State to start accepting individual tax returns in February, processing them delayed until March
The N.C. Department of Revenue will begin accepting both business and individual income tax returns over the next few weeks.
Officials say they plan to start accepting 2022 Corporate Income and Franchise, Partnership Income, and Estates and Trust Income tax returns by Friday, Jan. 27 and Individual Income tax returns by Friday, Feb. 3.
It it will be early March before they can start processing and validating return information and issuing refunds. Officials say the delay is necessary as they complete updating and testing of the refund fraud validation system, a measure that protects taxpayer identity and ensures that the appropriate refunds get into the hands of the right people.
For calendar year taxpayers, the due date is Monday, April 17.
The Internal Revenue Service recently announced that it will begin accepting individual income tax returns on Monday, Jan. 23.