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NCDOR Now Accepting Business Income Tax Returns

The North Carolina Department of Revenue (NCDOR) officially opened the 2020 business income tax filing season and began accepting Corporate Income and Franchise, and Partnership tax returns Thursday, Jan. 16. The Internal Revenue Service (IRS) began accepting business income returns Jan. 7. The NCDOR will announce the opening of the 2020 individual income tax filing season in the near future.

Taxpayers who filed before Jan. 16 will now begin receiving acknowledgements for electronically filed (eFiled) returns.

For calendar year filers, the tax filing deadline this year is Wednesday, April 15. The increasingly popular eFile method remains the fastest and safest way to file an accurate return and receive a refund.

The NCDOR anticipates that 2020 filers will have an even greater array of software products from which to choose. Payment options including scheduling of automatic bank drafts for taxes due, estimates, and extensions are available with eFile.

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