Attention EBCI Pension/Retirement recipients

by Jan 14, 2014Happenings0 comments

You have likely received a notice in the mail and a copy of the North Carolina NC-4P Form, with instructions to complete and return to Sun Trust, First Citizens and/or Key Bank. Individuals meeting certain criteria are exempt from North Carolina State Income Taxes:

1. Are an enrolled member of a federally recognized Indian Tribe

2. Reside on a federally recognized Indian Reservation (trust lands) at the time the income is derived

If you meet both of the criteria outlined above, you are likely exempt from North Carolina State Income Tax. If you meet both of the criteria outlined above, please complete the form with your personal information and write clearly on the body of the form “EXEMPT”. Writing “EXEMPT” on the form will give the bank instruction to not withhold North Carolina State Income Tax from your benefit payments.

Info: Kristin Smith, EBCI Benefits Department, 554-6391

– EBCI Finance Dept.