Oneida, NY asked in Real Estate Law and Tax Law for North Carolina

Q: I own a house in North Carolina but my main residence is new york. Do I have to pay north Carolina State income tax ?

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2 Lawyer Answers
Barry E. Janay
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A: Generally you don't have to pay income taxes in a state where you just own property, but if you live there part time and if you earn income from a source there that is a different story.

If I were you I would review the primer here and try to match it to your individual circumstances:

https://turbotax.intuit.com/tax-tools/tax-tips/Tax-Planning-and-Checklists/Multiple-States---Figuring-What-s-Owed/INF12055.html

A CPA can also answer any questions you have.

As for North Carolina specifically, see:

See http://www.dor.state.nc.us/taxes/individual/resident.html

Part-year residents who, while they are North Carolina residents, receive income from sources in another state or country that is taxed by another state or country may be eligible to claim a tax credit. Nonresidents are not entitled to tax credits for taxes paid to another state or country.

Mitchell A. Nathanson
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A: Income tax has nothing to do with home ownership, but rather a) income and b) residence. The best one to answer your question would be an income tax accountant in North Carolina.

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