North Carolina Corporate Tax Credit Summary
Extracted from PDF file 2023-north-carolina-form-cd-425.pdf, last modified December 1969Corporate Tax Credit Summary
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Form CD-425
More about the North Carolina Form CD-425 Corporate Income Tax Tax Credit TY 2023
We last updated the Corporate Tax Credit Summary in February 2024, so this is the latest version of Form CD-425, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form CD-425 directly from TaxFormFinder. You can print other North Carolina tax forms here.
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TaxFormFinder has an additional 44 North Carolina income tax forms that you may need, plus all federal income tax forms.
Form Code | Form Name |
---|---|
Form D-407A | Estates and Trusts Income Tax Instructions for Form D-407 |
Form CD-401S | S Corporation Tax Return |
Form D-403A | Partnership Income Tax Instructions for Form D-403 |
CD-405-Instruction | C-Corporation Tax Return Instruction |
Form CD-405 | C Corporation Tax Return |
View all 45 North Carolina Income Tax Forms
Form Sources:
North Carolina usually releases forms for the current tax year between January and April. We last updated North Carolina Form CD-425 from the Department of Revenue in February 2024.
Form CD-425 is a North Carolina Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of North Carolina Form CD-425
We have a total of twelve past-year versions of Form CD-425 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
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