Of course tax laws and rates are constantly changing. The official website for Moore County Government is a terrific resource for both current residents and prospective residents of the Sandhills region of North Carolina to keep up to date.
When you click on the link below, a new window will open up and take you directly to a tax rate chart which you can either view on screen or download and print. You may close that window at any time without losing your place here.
Sales Taxes
State Sales Tax: 7.0%; Some county taxes can increase the total to 7.5%.
Gasoline Tax: 31.5 cents/gallon
Diesel Fuel Tax: 31.5 cents/gallon
Gasohol Tax: 31.5 cents/gallon
Personal Income Taxes
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Tax Rate Range: |
Low - 6.0%; High - 8.25% |
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Income Brackets: |
Lowest - $12,750; Highest - $120,000 |
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Number of Brackets: |
4 |
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Personal Exemptions: |
Single - $1,050
Married - $2,100
Dependents - $1,050 |
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Standard Deduction: |
Single - $3,750 |
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Medical/Dental Deduction: |
Federal amount |
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Federal Income Tax Deduction: |
None |
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Retirement Income Taxes:
Social Security is exempt.
At least $4,000 in exclusions for federal, state and local pensions (depending on dates and length of service); up to $2,000 exemption for qualified private pensions, including IRAs. Out-of-state government pensions also qualify for the $4,000 exemption. Military retirees with at least 5 years of creditable service as of August 12, 1989, will be permanently exempt from state income tax on their retired/retainer pay.
Retired Military Pay: If an individual had five years of creditable service as of August 12, 1989, all military retired pay is exempt from taxes. Otherwise, a deduction of up to $4,000 is allowed for military pay or survivor's benefits.
Military Disability Retired Pay:
Disability Portion - Length of Service Pay; Member on September 24, 1975 - No tax; Not Member on September 24, 1975 - Taxed, unless combat incurred. Retired Pay - Based solely on disability: Member on September 24, 1975 - No tax; Not Member on September 24, 1975 - Taxed, unless all pay based on disability and disability resulted from armed conflict, extra-hazardous service, simulated war, or an instrumentality of war.
VA Disability Dependency and Indemnity Compensation: Not subject to federal or state taxes
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.
Property Taxes
All property, real and personal, is subject to taxation and is assessed based on 100% of appraised value. Taxes are collected by cities and counties. Under the homestead exemption, homeowners 65 and older whose household income is $18,500 or less, $20,000 or 50% (whichever is greater) of the appraised value of the property is exempt from taxes. Call (919) 733-7711 for details.
Inheritance and Estate Taxes
There is no inheritance tax and the estate tax is related to federal estate tax collection.