The Combined Rate accounts for Federal, State, and Local tax rate on capital gains income, the 3.8 percent Surtax on capital gains and the marginal effect of Pease Limitations (which results in a tax rate increase of 1.18 percent).
North Carolina has a flat income tax rate of 5.75% of federal taxable income.
5925 Carnegie Blvd., Suite 200, Charlotte NC 28209
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105 Hallbrook Farms Circle, Wilmington NC 28411
601 Early Avenue, Eden NC 27288
117 North Merritt Avenue, Salisbury NC 28144