Jump to content
ATX Community

NC Preparers

Recommended Posts

My client is a Texas resident. He received a NC K-1 from his father's final trust. The K-1 shows NC taxable income on Part A, but 0 taxable on Part B for nonresidents. I am trying to decide if they need to file a NC tax return of if North 
Carolina will see that they have no taxable income. I have checked Google and NC and I am leaning towards having to file, but I don't want to waste my time or client's money if I don't have to.



Link to comment
Share on other sites

I don’t have a definite answer for your question, but I’ve usually followed the “when doubt, file” rule, even if there’s no tax due.  At least that starts the SOL clock running.  

  • Like 3
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
  • Create New...