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1350 SC1040TC STATE OF SOUTH CAROLINA DEPARTMENT OF REVENUE (Rev. 8/5/11) 2011 TAX CREDITS 3913 YOUR SOCIAL SECURITY NUMBER NAME Most of these credits are computed on separate forms. Attach the appropriate.

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SC earned income tax credit This credit is open to full-year South Carolina residents and helps low- to moderate-income working individuals or couples, particularly those who have children. ing to the IRS, almost 25% of eligible taxpayers don't claim the EITC.

You may claim this credit if you had income that was taxed by California and another state. The credit will offset the taxes paid to the other state, so you are not paying taxes twice. This credit applies to: Individuals.

The credit for taxes paid to another state is automatically calculated in your account when you add a Nonresident return and have already created your resident South Carolina return. The credit will calculate only if you paid taxes to both South Carolina and the other state.

If you qualify for a paper copy of a tax form based on these criteria, you can email your paper form request to forms@dor.sc.gov or call 1-844-898-8542 to speak to a representative. You will need to provide your name, address, and the form you are requesting.

South Carolina's “property tax relief” law means the homeowner (Owner Occupied) will be exempt from paying school operations taxes. The state in Act 388 increased sales tax by one-cent to fund the school operating exemption. The amount of the exemption is based on individual county budgets.

If you elect to file as a full-year resident, file SC1040. Report all your income as though you were a resident for the entire year. You will be allowed a credit for taxes paid on income taxed by South Carolina and another state. You must complete SC1040TC and attach a copy of the other state's income tax return.

➢ This year, South Carolina families with incomes below $125,000 will get back up to half of what they spent on child care in 2021 while working or studying—saving up to $4,000 for one child or $8,000 for two or more children under age 13.

You can deduct any estimated taxes paid to state or local governments and any prior year's state or local income tax as long as they were paid during the tax year. Generally, you can take either a deduction or a tax credit for foreign income taxes, but not for taxes paid on income that is excluded from U.S. tax.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232