PURPOSE: Complete Form NC-4 so that your employer can withhold the tax payments using Form NC-40 to avoid interest on the underpayment correct amount of State income tax from your pay. If you do not submit of estimated income tax. Form NC-40 is available on the Department's Form NC-4 to your employer, your employer must withhold as if your website at www.ncdor.gov filing status is "Single" with no withholding allowances.
CAUTION: If you furnish an employer with an Employee's Withholding Allowance Certificate that contains information which has no reasonable basis and results in a lesser amount of tax being withheld than would have been withheld had you furnished reasonable information, you are subject to a penalty of 50% of the amount not properly withheld.