North Carolina Salary & Paycheck Calculators
Updated October 2024North Carolina employs a flat income tax system with a single rate of 4.75% for 2024, which impacts your net income regardless of your earnings level. While simpler than some other states, North Carolina's tax code includes various deductions and exemptions that affect your paycheck.
North Carolina Income Tax Highlights
- 4.75% flat rate on all taxable income for both single filers and married couples filing jointly
This rate applies to residents on all sources of income and to non-residents on North Carolina-sourced income. The state allows for certain deductions and credits that can affect your taxable income.
North Carolina Calculators & Tools
Calculate Your Take-Home Pay
Input your income details and see how much you make after taxes and deductions.
Bonus Calculators
Find out how much your bonus will be taxed.
Net-to-Gross
Find out how much your gross pay should be for a specific take-home pay.
Withholding Forms
Specialty Calculators
Dual Scenario Hourly
Compare your take home pay in different hourly scenarios.
Dual Scenario Salary
Compare your take home pay in different salary scenarios.
401k Calculator
See how increasing your 401k contributions will affect your paycheck and your retirement savings.
Tax Tip Calculator
Determine your take home from tips after taxes
Key Points to remember about the North Carolina Paycheck Structure
- Flat tax system with a single rate
- Standard deduction of $13,850 for single filers and $27,700 for married couples filing jointly (2024 figures)
- No personal exemptions
- No local income taxes at the city or county level
- North Carolina does not tax Social Security benefits
Understanding these aspects of North Carolina's tax landscape is crucial for accurately estimating your net income and managing your finances effectively in the Tar Heel State. While North Carolina's tax system is relatively straightforward compared to some states, it's important to consider the various deductions and credits available to optimize your tax situation. It's worth noting that North Carolina has been gradually reducing its flat tax rate in recent years. The rate is scheduled to decrease further to 4.6% in 2025 and 4.5% in 2026, which will result in lower tax liabilities for all North Carolina taxpayers in the coming years.
Learn more about the Payroll Process in North Carolina
Visit the North Carolina Payroll Guide page
Fun Facts
North Carolina is known for its diverse landscapes, from the Appalachian Mountains to the Atlantic coast. It’s famous for its historic sites, such as Kitty Hawk, where the Wright brothers made their first flight. The state is also known for its barbecue.
