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Nc State Income Tax Standard Deduction 2024. North carolina law allows a deduction for every qualifying child for whom the taxpayer is allowed a federal child tax credit under sec. North carolina law gradually reduces personal income tax rates starting in 2024 under hb 259, enacted on october 3, 2023, without the signature of governor roy cooper, the personal income tax rate is gradually reduced starting in 2024 until it reaches 3.99% in 2026.

Under current law, any married couple filing jointly can deduct $25,500 of income. $25,500 for taxpayers with a filing status of married filing jointly or surviving spouse;