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North Carolina Tax

For North Carolina residents, you specify the employee's status and exemptions.

Deltek Modification Date - 12/16/19

Enter the following field information for residents of North Carolina on the Withholding grid on the Payroll tab of the Employees hub:

Field Description
Status

Enter the status claimed by the employee for federal income tax purposes on Form W-4:

  • S: Single
  • M: Married
  • H: Head of household
  • W: Surviving spouse
Exemptions Enter the total number of withholding allowances claimed by the employee on the North Carolina Employee’s Withholding Exemption Certificate, Form NC-4.
Other Exemptions North Carolina’s tax calculations do not use the Other Exemptions field.
Supplemental Wages The flat supplemental withholding rate is at 5.35%.

Automatically Calculated Variables

Vantagepoint automatically computes the following variables.

Standard Deduction

The standard deduction is a table-based deduction that applies to all employees. The amount of the deduction depends on the employee’s filing status:

If the status is Then the deduction is
Single $10,750
Married $10,750
Head of household $16,125
Surviving spouse $10,750

Allowance

The allowance is based on the number of exemptions in the first Exemptions field. It is determined by multiplying the number of exemptions by $2,500.

How Vantagepoint Calculates Tax

To calculate an employee's North Carolina State tax, Vantagepoint does the following:

  1. Multiplies the employee's gross pay per pay period by the number of pay periods in a year to determine annualized gross wages.
  2. Subtracts the employee's standard deductions, allowance, and any 401(k) and 125/Cafeteria plan contributions from the employee's annualized gross wages to determine the taxable income.
  3. Calculates the net income tax by applying Tax Calculation Method 1 to the taxable income.
  4. Divides the net income tax by the number of pay periods in a year to determine the amount to be withheld for the pay period.
  5. Rounds the final results of calculations to the nearest whole dollar.