North Carolina 2011: Spouse's Lump-Sum Pension Distributions
North Carolina taxpayers born before January 2, 1936 may be able to use a lower substituted tax rate on their lump-sum pension distributions.
Certain customers, whose spouse filed a Form 4972 for a lump-sum pension distribution in 2011, may have filed an incorrect North Carolina tax return.
TurboTax has fixed this issue.
How to tell if you may be impacted
You may be affected if ALL of the following are true:
- You filed a 2011 North Carolina Income Tax Return before March 22, 2012 AND
- Your spouse had amount on federal Form 4972, Line 8 for income they received on a Form 1099-R AND
- You had an amount on your North Carolina Form D-400, Lines 45 OR 46 that included the amount on your federal Form 4972, Line 8
NOTE: When Married Filing Joint, the “spouse” is considered as the second person listed at the top of your federal Form 1040.
If you are affected, you may have underpaid your North Carolina tax. You may need to amend your North Carolina tax return.
You can make the corrections yourself.
- 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 of your amended state return.
- Your printed return will include instructions on how and where to mail it.
- If you need assistance, call us at the phone number in the email.
Or let us do the work for you.
- 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 15 days) when your corrected return is ready to be securely emailed back to you.
- You can print, sign, and mail the corrected return to the state taxing authority.
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 2011: Spouse Lump-Sum.
