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Category: South Carolina
41 Articles
Orange arrow South Carolina Form 4972 Tax on Lump Sum Distributions

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  South Carolina provisions for lump-sum distributions are the same as the federal provisions. If you used the federal 4972 for a lump-sum distribution, you must use the SC4972 to compute the South Carolina tax....
Orange arrow How can I check the status of my South Carolina state refund?

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  SC DOR website: https://dor.sc.gov/refund Check your refund status using our refund status application, which is available 24/7 and provides the same information as our customer service representatives. If you filed electronically and received a confirmation from your tax preparation software, ...
Orange arrow Who must file a South Carolina state tax return?

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  Individuals must file a South Carolina tax return if they earned income in South Carolina and are required to file a federal income tax return. If you are not required to file a federal return but you had state taxes withheld from your wages, you must file a state tax return to receive a tax refund...
Orange arrow South Carolina Conservation Bank Trust Fund

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  SC Conservation Bank Trust Fund - The fund seeks to improve the quality of life in SC by protecting, enhancing and preserving natural resource areas, wildlife habitats, water quality, forest lands, farmlands, places of beauty, historical and archaeological sites, public access for outdoor recreatio...
Orange arrow South Carolina Financial Literacy Trust Fund

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  SC Financial Literacy Trust Fund - Financial literacy education helps all South Carolina school students learn about personal finance and investments. With contributions from public or private sources, the Financial Literacy Trust Fund provides support for financial literacy education. SC Financi...
Orange arrow South Carolina Contributions

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  The following are funds you can contribute to with your tax return or along with your tax payment. Endangered Wildlife Fund -Thanks to your generous support, the number of bald eagles in South Carolina has increased from 13 to over 250 nesting pairs. With the success here and in other states, the ...
Orange arrow South Carolina Nursing Home Credit

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  NURSING HOME CREDIT: For individuals paying expenses for their own support or the support of another to an institution, in any state, providing nursing facility level of care or to a provider for in-home or community care. A physician must certify that nursing care is needed. No credit is allowed f...
Orange arrow South Carolina Additions

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  State tax addback If you itemized your deductions on your federal Income Tax return and deducted state and local Income Tax or general Sales Tax, you may be required to add back all or part of this amount to your federal taxable income when computing your South Carolina taxable income. Federal la...
Orange arrow South Carolina Subtractions

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  State tax refund If you included your state tax refund on your federal 1040, enter that amount on this line. Total and permanent disability retirement income If disability retirement income was taxed on your federal Income Tax return and you are totally and permanently disabled, you may be able ...
Orange arrow South Carolina Use Tax

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  South Carolina Use Tax Use Tax is due on purchases outside of South Carolina for use, storage, or consumption in South Carolina. Use Tax is paid to the SCDOR when the state Sales and Use Tax has not been collected by the seller. You may need to pay Use Tax if you make purchases: • from r...
Orange arrow South Carolina Payment Options

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  If you owe $15,000 or more in connection with any SCDOR return, you must pay electronically per SC Code Section 12-54-250(A)(1). Pay online using our free tax portal, MyDORWAY, at https://mydorway.dor.sc.gov/_/. Select Individual Income Tax Payment to get started. If mailing your payment, do...
Orange arrow South Carolina Form 4972 10 Year Option

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  South Carolina provisions for lump-sum distributions are the same as the federal provisions. If you used the federal 4972 for a lump-sum distribution, you must use the SC4972 to compute the South Carolina tax....
Orange arrow South Carolina Motion Picture Credit

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  SC Code Section 12-6-3570 allows credits against Income Tax for 20% of investments in qualified motion picture projects or qualified motion picture production or post-production facilities. Qualified motion picture projects (TC-25) A motion picture project is a product intended for commercial us...
Orange arrow South Carolina Motion Picture Project Certification

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  PURPOSE OF CERTIFICATION This form certifies to the Department of Revenue that at least $1 million of cash costs directly in South Carolina have been incurred to produce a master negative motion picture for theatrical or television exhibition in the United States. This form certifies that at leas...
Orange arrow How can I amend my South Carolina state return?

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  Beginning with tax year 2019, if you need to amend your return, file a new SC1040 and check the Amended Return box on the front. Complete the return as it should have been filed, including all schedules and attachments. Complete the SCH AMD, Amended Return Schedule and submit it with your amended S...

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