Question

Do I pay taxes on 3 months of North Carolina employer Severance pay if I moved out of state and established residency in Washington State after receiving it?

Forum|Forum|6 years ago
February 23, 2020
1 reply
0 views

DaveF1006

Yes, you will still need to report the severance pay received on a NC state tax return. If you lived in NC for a portion of the year, you would need to file as a part-year resident and report your residency dates in MY INFO As you go through your NC return, it will also ask you to enter or review your residency dates.

Also, beware that North Carolina will ask you about your income allocation so you will want to make sure that only your severance pay is the only income taxed in NC and that all your other income is excluded.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"