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March 3, 2025
Question

North Carolina Form NC-PE

  • March 3, 2025
  • 1 reply
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I am using Turbotax for Business and have selected the North Carolina state module.  In preparing my return, TurboTax for Business has included in the state section, North Carolina form NC-PE.  I cannot find instructions and support for this form in or out of Turbotax.  Is this form calculated by Turbotax or do I have to sort through and feed the values in to Turbotax?

1 reply

March 11, 2025

This form is used for additions and deductions for pass through entities such as partnerships, s-corporations and estates. You can view the form using the link below with some insight  It is required to be attached to the North Carolina (NC) entity if the entity is required to add certain items to federal income, or if the entity is allowed to deduct certain items from federal income.

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