Get Local Option Addendum St-389-a - The South Carolina ... - Sctax

Filling out the LOCAL OPTION ADDENDUM ST-389-A is an important step in managing your local tax obligations in South Carolina. This guide will provide clear and detailed instructions to help you navigate the form efficiently.

Follow the steps to complete the local option addendum with ease.

1. Press the ‘Get Form’ button to access the form and open it in your digital editor.
2. Enter your retail license or use tax registration number in the appropriate field. This unique identifier is essential for the processing of your form.
3. Provide your business name as it appears on your official documents.
4. Indicate the period ended for which you are submitting this addendum. Ensure the date reflects the correct tax reporting period.
5. Using the provided local option numerical codes, enter the name of the county or jurisdiction where the sale occurred. Make sure to use the correct code for accurate reporting.
6. Fill in the 'Net Taxable Amount' for each entry, which is the total amount subject to tax for that jurisdiction. This is critical for calculating the local tax rate.
7. Calculate the 'Local Tax' by applying the relevant local tax rate to the net taxable amount. Enter this data accordingly.
8. If applicable, calculate any discounts that may apply. Enter this value next to the corresponding local tax entry.
9. Compute the 'Net Amount After Discount' by subtracting the discount from the local tax amount, and enter this figure in the designated field.
10. Once all fields are completed and verified for accuracy, save your changes. You can then download, print, or share the completed form as needed.

Complete your LOCAL OPTION ADDENDUM ST-389-A online today to ensure compliance with local tax regulations.