Nitrogen (N) deposition has been well documented to cause substantial impacts on ecosystem carbon cycling. However, the majority studies of stimulating N deposition by direct N addition to forest floor have neglected some key ecological processes in forest canopy (e.g., N retention and absorption) and might not fully represent realistic atmospheric N deposition and its effects on ecosystem carbon cycling. In this study, we stimulated both canopy and understory N deposition (50 and 100 kg N ha−1 year−1) with a local atmospheric NHx:NOy ratio of 2.08:1, aiming to assess whether canopy and understory N deposition had similar effects on soil respiration (RS) and net ecosystem production (NEP) in Moso bamboo forests. Results showed that RS, soil autotrophic (RA), and heterotrophic respiration (RH) were 2971 ± 597, 1472 ± 579, and 1499 ± 56 g CO2 m−2 year−1 for sites without N deposition (CN0), respectively. Canopy and understory N deposition did not significantly affect RS, RA, and RH, and the effects of canopy and understory N deposition on these soil fluxes were similar. NEP was 1940 ± 826 g CO2 m−2 year−1 for CN0, which was a carbon sink, indicating that Moso bamboo forest the potential to play an important role alleviating global climate change. Meanwhile, the effects of canopy and understory N deposition on NEP were similar. These findings did not support the previous predictions postulating that understory N deposition would overestimate the effects of N deposition on carbon cycling. However, due to the limitation of short duration of N deposition, an increase in the duration of N deposition manipulation is urgent and essential to enhance our understanding of the role of canopy processes in ecosystem carbon fluxes in the future.