10 Tips from a Tax Lawyer for 2010 and 2011
Last week I was interviewed regarding income and estate taxes in 2010 and 2011 offering tips and insights based on what I see in my practice. Click here for the text and the podcast.
Last week I was interviewed regarding income and estate taxes in 2010 and 2011 offering tips and insights based on what I see in my practice. Click here for the text and the podcast.
I would like some clarification on withdrawals of monies in Roth IRA's. I am over 60 and fulfill the requirements of having the Roth for over five years. Do I pay state income tax in NC on withdrawals from the Roth? I know the Federal tax is exempt. Thank you!
RESPONSE: No. If no federal tax is due, no NC tax is due.