Are there any tax credits or deductions available in North Carolina?

Yes, there are several tax credits and deductions available in North Carolina. Individuals and businesses may be eligible for tax credits such as the Child Tax Credit, Earned Income Tax Credit, and Renewable Energy Tax Credit, among others. Deductions available include the standard deduction and itemized deductions for certain expenses like mortgage interest, medical expenses, and charitable contributions. Additionally, businesses may qualify for various credits and deductions related to job creation, research and development, and film production. It is essential to consult the specific eligibility requirements and guidelines provided by the North Carolina Department of Revenue or seek professional tax advice to determine if you qualify for these tax credits and deductions.