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Author: jpandes Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 118719  
Subject: State taxes on Roth IRAs: NC Date: 6/2/1998 9:27 AM
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I want to find out how North Carolina handles taxes for Roth IRAs. Any ideas on where I might be able to run across this information?
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Author: mbwalker Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 4063 of 118719
Subject: Re: State taxes on Roth IRAs: NC Date: 6/2/1998 10:07 AM
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jpandes asks:

<I want to find out how North Carolina handles taxes for Roth IRAs. Any ideas on where I might be able to run across this information?>

According to the Winston-Salem Journal (3/19/98): "The state has not addressed how it will treat the earnings from the new Roth IRAs. It will be up to the General Assembly to decide that when it meets this year."

Usually, North Carolina adopts new US tax laws, so it's likely that they will fall in line with the federal regs. IMO, the General Assembly probably won't make a final ruling until this fall. You might call your local representative & petition.

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Author: jpandes Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 4064 of 118719
Subject: Re: State taxes on Roth IRAs: NC Date: 6/2/1998 10:57 AM
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Thanks. Will do. You'd think that somewhere on the Net there would be a table showing state by state what the status of tax treatment for Roth IRAs is.

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