North Carolina 2010: Certain Customers May Have Incorrect Long-Term Care Insurance Premium Credit
Updated: 5/02/2011
Article ID: SLN50329
Certain customers, who had a deduction for long term care insurance premium on their federal tax return, may have an incorrect long-term care insurance premium credit on their North Carolina tax return.
This issue has been fixed.
How to tell if you're impacted
You may be affected if ALL of the following are true:
- You filed your North Carolina tax return prior to February 21, 2011 AND
- For your federal tax return, you entered amount(s) for long-term care insurance premiums AND
- You itemized your deductions on your federal return (Schedule A) AND
- Your Schedule A included medical expense deductions (Schedule A, line 4 ) AND
- You entered the same insurance premium amount(s) again for North Carolina AND
- Your North Carolina return included a credit for long-term care insurance premiums (Form D-400TC, line 21.)
If you are affected, you may have overpaid your North Carolina tax. If so, you will need to amend your North Carolina tax return.
If you need to contact us, please use the phone number in the email from TurboTax and tell the representative you’re calling about the North Carolina: Long Term Care Insurance Premiums.
Solutions
Let us do the work for you. We highly recommend this.
- Please download and print this Authorization Form.
- Complete the form and fax it to us at the number printed at the top of the form.
- A TurboTax representative will contact you (within 6 days) when your corrected return is ready to be securely emailed back to you.
- You can print, sign and mail the corrected return to North Carolina.
Or you can make the corrections yourself. However, the amend process can be complex.
- To do it yourself, please follow these step-by-step instructions.
- After you make the changes to your tax return, you will need to mail a copy to North Carolina.
- If you need assistance, call us at the phone number in the email.