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Printable Form 1099-OID Winston–Salem North Carolina: What You Should Know

Original Rental Property. Other. Taxpayer Return Information. Payment Amounts. Credit for Federal Tax Paid for Exemption From State Income Tax. 1099-W. Wages. Form 1099-R. Self-Employment Tax Credit. Forms and Publications. New Products. For More Information —  Forms and Publications: — Download all forms listed under Forms and Publications Form 8379, Payroll Expense Statement, or 1099–DID Original issue discount amount. Other information. The form contains some errors. Tax Tips for North Carolina residents must file North Carolina tax returns using one of the following income tax forms: North Carolina sales tax form A, North Carolina gross receipts tax form (PCL) form NC-8.1‑20, sales tax paid on meals, dinners, or entertainment, North Carolina gross receipts tax form, or North Carolina gross receipts tax form (PCL) form NC‑8.2‑20. Original Issue Discount (DID) If the DID is not included on your return, it is not a tax liability. For example, if you paid more than the taxable income for the year, this taxable income is taxed, and you get an DID. The DID has to be reported for income tax purposes only, and must not be used to calculate income tax. Income tax returns are not prepared for persons who have other federal tax liability, such as Social Security and Medicare tax. If you don't have an DID, you must report your gross income (without the DID) on your IRS North Carolina tax return.

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