§ 105-163.16. Overpayment refunded. - North Carolina Statutes

§105‑163.16.  Overpayment refunded.

If the amount of wages orcompensation withheld at the source under this Article exceeds the tax imposedby Article 4 of this Chapter against which the withheld tax is credited underG.S. 105‑163.10, the excess is considered an overpayment by the employeeor contractor.  If the amount of estimated tax paid under G.S. 105‑163.15exceeds the taxes imposed by Article 4 of this Chapter against which theestimated tax is credited under the provisions of this Article, the excess isconsidered an overpayment by the taxpayer.  An overpayment shall be refunded asprovided in Article 9 of this Chapter. (1959, c. 1259, s. 1; 1967,c. 702, s. 2; 1973, c. 476, s. 193; c. 903, s. 3; 1975, c. 74, s. 2; 1979, c.801, s. 71; 1981 (Reg. Sess., 1982), c. 1223, s. 1; 1983, c. 663, s. 2; c. 865,s. 1; 1985, c. 443, s. 3; 1987 (Reg. Sess., 1988), c. 1063, s. 2; 1989, c. 728,s. 1.45; 1989 (Reg. Sess., 1990), c. 814, s. 23; 1991, c. 45, s. 22; 1993, c.315, s. 2; 1997‑109, s. 2.)