SCorpDesk / 2026 S-Corp & QBI Guides / North Carolina (NC) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
North Carolina (NC) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
What are the 2026 S-Corp tax and PTET rules in North Carolina?
In North Carolina (NC), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form CD-401S). For the Pass-Through Entity Tax (PTET) deduction: 4.25% North Carolina Taxed S-Corporation (PTET). Entity-level franchise/minimum tax: $200 Minimum NC Franchise Tax ($1.50 per $1,000 over $1M).
In North Carolina (NC), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form CD-401S). For the Pass-Through Entity Tax (PTET) deduction: 4.25% North Carolina Taxed S-Corporation (PTET). Entity-level franchise/minimum tax: $200 Minimum NC Franchise Tax ($1.50 per $1,000 over $1M).
Open North Carolina 2026 S-Corp & 20% Permanent QBI Calculator
2026 North Carolina (NC) S-Corporation Statutory Tax Matrix
| North Carolina S-Corp Compliance Area | 2026 Statutory Rule |
|---|---|
| State S-Corp Election Recognition | Recognizes Federal Form 2553 (Form CD-401S) |
| Pass-Through Entity Tax (PTET) Election | 4.25% North Carolina Taxed S-Corporation (PTET) |
| Annual Minimum / Franchise Tax | $200 Minimum NC Franchise Tax ($1.50 per $1,000 over $1M) |
| Federal Section 199A QBI Deduction | Up to 23% of qualified K-1 income under Public Law 119-21 |
| Home Office & Mileage Deduction Method | Must use an IRC Section 62(c) Corporate Accountable Plan |
Frequently Asked Questions
Does North Carolina require a separate state S-Corp election in 2026?
For North Carolina (NC): Recognizes Federal Form 2553 (Form CD-401S).
What is the North Carolina S-Corp franchise or minimum tax for 2026?
In North Carolina: $200 Minimum NC Franchise Tax ($1.50 per $1,000 over $1M).