North Carolina Schedule C — Property ClaimeExemptmp— - 91C-Local Form 91C) --Revised:09/2013) -PDF DOCX is a form used by North Carolina taxpayers to claim State and Federal exemptions for property owned in the state. It is an attachment to Form NC-40, North Carolina Individual Income Tax Return, and is used to report the value of property claimed as exempt from taxation. The form allows taxpayers to report real property, personal property, and investments that are exempt from taxation, such as homesteads, retirement accounts, educational accounts, and certain types of business investments. Taxpayers must list the type of exemption, the value of the exemption, and a brief description of the property claimed as exempt. The form can be completed electronically or printed out and mailed to the North Carolina Department of Revenue. There are two types of North Carolina Schedule C — Property ClaimeExemptmp— - 91C-Local Form 91C) --Revised:09/2013) -PDF DOCX, one for individuals and one for businesses.