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1350STATE OF SOUTH CAROLINAI338DEPARTMENT OF REVENUE(Rev. 6/2/15) 3418COMPOSITE RETURN AFFIDAVIT20The undersigned taxpayer on oath, being first duly sworn, hereby certifies and agrees as follows: 1.I.

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How to fill out the Fillable Form I-338 online

Filling out the Fillable Form I-338 online can streamline the process of certifying your nonresident tax obligations. This guide provides step-by-step instructions to help you complete the form accurately and efficiently.

Follow the steps to complete the Fillable Form I-338.

  1. Click ‘Get Form’ button to obtain the form and open it for editing.
  2. Provide your name in the designated field to identify yourself as the taxpayer.
  3. Fill in your address in the specified section, including number, street, city, state, and zip code.
  4. Input your social security number (SSN) or federal employer identification number (FEIN) in the corresponding field.
  5. Select the type of income applicable to your affidavit from the provided options.
  6. Enter the name and address of the entity you are affiliated with, along with its FEIN.
  7. State that you have no other sources of taxable income in South Carolina besides the stated entity.
  8. Complete the year for which this affidavit applies or specify the fiscal year details.
  9. Sign and date the affidavit in the designated area.
  10. After completing the form, save your changes, and download a copy for your records.

Ensure your tax obligations are met by filling out the required documents online today.

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I-338 COMPOSITE RETURN AFFIDAVIT INSTRUCTIONS The composite return includes income received by the participant from the partnership, S-Corporation or LLC. Each participant's tax is computed separately and added together to arrive at the total tax due on the composite return.

If you file a joint federal return, you must file a joint SC1040 with Schedule NR. You will report all income for the entire year to South Carolina. Your spouse will only report income earned in this state. If you file separate federal returns, you must file a separate South Carolina return.

South Carolina The electing pass-through entity will pay tax on active trade or business income at a rate of 3%. The qualified owner of the electing pass-through entity would then exclude their share of active trade or business income from the pass-through entity on their South Carolina tax return.

Participants are limited to individuals, trusts, or estates who are partners of the partnership, shareholders of the S corporation, or members of an LLC taxed as an S corporation or partnership. Corporate partners and members may not participate in composite returns.

You are a RESIDENT and: You filed a federal return with income that was taxable by South Carolina. You had South Carolina income taxes withheld from your wages. You are married filing jointly, age 65 or older and your gross income is greater than federal gross income filing requirement amount plus $30,000.

Overview. A group nonresident tax return is a single tax return that is for a group of individuals, also known as a composite tax return, that meets the California individual income tax return filing requirement .

Give us a call at 1-844-898-8542 or email forms@dor.sc.gov so we can direct you to the proper form, or discuss the online filing option that best fits your needs. Filing online using MyDORWAY makes finding the right form easy!

South Carolina has a 6.00 percent state sales tax rate, a max local sales tax rate of 3.00 percent, and an average combined state and local sales tax rate of 7.43 percent.

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