(tax-rate-schedules)Tax Rate Schedules (current tax year rates: 3.99% for taxable years after 2025)#
(tax-rate-schedules)(block-1)Current Tax Year Rates#
Session Law 2023-134 updated the NC individual income tax rate for future tax years. The new rate for each tax year is as follows:
For Taxable Years beginning in 2025, the North Carolina individual income tax rate is 4.25% (0.0425).
For Taxable Years after 2025, the North Carolina individual income tax rate is 3.99% (0.0399).
Additional rate changes may apply to tax years beginning with 2027 based on certain rate reduction triggers. For more information, see Session Law 2023-134 .
(tax-rate-schedules)(block-2)Previous Tax Year Rates#
Tax Year 2024
Tax Year 2023
Tax Year 2022
Tax Years 2019-2021
Tax Years 2017-2018
Tax Years 2015-2016
For Tax Year 2024, the North Carolina individual income tax rate is 4.50% (0.0450).
For Tax Year 2023, the North Carolina individual income tax rate is 4.75% (0.0475).
For Tax Year 2022, the North Carolina individual income tax rate is 4.99% (0.0499).
For Tax Years 2019, 2020, and 2021 the North Carolina individual income tax rate is 5.25% (0.0525).
For Tax Years 2017 and 2018, the North Carolina individual income tax rate is 5.499% (0.05499).
For Tax Years 2015 and 2016, the North Carolina individual income tax rate is 5.75% (0.0575).