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File These Current South Carolina State Tax Forms Prepare and efile these state forms for 2023 tax year in conjunction with your federal and state income tax return. As you proceed through the tax interview on eFile, the application will select the correct state forms for you.

You are not required to file a South Carolina Income Tax return if you are a South Carolina resident age 65 or older and: Your filing status is single, qualifying widow(er), or head of household and your gross income is less than the federal gross income filing requirement plus the age 65 and older deduction.

The IRS generally issues refunds within 21 days of when you electronically filed your tax return, and longer for paper returns. Find out why your refund may be delayed or may not be the amount you expected.

The South Carolina R&D credit is claimed using SC Schedule TC-18. The credit claimed in a tax year cannot exceed 50% of the company's tax liability for the year after all other credits have been applied. There is a 10-year carryforward for any unused credit.

You can expect your refund to move through our review process in up to ​8 weeks from February 5 or ​​​the date you filed (whichever is later), if you filed electronically; paper returns take longer. Amended returns take at least 12 weeks to complete the review process.

Although, state refunds often come faster than those being processed through the federal system. This isn't always the case, but it often is. Generally, you can expect to receive your state tax refund within 30 days if you filed your tax return electronically.

To check the status of your South Carolina state refund online, go to . You will be prompted to enter your Social Security number or ITIN and your exact refund amount, then click “Search.”

If you file a complete and accurate paper tax return, your refund should be issued in about six to eight weeks from the date IRS receives your return. If you file your return electronically, your refund should be issued in less than three weeks, even faster when you choose direct deposit.

Schedule TC-18 is submitted with the annual South Carolina state return. The credit is calculated as 5% of QREs in the current tax period in SC. The tax credit, including any carry forward amount, may be used to offset up to 50% of tax liability after all other credits have been applied.