North Carolina issues Form NC-3 and FAQs

North Carolina reminds employers, pension payers, and others that withhold personal income tax they must electronically file an annual reconciliation of withholding, Form NC-3, by January 31, 2018. Copies of W-2s, 1099s and other withholding statements must also be filed electronically by the deadline. The Department of Revenue is granting an automatic waiver from the electronic filing requirements for taxpayers that can’ meet the requirement. However, the waiver does not apply to a taxpayer’s obligation to file Form NC-3, W-2s and 1099s using paper or CD by the January deadline. A $50 penalty will be imposed on taxpayers who fail to file by January 31, 2018. The Department also provides answers to frequently asked questions about annual information reporting requirements for personal income withholding tax. (Form NC-3 Electronic Filing Reminder, North Carolina Department of Revenue, January 15, 2018; eNC3 and Information Reporting Frequently Asked Questions, North Carolina Department of Revenue, December 15, 2017.)

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