Allows enlisted members of the North Carolina National Guard with ranks E-1 through E-5 to deduct federal basic pay from state income tax.
The bill amends North Carolina's General Statutes to allow enlisted members of the Army National Guard or Air National Guard with ranks E-1 through E-5 who reside in North Carolina to deduct their federal basic pay from their state income tax. This deduction applies to taxable years beginning on or after January 1, 2025.
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