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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

SteamTrain
March 3, 2025

@RFFarm 

 

I don't know anything about the how the Software works for Partnership/Business tax returns..

 

BUT... a PDF of instructions by the NC DOR for the NC-PE can be found on this page:

Partnership Tax Forms and Instructions | NCDOR

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
RFFarmAuthor
March 4, 2025

Thank you for your input.  I looked at that link earlier, however, it does not contain any instructions for the form. Only the web fill-able and the hand entered versions.  I will be calling the NC DOR tomorrow for clarification.

RFFarmAuthor
March 5, 2025

I just spoke with a representative at NC Dept of Revenue.  He advised me that there are no instructions available for form NC-PE.  The form should be self explanatory.  My observation is that what is self explanatory to the author is not always self explanatory to the user.

 

I am still trying to figure out how Turbotax handles this form.  Does it populate/calculate from data I have entered or do I need to determine what if anything goes into it.  At present it is a blank form and I have entered all data I have into Turbotax Business.