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STATE OF SOUTH CAROLINA DEPARTMENT OF Revenuer Tax Year2022Instructions and Specifications for Filing W2s This package contains: Important notices South Carolina requirements WH1612 transmittal form.
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Txt FAQ
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Employee instructions Complete the SC W-4 so your employer can withhold the correct South Carolina Income Tax from your pay. If you have too much tax withheld, you will receive a refund when you file your tax return.
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Overview of South Carolina Taxes Gross Paycheck$3,146Federal Income16.20%$510State Income5.80%$183Local Income0.00%$0FICA and State Insurance Taxes7.65%$24123 more rows
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South Carolina Withholding Tax Withholding Tax is taken out of taxpayer wages to go towards the taxpayers' total yearly Income Tax liability.
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1. Late Filing Penalty: This penalty is 5% of your total taxes owed if the failure to file your return is not more than one month after your SC tax return is due. You will be charged an additional 5% for each additional month or fraction of the month you file your return late, not exceeding 25%. 2.
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You may receive a letter from the SCDOR asking you to complete either the Identity Verification Quiz or Individual Code Verification after filing your return. This is just another step we are taking to ensure that fraudsters are not using your information to file a false return and steal your refund.
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Make sure the amount used on line 1 of the SC1040 is the federal taxable income. If you claim a nonrefundable tax credit, attach an SC1040TC and all supplemental tax credit schedules to support the tax credits claimed on the SC1040TC. Include SC Withholding amount on the proper line for W-2's and/or 1099's.
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