Get Sc Dor I-290 2020-2025

Filling out the SC DoR I-290 form is an essential step for anyone involved in the purchase of real estate in South Carolina where nonresident sellers are concerned. This guide will provide clear and supportive instructions on how to effectively complete the form online.

Follow the steps to successfully complete the SC DoR I-290 online.

1. Press the ‘Get Form’ button to acquire the SC DoR I-290 form and open it in the editor.
2. Carefully input the location of the property including the county and tax map number.
3. Enter the date of withholding and date of closing clearly in the designated fields.
4. Complete the seller's information by filling in their first and last name, address, phone number, and tax identification number.
5. Provide the buyer's details including their name and tax identification number.
6. Indicate if a third party is involved in the transaction by selecting the appropriate type and entering their details.
7. Complete the basis of withholding by checking the relevant box and doing the necessary calculations.
8. Answer whether the seller is a corporation and proceed with the required calculations based on the seller's status.
9. Fill in the total payment to the seller, accounting for any selling expenses and mortgages.
10. Calculate the amount to be withheld and enter any penalty or interest for late payments.
11. If applicable, provide details for installment sales, including the due date of the first installment.
12. Review all entered information for accuracy and completeness to avoid processing delays.
13. Once completed, save changes, initiate a download, or print the finalized form to retain a copy.

Complete the SC DoR I-290 form online to ensure timely and accurate processing of your real estate transaction.