(sc1040-packet)2020 SC1040 Individual Income Tax Form and Instructions (packet)#
(sc1040-packet)(document-1)#
JANUARY 2021 REV: 1/21/2021 2020 SC1040 INDIVIDUAL INCOME TAX FORM AND INSTRUCTIONS SOUTH CAROLINA DEPARTMENT OF REVENUE DOR.SC.GOV
1 TABLE OF CONTENTS Reminders ..................................................................................................................................................... 1 Electronic Filing ............................................................................................................................................. 2 New for 2020 ................................................................................................................................................ 3 Filing Guidelines ........................................................................................................................................... 4 Tax Help ........................................................................................................................................................ 5 Frequently Asked Questions…………………………………………………………………………………………………………………….6 SC1040 Instructions……………………………………………………………………………………………………………………………….10 SC1040…………………………………………………………………………………………………………………………………………………..28 Tax Tables………………………………………………………………………………………………………………………………………………31 REMINDERS The due date for filing your 2020 South Carolina Individual Income Tax return is April 15, 2021. Find forms at dor.sc.gov/forms. Mail returns to: Refunds or zero tax: Balance due: SC1040 Processing Center Taxable Processing Center PO Box 101100 PO Box 101105 Columbia, SC 29211-0100 Columbia, SC 29211-0105 Make payments on MyDORWAY, our secure tax portal! Pay any balance due using our free tax portal, MyDORWAY. Visit dor.sc.gov/pay and select Individual Income Tax Payment to get started. If you’re expecting a refund, your options are direct deposit, debit card, or paper check. Direct deposit is the fastest, safest, and easiest way to receive your refund. Other refund options like paper checks cost taxpayers 10 times more to process, take longer to get to you, and can be lost or stolen. If you need more time to file your SC1040, visit dor.sc.gov/pay, select Individual Income Tax Payment, then select Extension Payment on the following screen. Your payment on MyDORWAY automatically submits your filing extension request—no additional paperwork required! South Carolina Use Tax is due on purchases made outside of South Carolina for use, storage, or consumption in South Carolina, when the state Sales and Use Tax has not already been collected by the seller. Examples include purchases made online, when visiting another state, or through out‐of‐state catalog companies and home shopping networks. Use Tax can be paid on the SC1040 (line 26), online with your MyDORWAY account, or by completing the UT‐3/UT‐3W. A worksheet is included in the SC1040 Instructions to help you calculate and pay Use Tax.
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Ready for your refund? File online and choose direct deposit. Filing online and choosing direct deposit is the quickest and most secure way to complete your South Carolina return and get your refund. You have until May 3, 2021 to file and pay any balance due if you file and pay online! This does not apply to federal returns or returns submitted by paper. Visit dor.sc.gov/iit-filing for information on your electronic filing options. Free and low cost options are available! • You may qualify to file online for free! Visit dor.sc.gov/services/free-file to find vendors and qualification information. • South Carolina Fillable Forms is a free product that allows you to file a very simple return online or by mail. South Carolina Fillable Forms does not support all lines of the SC1040. Learn more at dor.sc.gov/services/sc-fillable. Whether you file online or by paper, choose to receive your refund by direct deposit. It’s fast, accurate, and secure! Other refund options like paper checks cost taxpayers 10 times more to process, take longer to get to you, and can be lost or stolen. Go direct!
3 NEW FOR 2020 2020 LEGISLATIVE UPDATE – A list of significant changes in tax and regulatory laws and regulations enacted during the 2020 legislative session is available at dor.sc.gov/policy. CONFORMITY – South Carolina recognizes the Internal Revenue Code as amended through December 31, 2019, unless otherwise provided. If adopted Internal Revenue Code sections that expired on December 31, 2019 are extended, but were otherwise not amended by congressional act during 2020, these sections will also be extended for South Carolina Income Tax purposes. INCREASE IN SOUTH CAROLINA DEPENDENT EXEMPTION (line w of the SC1040) – The South Carolina dependent exemption amount for 2020 is $4,260 and is allowed for each eligible dependent, including both qualifying children and qualifying relatives. INCREASE IN MOTOR FUEL INCOME TAX CREDIT – The refundable Income Tax credit increased from 5 cents per gallon to 7 cents per gallon for 2020. Full or part-year resident taxpayers may claim the refundable credit for the lesser of the increase in South Carolina Motor Fuel User Fee they paid during 2020 or the preventative maintenance costs they incurred in South Carolina during the tax year. The credit is limited to two private passenger motor vehicles or motorcycles. To claim the credit, attach a completed I-385 to your return. INCREASE IN EARNED INCOME TAX CREDIT – Full‐year residents may claim the South Carolina Earned Income Tax Credit. For 2020, the non‐refundable credit is equal to 62.50% of the Federal Earned Income Tax Credit allowed the taxpayer. INCREASE IN TWO WAGE EARNER CREDIT – The maximum credit available for the Two Wage Earner Credit (claimed by a married couple filing jointly when both taxpayers have earned income taxed to South Carolina) has increased. For 2020, the credit is 0.7% of the lesser of $40,000 or the South Carolina qualified earned income of the taxpayer with the lower qualified income for the taxable year. SC DEPARTMENT OF ARCHIVES AND HISTORY CONTRIBUTION FOR CHECK-OFF – Contributions to the SC Department of Archives and History are used to purchase or preserve collections with significant historical value to the State. For more information, visit the SC Department of Archives and History at scdah.sc.gov. PRECEPTOR CREDIT AND DEDUCTION – For tax years 2020 through 2025, a nonrefundable Individual Income Tax credit is available for eligible physicians, advanced practice registered nurses, or physician assistants who serve as preceptors for qualifying clinical rotations required by a medical school, physician assistant program, or advanced practice nursing program. Credit amounts are phased in over a five-year period. If a taxpayer serves additional rotations that exceed the credit limit for the tax year, they may be eligible for a deduction on line v of the SC1040. Use the TC-62, available at dor.sc.gov/forms, to determine if you are eligible for the credit and to calculate the credit and the deduction. For more information, refer to SC Revenue Ruling #20-2 available at dor.sc.gov/policy. SOUTH CAROLINA HOUSING TAX CREDIT – The South Carolina Housing Tax Credit is a nonrefundable tax credit available to eligible owners of residential low-income rental buildings who are certified by the South Carolina Housing and Finance Development Authority. Use the TC-63, available at dor.sc.gov/forms, to claim the credit. For more information, refer to dor.sc.gov/policy.
4 BEFORE YOU FILE Follow these guidelines to make sure your return is processed quickly and your refund is not delayed. Your return may be mailed back to you if you have not provided all the required information. • Make sure you have received ALL of your W-2s and other tax documents. • You need to have your correct Social Security Number (SSN). If you cannot get an SSN, you need to apply for an Individual Taxpayer Identification Number (ITIN) from the IRS. Contact the IRS at 1-800-829-1040 or register at irs.gov using the federal form W-7. • Double check all SSNs, your name, address, and all of your calculations. • Keep a copy of your complete return for your records. • Documents and schedules (if needed) should be placed in the following order: 1. W-2s 2. 1099s with South Carolina Withholding 3. SC1040 – all three pages 4. Schedule NR Nonresident Schedule 5. SC1040TC Tax Credits 6. I‐319 Tuition Tax Credit 7. I‐385 Motor Fuel Income Tax Credit 8. I‐330 Contributions for Check‐Offs 9. Any other South Carolina forms and schedules 10. Any federal forms and schedules FOLLOW THESE GUIDELINES TO AVOID COMMON ERRORS THAT CAN LEAD TO DELAYS. DO DON’T ✔File online. ✔Use direct deposit, giving you the fastest access to your refund. ✔Pay online using our free secure tax portal, MyDORWAY, at dor.sc.gov/pay. ✔Use the form for the correct tax year. ✔Include all Social Security Numbers and make sure they’re correct. ✔Mark your filing status. Generally it will match your federal return. ✔Send all three pages of the SC1040. ✔Attach your Schedule NR to your SC1040 and make sure you mark the SC Schedule NR box, if applicable. ✔Sign your return! If married and filing jointly, both taxpayers must sign. ✔Make sure your mailing address is complete and accurate. ✔Sign your check, make it payable to SCDOR, and make sure the wording matches the dollar amount. ✔Include SC Withholding on line 16 for W-2s and line 20 for 1099s. ✔If you claim a tax credit, attach an SC1040TC and all supplemental tax credit schedules to support the tax credits claimed on the SC1040TC. ✖Claim the Two Wage Earner Credit, unless your filing status is married filing jointly. ✖Claim state withholding paid to another state. ✖Send additional copies of your return. If you file online, you don’t need to submit a paper copy. ✖Use an SC1040X to change or correct your 2020 return. Instead file a SCH AMD and a new SC1040 with the Amended Return box checked.
5 TAX HELP SCDOR Taxpayer Service Centers are located across the state. Visit dor.sc.gov/contact/in-person for locations and hours. The SCDOR Taxpayer Advocate provides assistance for innocent spouse requests for SCDOR debts, certificates of tax compliance, and lottery compliance. If you have a general question or concern, you should first call 1-844-898-8542. If you receive a letter or notice, use the contact information provided on the notice. Taxpayer Advocate: 803-898-5444 Innocent Spouse: 803-898-5199 Compliance: 803-898-8381 Volunteer Income Tax Assistance (VITA) provides free tax assistance to lower income taxpayers, those with disabilities, the elderly, and limited-English speaking taxpayers who need assistance preparing their tax returns. Generally, those who receive these services cannot afford professional tax assistance. Volunteers are located throughout the state. Call 211 for more information. Copies of prior year returns can be provided upon request. To request a copy of a prior year return, complete a Request for Copy of Tax Return or Tax Account Information/Transcript (SC4506), available at dor.sc.gov/forms. You may choose to have copies of your prior year returns mailed or emailed to you. Allow 30 days to receive mailed copies. SSNs will be partially redacted from all copies. You can submit your completed and signed SC4506 by: • Email: RequestForCopies@dor.sc.gov • Fax: 803-737-2934 • Mail: SCDOR, Request for Copies, PO Box 125, Columbia, SC 29214-0890 CONTACT INFORMATION IIT Information IITax@dor.sc.gov 1-844-898-8542 Refund Status 1-844-898-8542 Copies of Returns RequestForCopies@dor.sc.gov Fax: 803-737-2934 Hearing Impaired 800-735-8583 Relay South Carolina Voice: 800-735-2905 TTY: 800-735-8583 Taxpayer Advocate 803-898-5444
INDIVIDUAL INCOME TAX FREQUENTLY ASKED QUESTIONS (Rev. 7/1/20) 3556 Do I need to file a South Carolina Income Tax return? Resident taxpayers under age 65: • Were you required to file a federal Income Tax return which included income taxable by South Carolina? (Residents of South Carolina are taxed on their entire income, regardless of where it was earned, unless specifically exempted by law.) • Did you have South Carolina Income Tax withheld from your wages? Resident taxpayers age 65 or older: • Married filing jointly (both 65 or older) - Is your gross income greater than the federal gross income filing requirement amount plus $30,000? Find the federal gross income filing requirement amount in the 1040 instructions at irs.gov. • Any other filing status - Is your gross income greater than the federal gross income filing requirement amount plus $15,000? Find the federal gross income filing requirement amount in the 1040 instructions at irs.gov. • Did you have South Carolina Income Tax withheld from your wages? Nonresidents: • Did you have South Carolina Income Tax withheld from your wages? • Do you have South Carolina gross income, including income from rental property, businesses, or other investments in South Carolina? If you answered YES to any of these questions, you must file a South Carolina Income Tax return. Am I a resident or a nonresident? You are a South Carolina resident, even if you live outside of South Carolina, if all of the following are true: 1. Your intention is to maintain South Carolina as your permanent home. 2. South Carolina is the center of your financial, social, and family life. 3. When you are away, you intend to return to South Carolina. You are a nonresident if your permanent home is outside South Carolina for the entire year and none of the above applies. What is my residency status if I moved into or out of South Carolina during the tax year? You are a part-year resident and may consider yourself a full-year resident or a nonresident. • If you file as a full-year resident, file the 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. Complete the SC1040TC and attach a copy of the other state's Income Tax return. • If you file as a nonresident, file the SC1040 with the Schedule NR. You will be taxed only on income earned while a resident in South Carolina and income from South Carolina sources. You will prorate your deductions. All personal service income earned in South Carolina must be reported. You may choose the filing method that is most beneficial to you. This option is only available for the tax year that you are a part-year resident. How should I file if I am a nonresident of South Carolina but work in this state? File the SC1040 with the Schedule NR. You will be taxed only on income earned in South Carolina and will prorate your deductions. All personal service income earned in South Carolina must be reported. How should I file if I am a full-year South Carolina resident but my spouse is not? 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. Your spouse must also file a separate South Carolina return if they have income taxable by South Carolina. What is my residency status if I am in the armed forces? • If you enter the armed forces when you are a South Carolina resident, you keep your South Carolina residency status, even if you are absent from the state on military orders. You are subject to the same residency requirements as any other South Carolina resident and are required to file a South Carolina Income Tax return. • If you are not a South Carolina resident but are stationed in this state by military orders, your military income is not subject to South Carolina tax. If you have other earned income subject to South Carolina tax, file the SC1040 with the Schedule NR. Your spouse may be exempt from South Carolina Income Tax on income from services performed in South Carolina under the Federal Military Spouses Residency Relief Act. See Schedule NR instructions at dor.sc.gov/forms. 6
Do I need to pay South Carolina Use Tax? You may need to pay South Carolina Use Tax if you purchase tangible personal property from out-of-state retailers for use, storage, or consumption in South Carolina. This includes purchases from online retailers, through out-of-state catalog companies, in home shopping networks, or when visiting another state. The Use Tax rate is the 6% state rate plus the applicable local Use Tax rate for the location where the tangible personal property will be used, stored, or consumed. Report and pay your Use Tax using the SC1040, the UT3, Use Tax Return, or using our secure online tax portal, MyDORWAY, at MyDORWAY.dor.sc.gov. If paying online through MyDORWAY, sign into your existing account or create an account to get started. Refer to the UT-3 instructions at dor.sc.gov/forms for additional information and Use Tax rates by county. You may be responsible for paying Use Tax even if you are not required to file the SC1040. What is the due date of my return? A return for calendar year 2020 is due by April 15, 2021. A return for a fiscal year tax period is due by the 15th day of the fourth month following the close of your tax year. On the front of the return, complete the dates covered by the fiscal year. If you file and pay electronically, you have until May 3, 2021 to submit your return and full payment without penalties or interest. If you don't file and pay by May 3, 2021, penalties and interest will be charged from the tax due date (April 15, 2021) until you file and pay. The May 3, 2021 due date does not apply to federal returns or returns submitted on paper, both of which are due by April 15, 2021. How do I get more time to file? If you need more time to file your South Carolina return: • Request your extension to file by paying your balance due on our free tax portal, MyDORWAY, at dor.sc.gov/pay. Select Individual Income Tax Payment to get started. Your payment on MyDORWAY automatically submits your filing extension request. No additional form or paperwork is required. You must pay at least 90% of your state tax due with the extension request by April 15, 2021. • If no Income Tax is due and you have been granted an extension of time to file your federal Income Tax return, we will accept a copy of the federal extension. You do not need to send us a copy of the federal form by the due date of the tax return. • If you do not have a federal extension, you must file the SC4868, Request for Extension of Time to File, by April 15, 2021. You do not have to file the SC4868 if you paid your balance due on MyDORWAY. • When you file your return, mark the Extension box on the front of the SC1040 to indicate you filed an extension. • Enter any payments made with your extension request on line 18 of the SC1040. Can I extend the time to pay my taxes? An extension allows additional time to file your South Carolina tax return, but not to pay any tax due. You will be charged interest, at the prevailing federal rates, on any unpaid tax. Interest is applied from the original due date of the tax return to the date of payment. In addition to the interest, you will be charged a penalty of 0.5% per month for failure to pay at least 90% of the total tax due by the original due date. The penalty will be imposed on the difference between the amount paid with the extension and the tax to be paid for the period. A Penalty and Interest Calculator is available on MyDORWAY, our secure online tax portal, at dor.sc.gov/calculator. What are the penalties for failing to file a return or filing a fraudulent return? Any person who deliberately fails to file a return, files a fraudulent return, or attempts to evade the tax in any manner may be liable for a penalty up to $10,000, imprisoned for up to five years, or both. When will I get my refund? You can check your current year refund status on our secure online tax portal, MyDORWAY, at dor.sc.gov/refund or by calling 1-844-898-8542. To avoid long waiting times, we recommend checking your status online before calling us. Our refund status application is updated nightly and has the same information as our representatives. Processing your return and refund is expected to take 6-8 weeks from the date you filed. How do I file a return for a deceased taxpayer? If a person received income during this tax year but died before filing a return, the South Carolina Income Tax return should be filed by their surviving spouse or by an executor or administrator. Use the same filing status that was used on their final federal Income Tax return. Mark the check if deceased box next to the decedent's Social Security Number. The due date for filing is the same as for federal purposes. In the signature area of the return, write Filing as surviving spouse, if applicable. A personal representative filing the return must sign in their official capacity and attach the SC1310, Statement of Person Claiming Refund Due a Deceased Taxpayer. Any refund will be issued to the decedent's surviving spouse or estate. 7
Do I need to round amounts on my return? Round cents to the nearest whole dollar on your return and schedules. For amounts less than 50 cents, round down to 0. For amounts of 50-99 cents, round up to the next dollar. For example: $2.15 becomes $2; $4.75 becomes $5; and $3.50 becomes $4. What tax records do I need to keep? Keep a copy of your return and any schedules, worksheets, or statements used to prepare your return. Keep records that support an item of income or a deduction appearing on a tax return until the limitations period for the return runs out. The limitations period is generally three years from the date the return was filed or due to be filed, whichever is later. Save any records concerning property, home, stocks, and business property you bought and may sell later. The records kept should show the purchase price, date, and related cost. For real property, records should show the cost and date of improvements. Your return may be audited by the IRS or the SCDOR. If audited, the law requires you to show proof of your income, expenses, and cost of assets. When should I file an amended return? File an amended return if you were audited by the IRS or if you amended your federal tax return, unless there was no impact on your state return. An amended return is also necessary if you omitted income, claimed deductions or credits you were not entitled to, failed to claim deductions or credits you were entitled to, or changed your filing status. You may apply for a refund on either an amended or delinquent return for any tax period which is open under the statute of limitations. A refund will not be issued for requests received beyond the limitations period. In general, a claim for refund must be filed within three years from the date the return was filed or originally due or two years from the date the tax was paid. If a claim is filed within three years from when the return was filed or originally due, the refund is limited to the tax paid within the past three years plus the period of any extension. Withholding, Estimated Taxes, and amounts paid with extensions are considered to have been paid on the date the return was originally due. If a claim is not filed within three years from the date when the return was filed or originally due, the refund is limited to tax paid during the past two years. How do I file an amended return? • Beginning with tax year 2019, file a new SC1040 and check the Amended Return box on the front. Complete the return as it should have been filed, including all schedules and attachments. Complete the SCH AMD, Amended Return Schedule, and submit it with your amended SC1040. • For tax years 2018 and before, use the SC1040X to amend your return. Do not use the SC1040 or the SCH AMD. Forms are available at dor.sc.gov/forms. What if I am audited by the IRS? If you receive a refund or owe additional federal tax, you must file an amended SC1040, along with a Schedule AMD, after the federal audit report becomes final. Check the Amended Return box on page 1 of the SC1040 to indicate that the return is amended. Why was my refund adjusted? The SCDOR assists other state agencies, institutions of higher learning, political subdivisions of the state, and the IRS in collecting overdue accounts. All or part of your refund can be sent directly to these claimant agencies if they notify us that you have a past-due account with them. This may include balances for hospital bills, EMS bills, student loans, and utility bills. The SCDOR charges a $25 administrative fee to complete a refund setoff. If any of your refund is sent to a claimant agency, the SCDOR will notify you in writing. If your refund exceeds the amount owed the claimant agency plus the administrative fee, the balance will be issued to you. If you believe you do not owe the debt, the amount sent was incorrect, or the debt has already been paid, you must contact the claimant agency, not the SCDOR. Our written notification to you will include contact information for the claimant agency. Do I need to file a Declaration of Estimated Tax? You must file a SC1040ES, Declaration of Estimated Tax, if you expect to owe an Income Tax liability of $100 or more with the filing of your SC1040. Use the Estimated Tax Worksheet, found in the instructions of the SC1040ES, to compute your Estimated Tax for tax year 2021: • If you are a resident of South Carolina, use your 2020 SC1040 as a basis for figuring your Estimated Tax. • If you are a nonresident of South Carolina, use your 2020 SC1040 and Schedule NR as a basis to calculate the modified South Carolina taxable income to enter on line 3 of the worksheet. Forms are available at dor.sc.gov/forms. 8
The following taxpayers do not have to file a Declaration of Estimated Tax: • Farmers and commercial fishermen whose gross income from farming or fishing for 2020 or 2021 is at least two- thirds (66.67%) of their total gross income from all sources. Instead of making four quarterly Estimated Tax payments, farmers and commercial fishermen may choose to pay all of their Estimated Tax by January 18, 2022 or file their 2021 SC1040 and pay the total tax due by March 1, 2022. • Individuals whose prior year tax liability was $0 for a full 12 months. • Nonresidents of South Carolina doing business in this state on a contract basis where the contract is more than $10,000 and tax is withheld at 2% from each contract payment. What are the penalties for failing to pay Estimated Tax? You may be charged a penalty if: • You do not pay enough Estimated Tax. • You do not make your payments by the due date and for the required amount. • You do not pay at least 90% of the total tax due. A penalty will not be charged if your underpayment results from personal service income earned in another state and tax was withheld by the other state. You can avoid a penalty if you make timely Estimated Tax payments equal to 100% of the tax shown due on your SC1040 for the prior tax year (the 100% rule). You must have filed an SC1040 for the prior tax year, and it must have covered a 12-month year. If the adjusted gross income on your prior year SC1040 was more than $150,000, the 100% rule is adjusted to 110% of last year's tax liability. Calculate adjusted gross income by using federal guidelines and making South Carolina adjustments. Refer to the SC2210, Underpayment of Estimated Tax by Individuals, Estates, and Trusts, at dor.sc.gov/forms for more information on computing the underpayment penalty. How do I file the Declaration of Estimated Tax? Save time and paper by filing online using our free, secure tax portal, MyDORWAY, at dor.sc.gov/pay. Select Individual Income Tax Payment to get started. Do not mail the SC1040ES if you pay online. If you pay by check, make your check payable to SCDOR. Include the SSN, tax year, and 2021 SC1040ES in the memo. Do not send cash. Mail your SC1040ES and payment to SCDOR, IIT Voucher, PO Box 100123, Columbia, SC 29202. Forms are available at dor.sc.gov/forms. How do I change my name or address? Complete the SC8822, Change of Address/Business Location, to notify us of your new name or address. Save time and paper by completing this form on MyDORWAY, our secure online tax portal. Visit MyDORWAY.dor.sc.gov and sign in to your existing account or create an account to get started. If you wish to notify us by paper, download the SC8822 from dor.sc.gov/forms. If I owe $15,000 or more in connection with any SCDOR return, do I have to file and pay electronically? Yes, according to the Electronic Mandate provided in SC Code Sections 12-54-250 and 12-54-210, you must file and pay electronically. What are my options for filing and paying electronically? You have two options for filing and paying electronically: 1. MyDORWAY: The SCDOR's free, secure tax portal for managing all of your South Carolina taxes is available at MyDORWAY.dor.sc.gov. Payments can be made with ACH debit or credit card. Tutorials for signing up and making payments are available at dor.sc.gov/MyDORWAY-tutorials. 2. Fed/State EFile: This option allows you to file both federal and state or just the state return electronically and pay with ACH debit using one of our approved vendors. Visit dor.sc.gov/iit-filing for more information. 9
Things to know before you begin: • For tax year 2020, unless you have a valid extension, the due date is April 15, 2021 and the deadline to claim a refund is April 15, 2024. • Complete your federal return before you begin your SC1040. You will need information from your federal return when preparing your South Carolina return. • South Carolina conforms with the Internal Revenue Code as amended through December 31, 2019, except as otherwise provided. If Internal Revenue Code sections adopted by South Carolina which expired on December 31, 2019 are extended, but otherwise not amended, by congressional enactment during 2020, these sections are also extended for South Carolina Income Tax purposes in the same manner that they are extended for federal Income Tax purposes. • The references to form numbers and line descriptions on federal Income Tax forms were correct at the time of printing. If they have changed and you are unable to determine the proper line to use, contact the SCDOR Individual Income Tax section at 1-844-898-8542 or by email at IITax@dor.sc.gov. • Use these instructions as a guide when preparing your SC1040. They are not intended to cover all provisions of the law. • If you used federal schedules C, D, E, or F when filing your federal return or filed a Schedule NR, SC1040TC, I-319, or I-335 with your South Carolina return, attach a copy of your federal return and schedules to your South Carolina return. • Beginning with tax year 2019, if you need to amend your return, file a new SC1040 and check the Amended Return box on the front. Complete the return as it should have been filed, including all schedules and attachments. Complete the SCH AMD, Amended Return Schedule, and submit it with your amended SC1040. • For tax years 2018 and before, use the SC1040X to amend your return. Find forms at dor.sc.gov/forms. Social Security Number, name, and address: • Enter your Social Security Number (SSN). Check the appropriate box if the taxpayer is deceased. • Enter your name, mailing address, and the county code of the county where you live. You can find a list of county codes on page 16. Check the box to let us know if this is a new address. To avoid delays, be sure your mailing address is complete and accurate on your return. • For a foreign address, check the appropriate box to let us know the address is outside the US. Print or type the complete foreign address, including postal code. • If you are married and filing a joint return, enter your spouse's name and SSN. Check the appropriate box if the taxpayer is deceased. • If you are married and filing separate returns, do not include your spouse's name or SSN in this section. Enter your spouse's SSN next to box 3 in the filing status section.
Individual Taxpayer Identification Number (ITIN) If you are a nonresident or resident alien and cannot get an SSN, contact the IRS to apply for an Individual Taxpayer Identification Number (ITIN) for the purpose of filing Income Tax returns. South Carolina will accept this number in place of a SSN to process your Individual Income Tax returns. For more information, contact the IRS at 1-800-829-1040 or visit irs.gov. We cannot accept your return for processing without complete SSNs or ITINs. Checkboxes: • If you are filing an amended SC1040 for 2020, check the Amended Return box. Complete the return as it should have been filed. Complete the SCH AMD, Amended Return Schedule, and submit it with your amended SC1040. Your amended return cannot be processed without the SCH AMD. • If you are a nonresident for the entire year or a part-year resident electing to file as a nonresident, check the appropriate box and attach your Schedule NR to the completed SC1040. Do not submit the Schedule NR separately. • If you are filing a composite return for a partnership or S Corporation, check the appropriate box. See the I-348, Composite Filing Instructions, available at dor.sc.gov/forms for more information on filing a composite return. Do not check the box if you are an individual. • If you filed a federal or state extension, check the appropriate box. • If you served in a Military Combat Zone during the filing period, check the appropriate box and enter the combat zone. Filing status Choose the same filing status that you used on your federal return. Check only one box. Dependent exemption • You can take a South Carolina dependent exemption for each eligible dependent, including both qualifying children and qualifying relatives. • Enter the total number of eligible dependents. The total number of dependents claimed on your South Carolina return must equal the number of dependents claimed on your federal return. • Attach the federal 8332, Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent if you are required to file this form with your federal return. • Claim your deduction for dependent exemptions on line w. SC1040 INSTRUCTIONS 2020 (Rev. 12/22/2020) Social Security Privacy Act Disclosure It is mandatory that you provide your Social Security Number on this tax form if you are an individual taxpayer. 42 U.S.C. 405(c)(2)(C)(i) permits a state to use an individual's Social Security Number as means of identification in administration of any tax. SC Regulation 117-201 mandates that any person required to make a return to the SCDOR must provide identifying numbers, as prescribed, for securing proper identification. Your Social Security Number is used for identification purposes. 10
Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return Worksheet for state tax addback 1. Itemized deductions from 2020 federal 1040, Schedule A line 17. 1. 2. Enter the federal standard deduction you would have been allowed if you had not itemized.Enter zero if filing status is Married Filing Separately (MFS). (See federal instructions.) 2. 3. Subtract line 2 from line 1. (Enter zero if line 2 is greater than line 1.) 3. 4. Enter the amount of state and local Income Tax or general Sales Tax from federal Schedule A. 4. 5. Subtract real estate taxes and personal property taxes reported on federal Schedule A from the federal limit of $10,000 ($5,000 if MFS). Enter the difference but not less than zero. 5. 6. Enter the lesser of line 3, line 4, or line 5. Enter this amount on SC1040 line a. 6. • If you are claiming a deduction for dependent children under six, enter the number of children under six. Claim your deduction for dependents under six on line t. • Enter the number of taxpayers who are age 65 or older. • Enter the first and last name, SSN, relationship, and date of birth of each dependent. Line instructions: Round all amounts to the nearest whole dollar. Line 1: Federal taxable income Enter your taxable income from your federal form. If your federal taxable income is zero or less, enter zero here and enter your negative amount on line r. STOP! Nonresident/Part-year filers must complete the Schedule NR and go to line 5. See the Schedule NR instructions, available at dor.sc.gov/forms. Additions to federal taxable income: Enter all numbers on line a through line e as positive numbers even if they are negative numbers on the federal return. Line a through line e are adjustments which must be added to your federal taxable income to determine your South Carolina taxable income. Line 2 is the total of these additions. Line a: State tax addback If you itemized your deductions on your federal Income Tax return and deducted state and local Income Tax or general Sales Tax, you may be required to add back all or part of this amount to your federal taxable income when computing your South Carolina taxable income. Federal law limits your total deduction for state and local Income, Sales, and Property Taxes to a combined, total deduction of $10,000 ($5,000 if Married Filing Separately). You can't deduct any state or local taxes paid above this amount. In determining the state tax addback for a taxpayer whose tax deduction is limited to $10,000, you may first apply real or personal Property Taxes reported on federal Schedule A, lines 5b and 5c before applying state and local Income Taxes or general Sales Taxes reported on federal Schedule A, line 5a. The state tax addback required for South Carolina is the lesser of your: a. itemized deductions in excess of the standard deduction that would have been allowed if you had used the standard deduction for federal Income Tax purposes; b. state and local Income Taxes or general Sales Taxes from your federal 1040, Schedule A, line 5a; or c. the $10,000 federal tax deduction limit less deductible Property Taxes. Use the worksheet below to compute the state tax addback on the SC 1040. Do not submit this worksheet with your return. Keep it with your tax records. Line b: Out-of-state losses If you reported losses from out-of-state rental property, a business located outside South Carolina, or losses from real property located in another state, enter the amount from your federal return on line b. Include any related expenses, such as investment interest. Enter the total of these losses and related expenses on this line. Personal service income (W-2 or business wages) is taxable to South Carolina no matter where it is earned. Line c: Expenses related to National Guard and Military Reserve income Enter the expenses from your service in the National Guard or Reserves that you deducted on your federal return. You will deduct your income from the National Guard or Reserves on line n of the SC1040. 11
Line d: Interest income Enter the amount of interest income that was exempt on the federal return and comes from obligations of states and political subdivisions other than South Carolina. For a mutual fund, add back the percentage of exempt interest income attributable to out-of- state, non-federal obligations. Line e: Other additions to income Attach an explanation of your entry for this line. Some examples of items to enter on this line are: • Taxpayers who claim bonus depreciation under federal law must add back the difference between the bonus depreciation taken and the depreciation which would have been allowed without bonus depreciation. • Taxpayers who claim a nonrefundable credit for contributions to Exceptional SC (TC-57) are not allowed a deduction for these contributions. Add back the amount of the contribution deducted on the federal return. • Taxpayers who claim a child care program credit for donations to a nonprofit corporation (TC-9) are not allowed a deduction for those donations. Add back the donation deducted on the federal return. • Taxpayers who claim credits such as the Community Development Credit (TC-14), the Industry Partnership Fund Credit (TC-36), and the Credit for Child Care Program (TC-9), may not claim a deduction for the same qualified contribution which results in the credit. Add back the amount deducted on the federal return. • Add back the federal net operating loss when it is larger than the South Carolina net operating loss being claimed. • Add back any expenses deducted on the federal return related to any income not taxed by South Carolina. Some examples are investment interest to out-of-state partnerships and interest paid to purchase US obligations. • Add back foreign area allowances, cost of living allowances, and income from US possessions. • For qualifying investments made after June 30, 1998, taxpayers must reduce the basis of the qualifying property to the extent the Capital Investment Tax Credit is claimed. Add back any resulting reduction in depreciation. • Add back the qualified business income deduction under IRC Section 199A. • Add back any charitable contribution of land deducted under IRC Section 170 unless it meets the donative intent requirements of SC Code Section 12-6-5590. • Include any withdrawals during the tax year from a Catastrophe Savings Account that were: 1. necessary because contributions were more than the allowable limits; or 2. more than the amount needed to cover qualified catastrophe expenses. Do not include any withdrawals made by the surviving spouse of the account owner. Qualified catastrophe expenses are expenses paid or incurred because of a major disaster as declared by the Governor. • A business must add back any amount paid for services performed by an unauthorized alien if the amount is $600 or more a year. • South Carolina does not adopt the Individual Income Tax provisions of Section 204(a) of the Taxpayer Certainty and Disaster Tax Relief Act of 2019. Individuals will need to add back any increased contributions allowed under this section. Depending on how a particular item was reported or deducted, the following items may be an addition or a subtraction: • A change in the accounting method to conform in the same manner and the same amount to the federal. At the end of the federal adjustment, any balance will continue until fully adjusted. • Adjust the installment method of reporting if: o the entire sale has been reported for state purposes, or o the entire sale was reported for federal purposes and you wish to continue on an installment basis for state purposes • Adjust the federal gain or loss to reflect any difference in the South Carolina basis and federal basis. Line 2: Total additions Add line a through line e. Subtractions from federal taxable income: Enter all numbers on line f through line w as positive numbers even if they are negative numbers on the federal return. Line f through line w are adjustments which are subtracted from your federal taxable income to determine your South Carolina taxable income. Line f: State tax refund If you included your state tax refund on your federal 1040, enter that amount on this line. Line g: Total and permanent disability retirement income If disability retirement income was taxed on your federal Income Tax return and you are totally and permanently disabled, you may be able to deduct this income from your South Carolina taxable income. You must be totally and permanently disabled, unable to be substantially gainfully employed, receiving income from a disability retirement plan, and eligible for the homestead exemption under SC Code Section 12-37-250. Attach a copy of the physician's statement establishing that you are permanently and totally disabled. The deduction is limited to payments received from retirement plans. Third-party sick pay reported on a W-2 does not qualify for the total and permanent disability retirement deduction. A surviving spouse may take a disability retirement deduction for amounts received in the year the disabled spouse died. In following years, a surviving spouse is only eligible for the retirement deduction on line p and not the disability deduction. Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return 12
Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return Line j: Volunteer deduction Qualifying volunteer firefighters, rescue squad workers, volunteer hazardous material (HAZMAT) team members, reserve police officers, Department of Natural Resource (DNR) deputy enforcement officers, members of the State Guard, and state constables are allowed to deduct $3,000. • Volunteer firefighters, rescue squad workers and HAZMAT members qualify only if their employer provides them with a form stating they have earned the minimum number of points established by the State Fire Marshal during the year. • Reserve police officers, DNR deputy enforcement officers, and State Guard members qualify only if the appropriate authority provides them with an I-332 form certifying their eligibility. • Volunteer state constables qualify if they complete at least 240 logged service time hours per year. They must be designated as a state constable by the State Law Enforcement Division (SLED) prior to the tax year the deduction is first claimed. SLED must provide the volunteer state constable with documentation supporting they have completed the required annual training required for the recently completed fiscal year. An individual is limited to one deduction of $3,000. If a taxpayer and spouse both qualify, enter $6,000. Enter the type and amount of deduction. Line k: Contributions to the SC College Investment Program (Future Scholar) or to the SC Tuition Prepayment Program. You may deduct 100% of any contributions to the SC College Investment Program made between January 1, 2020 and April 15, 2021. You may deduct 100% of any contribution to the SC Tuition Prepayment Program made between January 1, 2020 and December 31, 2020. Line l: Active trade or business income deduction Enter the amount from I-335, line 5, available at dor.sc.gov/forms. Line m: Interest from US obligations Enter the interest income from US obligations that you reported as income on your federal Income Tax return. US obligations include savings bonds, treasury notes, and treasury bills. For more information, see South Carolina Revenue Ruling #16-2, available at dor. sc.gov/policy. Interest income from the following obligations are taxable for state purposes: • Federal Home Loan Mortgage Corporation (Freddie Mac) • Federal National Mortgage Association (Fannie Mae) • Government National Mortgage Association (Ginnie Mae) Line n: Certain nontaxable National Guard or Reserve pay Income received from National Guard or Reserve members for customary annual training, weekend drills, and other inactive duty training is generally exempt from South Carolina Income Tax. • Members of the National Guard or Reserves may deduct all inactive duty pay from the United States or any state for weekend drills and other inactive duty training they attended. • Members of the National Guard and active duty Reserve members may also deduct up to 15 days of customary annual training pay, referred to as active duty training or ADT. • Inactive duty Reserve members may also deduct up to 14 days of customary annual training pay, referred to as active duty training or ADT, plus up to two days of travel time listed on official orders. • Full-time Active Guard and Reserve (AGR) employees may deduct up to 15 days of annual training they attended and up to 24 days of weekend drills (a maximum of 39 days) at the daily rate of pay. SC Net LT Capital Gain - SC Net ST Capital Loss SC Net Capital Gain x Gain Deduction Amount to be deducted $ 7,000 - 5,000 $ 2,000 x 44% $ 880 (10,000 - 3,000)
Line h: Out-of-state income/gain Enter: • income from out-of-state rental property • income from a business located outside South Carolina, or • gain from real property located in another state. Enter the amount as reported on your federal return. Check the appropriate box to indicate the type of income or gain. Personal service income (W-2 or business wages) is taxable to South Carolina no matter where it is earned. Line i: Net capital gain deduction Net capital gains included in taxable income are reduced by 44% for South Carolina Income Tax purposes. Net capital gain means the excess of the net long-term capital gain for the tax year over the net short-term capital loss for the tax year. The South Carolina holding period for long-term capital gains is the same as the federal holding period. Income received from installment sales and capital gain distribution qualifies for this deduction if the more than one year holding period has been met. Multiply the net capital gain by 44% and enter the result. Example: A taxpayer reports a long-term (LT) gain on stock (held more than one year) of $10,000 and a long-term loss on stock held since 1985 of $3,000. Also reported is a short-term (ST) loss on stock held for six months of $5,000. 13
Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return For more information, see South Carolina Revenue Ruling #09-16, available at dor.sc.gov/policy. Do not enter amounts for Military Reserve and National Guard pay included in retirement income. See the instructions for Line v: Other subtractions for information about deducting Military Reserve and National Guard retirement income. Line o: Social Security and/or railroad retirement if taxed on your federal return Enter the amount of Social Security from Title 2 of the Social Security Act or railroad retirement that was taxed on your federal return. Line p-1 through line p-3: Retirement deduction The deduction is allowed for an individual taxpayer who is the original owner of a qualified retirement account. An individual who is under age 65 may claim a retirement deduction up to $3,000 on qualified retirement income from their own plan. An individual who is age 65 or older during the tax year may claim a retirement deduction up to $10,000 on qualified retirement income from their own plan. Line p-1: Include only qualified withdrawals from the taxpayer’s own qualified retirement plan. Line p-2: Include only qualified withdrawals from the spouse’s own qualified retirement plan. Line p-3: A surviving spouse receiving qualified retirement income on behalf of a deceased spouse may deduct up to $3,000 or $10,000 of the qualified retirement income, based on the age of the deceased spouse had they lived. The surviving spouse must receive the decedent's qualified retirement income as a surviving spouse. The surviving spouse retirement deduction is in addition to the individual retirement deduction claimed from the taxpayer's own retirement plan. If you are claiming the surviving spouse retirement deduction for more than one deceased spouse, calculate the deduction separately for each deceased spouse. Add the surviving spouse retirement deductions and enter the total on line p-3. Attach a statement showing the Date of Birth for each deceased spouse and the separate calculation for each deduction. Qualified retirement income is income from plans defined in IRC 401, 403, 408, and 457, and all public employee retirement plans of the federal, state, and local governments, including individual retirement plans, Keogh plans, and military retirement. Disability retirement income due to permanent and total disability, Social Security income, and railroad retirement income do not qualify because these items are not taxed by South Carolina. See line g and line o. Any portion of qualified retirement income received this tax year that resulted in a federal premature withdrawal penalty does not qualify for a retirement deduction. Reduce the retirement deduction by any military retirement deduction taken. Worksheet for taxpayer (line p-1) 1. Maximum deduction allowed for taxpayer based on age ($3,000 or $10,000) 1. 2. Taxpayer's military retirement deduction (line p-4) 2. 3. Taxpayer's retirement deduction available (subtract line 2 from line 1; if less than 0, enter 0) 3. 4. Taxpayer's individual qualified retirement income included in federal form (taxable IRA distributions, pensions, and annuities) 4. 5. Retirement deduction (lesser of line 3 or line 4) Enter on line p-1. 5. Worksheet for spouse (line p-2) 1. Maximum deduction allowed for spouse based on age ($3,000 or $10,000) 1. 2. Spouse's military retirement deduction (line p-5) 2. 3. Spouse's retirement deduction available (subtract line 2 from line 1; if less than 0, enter 0) 3. 4. Spouse's individual qualified retirement income included in federal form (taxable IRA distributions, pensions, and annuities) 4. 5. Retirement deduction (lesser of line 3 or line 4) Enter on line p-2. 5. 14
Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return Line p-4 through line p-6: Military retirement deduction An individual with military retirement income included in their South Carolina taxable income may take a deduction up to the amount of military retirement income. Taxpayers filing a joint return must calculate the deduction separately for each spouse based on each individual's age, retirement income, and earned income. Reduce the retirement deduction (line p-1 through line p-3) and the age 65 and older deduction (line q-1 and q-2) by the amount of the military retirement deduction taken. Retirement income means taxable income received by the taxpayer or the taxpayer's surviving spouse from a qualified military retirement plan. Income that is subject to a penalty for premature distribution does not qualify as retirement income. For a surviving spouse, retirement income includes a retirement benefit plan and dependent indemnity compensation received due to the deceased spouse's military service. Retirement benefits received for service in the National Guard or Reserves, due to inactive time, are subtracted on line v and are not included in taxable income. Do not include these amounts in the deduction on line p. Line p-4: Include military retirement income related to the taxpayer's military service. Line p-5: Include military retirement income related to the spouse's military service. Line p-6: Include military retirement income received on behalf of a deceased spouse's military service. Apply the deduction in the same manner that it was applied to the deceased spouse. The surviving spouse military retirement deduction is in addition to any retirement deductions claimed on the taxpayer's own retirement income. If you are claiming the surviving spouse military retirement deduction for more than one deceased spouse, calculate the deduction separately for each deceased spouse. Add the surviving spouse military retirement deductions and enter the total on line p-6. Attach a statement showing the Date of Birth for each deceased spouse and the separate calculation for each deduction. Military retirement deduction: Under age 65 For 2020, the military retirement deduction is limited to $17,500 for taxpayers under the age of 65. Taxpayers must have other earned income in addition to the military retirement. South Carolina earned income is income you receive from services you provide. Worksheet for surviving spouse (line p-3) Calculate separately for each deceased spouse. 1. Maximum deduction allowed for surviving spouse based on age of deceased spouse had they lived ($3,000 or $10,000 for each deceased spouse) 1. 2. Surviving spouse's military retirement deduction (line p-6) 2. 3. Surviving spouse's retirement deduction available (subtract line 2 from line 1; if less than 0, enter 0) 3. 4. Qualified retirement income received as surviving spouse included in federal form (taxable IRA distributions, pensions, and annuities) 4. 5. Retirement deduction (lesser of line 3 or line 4) Enter on line p-3. 5. wages salaries tips commissions sub-pay self-employment income business income or loss partnership income or loss farm income or loss Earned income includes Earned income does not include gambling winnings bingo winnings interest dividends Social Security benefits IRA distributions retirement plan or annuity benefits unemployment compensation deferred compensation any amount your spouse paid you Taxpayers under the age of 65 with military retirement income but no earned income are only eligible for the retirement deduction on line p-1 or p-2. Example 1: A taxpayer under the age of 65 has military retirement income of $5,000 and earned income of $4,000. The taxpayer's military retirement deduction is $4,000. 15
Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return Example 2: A taxpayer under the age of 65 has military retirement income of $4,000 and earned income of $0. The taxpayer does not qualify for the military retirement deduction since they have no earned income. The taxpayer would quality for the $3,000 retirement deduction on line p-1. Example 3: A taxpayer under the age of 65 has military retirement income of $11,000, retirement income from other sources of $12,000, and earned income of $13,000. The taxpayer's military retirement deduction is $11,000. Individual taxpayers are allowed one retirement deduction for all retirement income whether military or other retirement. Surviving spouse benefits are calculated separately. Military retirement deduction: Age 65 and older For 2020, the deduction is limited to $30,000 for individual taxpayers age 65 and older. There is no requirement for other earned income. See examples in the instructions for line q (age 65 and older deduction). Line q: Age 65 and older deduction Beginning in the tax year a resident taxpayer reaches age 65, they are entitled to a deduction of $15,000 against any South Carolina income. Line q-1 applies to the taxpayer whose name appears first on the return. Line q-2 applies to the spouse whose name appears second on the return. Reduce the age 65 and older deduction claimed on line q-1 and line q-2 by: • any individual retirement deduction claimed on line p-1 and line p-2, and • any military retirement deduction claimed on line p-4 and line p-5. Claiming a surviving spouse retirement deduction on line p-3 or p-6 does not reduce the age 65 and older deduction for a taxpayer on line q-1 or q-2. Worksheet for taxpayer (line q-1) 1. Age 65 and older deduction amount 1. $15,000 2. Retirement income deduction (line p-1) 2. 3. Military retirement income deduction (line p-4) 3. 4. Deduction available (subtract line 2 and line 3 from line 1; if less than 0, enter 0) Enter on line q-1. 4. Worksheet for spouse (line q-2) 1. Age 65 and older deduction amount 1. $15,000 2. Retirement income deduction (line p-2) 2. 3. Military retirement income deduction (line p-5) 3. 4. Deduction available (subtract line 2 and line 3 from line 1; if less than 0, enter 0) Enter on line q-2. 4. Assume for all examples that taxpayers have income to qualify for the age 65 and older deduction in addition to the retirement deductions. Example 1: A taxpayer age 65 and older has no military or other sourced retirement income on line p-1 or line p-4. The taxpayer is eligible for a deduction of $15,000 on line q-1. Example 2: A taxpayer age 65 and older has no military retirement income but other sourced retirement of $14,000. The taxpayer is allowed a deduction of $10,000 on line p-1 and a deduction of $5,000 on line q-1. 16
Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return Worksheet for dependent under age 6 1. South Carolina dependent exemption amount 1. $4,260 2. Number of dependents claimed on your federal return who had not reached age six during the tax year 2. 3. Allowable deduction (multiply line 1 by line 2) Enter on line t. 3. Example 3: A taxpayer age 65 and older has military retirement income of $13,000 and is allowed a deduction on line p-4 of $13,000. The taxpayer is allowed a deduction of $2,000 on line q-1. The maximum allowed deduction for 2020 is $15,000. Example 4: A taxpayer age 65 and older has military retirement income of $32,000. The taxpayer is eligible for a military retirement deduction of $30,000 on p-4. The taxpayer is not allowed an additional amount on line q-1. The maximum retirement deduction for military retirement for taxpayers age 65 or older is $30,000 for 2020. See instructions for military retirement. Example 5: A taxpayer age 65 and older has military retirement income of $16,000, and other sourced retirement income of $8,000. The taxpayer is allowed a deduction on line p-4 of $16,000. The taxpayer is not allowed an additional amount on line q-1. Line r: Negative amount of federal taxable income Because the South Carolina return begins with your federal taxable income, it is important that you get the benefit of the negative amount from the taxable income line of the federal return. On the SC1040, start with zero on line 1. Do not enter a negative amount. On line r of the SC1040, enter the negative amount from the taxable income line of the federal return. Enter as a positive number. Line s: Subsistence allowance Police and all commissioned law enforcement officers paid by South Carolina municipal, county, state governments or the federal government, full-time firefighters, and full-time emergency medical service personnel are entitled to subsistence allowances of $8 per regular workday. Your employer should provide you with the number of work days. Line t: Dependents under six years of age A deduction is allowed for each dependent claimed on your federal Income Tax return who had not reached the age of six by December 31 of the tax year. Birth dates and SSNs are required. See worksheet below. Line u: Consumer protection services An individual may deduct the costs of a monthly or annual contract or subscription for identity theft protection and resolution services. The deduction is only for individuals who filed a return with the SCDOR for a tax year between 1998 and 2012 or whose personal identifiable information was included on another's return. The deduction may not be claimed for an individual who deducted the same actual costs as a business expense. The deduction is limited to: • $300 for an individual taxpayer • $1,000 for a married filing joint return • $1,000 for a return claiming dependents Identity theft protection includes products and services designed to prevent an incident of identify fraud or identity theft. It protects the disclosure of a person's personal identifying information (for example your SSN) by preventing a third party from gaining unauthorized acquisition of another's personal identifying information to obtain financial resources or other products, benefits, or services. Identity theft resolution services include products and services designed to assist persons whose personal identifying information was obtained by a third party. This minimizes the effects of the identity fraud or identity theft incident and restores the person's identity to pre-theft status. Line v: Other subtractions from income Attach an explanation of your entry on this line. Some examples of items which may be subtracted on this line are: • You may deduct 100% of any contributions made to a Palmetto ABLE Account Expense Fund, subject to program limitations, between January 1, 2020 and December 31, 2020. For more information, visit treasurer.sc.gov. • South Carolina does not recognize bonus depreciation in IRC Section 168(k). With or without bonus depreciation, the depreciable life of the property is the same for federal and state purposes. For the tax year the property is placed in service, a taxpayer must add back, on line e of the SC1040, the difference between the depreciation deduction allowed for federal purposes and the deduction that would have been allowed without bonus depreciation. The South Carolina adjusted basis will then be greater than the federal adjusted basis. For all other years of the depreciable life of the property, an additional depreciation deduction is available for South Carolina purposes. 17
Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return Worksheet for military retirement exclusion + Inactive Reserve time Inactive National Guard time = % exclusion Total Military time (active and inactive) Determine the excludable amount of your military retirement income by multiplying it by the percentage of exclusion as follows: % exclusion X total taxable military retirement income shown on federal return = excludable military retirement income to be entered on line v • South Carolina net operating loss that is larger than the federal amount is a subtraction. The same loss can only be deducted once. Attach your own worksheet or keep with your tax records. No carryback losses are allowed. • Legislators within a 50-mile radius of the State House are allowed to subtract travel expenses. • Retirement income paid by the US government for service in the Reserves or National Guard is not taxed for South Carolina purposes. You may deduct the entire amount of any stipend paid by the state of South Carolina for National Guard service. Determine the percentage of your military retirement income which is excludable by dividing the length of time you served in the Reserves and/or National Guard (not full-time) by the length of time of your total military service as follows: Ɣ If you have adopted a special needs child, you may subtract $2,000 per year per child as long as the adopted child qualifies as a dependent on your federal return. A special needs child is: 1. a person under the age of 18 at the time of adoption 2. a dependent of a public or private non-profit adoption agency 3. legally free for adoption 4. determined by the agency to have specific conditions Attach a copy of the letter you received at the time of adoption from the SC Department of Social Services which certified the person as a special needs child. Ɣ Subtract amounts contributed to a Catastrophe Savings Account and interest income earned by the account. If your legal residence is insured against hurricane, rising floodwaters, or other catastrophic windstorm event damage, you are allowed to contribute: o $2,000 if the qualified deductible is $1,000 or less o twice the qualified deductible if it is between $1,000 and $7,500 o $15,000 if the qualified deductible is more than $7,500 If your legal residence is not insured against hurricane, rising floodwaters, or other catastrophic wind event damage, the limit is $250,000 or the value of your legal residence, whichever is less. • If you are eligible for the Preceptor Credit on the TC-62 and you served additional rotations that exceeded the credit limit for the tax year, you may be eligible for a deduction equal to the amount that the credit would have been for the additional rotations. Refer to the TC-62, available at dor.sc.gov/forms for information on calculating the deduction. For additional information, see SC Revenue Ruling #20-2, available at dor.sc.gov/policy. Depending upon how a particular item was reported or deducted, the following items may be an addition or subtraction. Ɣ A change in accounting method to conform in the same manner and same amount as federal. At the end of the federal adjustment, any balance will continue until fully adjusted. Ɣ Adjust the installment method of reporting if : o the entire sale was reported for state purposes, or o the entire sale was reported for federal purposes and you wish to continue on an installment basis for state purposes Ɣ Adjust the federal gain or loss to reflect any difference in the South Carolina basis and federal basis. Line w: South Carolina dependent exemption A South Carolina dependent exemption is allowed for each eligible dependent, including both qualifying children and qualifying relatives. Eligible dependents are dependents claimed on your federal Income Tax return. See worksheet below. Worksheet for South Carolina dependent exemption 1. South Carolina dependent exemption amount 1. $4,260 2. Number of dependents claimed on your federal return 2. 3. Allowable deduction (multiply line 1 by line 2) Enter on line w. 3. 18
Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return Line 4: Total subtractions Add line f through line w and enter the total. South Carolina tax: Line 6: Tax on South Carolina taxable income If your income subject to tax on line 5 is less than $100,000, use the SC1040 tax tables (SC1040TT) to determine your South Carolina tax. Enter the tax on line 6. If your income subject to tax on line 5 is $100,000 or more, use the tax rate schedule provided in the SC1040TT to compute your tax. Enter the tax on line 6. Find the SC1040TT at dor.sc.gov/forms. Line 7: Tax on lump-sum distribution South Carolina follows the federal provisions regarding lump-sum distributions. If you used the federal 4972 for a lump-sum distribution, you must use the SC4972 to compute the South Carolina tax. Find the SC4972 at dor.sc.gov/forms. This separate tax on lump-sum distributions is in addition to the tax computed on line 6. Do not enter the federal 10% premature early withdrawal penalty on line 7. Line 8: Tax on active trade or business income Enter the amount from the I-335, line 7. Line 9: Tax on excess withdrawals from catastrophe savings accounts Withdrawals from a Catastrophe Savings Account are taxed an additional 2.5% unless: • the taxpayer no longer owns a qualifying legal residence in South Carolina, • the amount contributed was within the allowable limits, and the withdrawal occurred after the taxpayer reached age 70, or • the withdrawal followed the death of the individual who set up the account or the surviving spouse. Credits: Line 11: Child and Dependent Care Credit For a full-year resident, the credit is calculated at 7% of the federal child and dependent care expense. If you are a part-year resident or nonresident, you are not eligible for this credit if you are a resident of a state that does not offer a credit for child and dependent care expense to nonresidents of that state. If you are an eligible part-year resident or nonresident, calculate the credit at 7% of the prorated federal expenses using your proration percentage from the Schedule NR. The maximum credit allowed is $210 for one child or $420 for two or more children. You cannot claim this credit if your filing status is Married Filing Separately. Example A: Full-year resident Federal child care expense from the federal 2441 is $2,000 $2,000 x .07 = $140 (allowable credit) Example B: Part-year resident or nonresident Federal child care expense from the federal 2441 is $2,000 and the proration percent from line 45 of Schedule NR is 30% $2,000 x .30 = $600 x .07 = $42 (allowable credit) Line 12: Two Wage Earner Credit This credit is available to a married couple filing jointly when both spouses have earned income taxed to South Carolina. This credit is not allowed on returns with a filing status of Single, Married Filing Separately, or Head of Household. The multiplier used in computing the Two Wage Earner Credit increases by $3,333 each year beginning in 2018, until fully phased-in for tax year 2023. For 2020, the credit is computed at .007 of the lesser of $40,000 or the South Carolina qualified earned income of the spouse with the lower South Carolina qualified earned income for the taxable year. Use your South Carolina qualified earned income to calculate the credit. Compute your South Carolina qualified earned income by subtracting certain adjustments reported on your federal 1040 from your South Carolina earned income. Adjustments to subtract are: • deductible part of self-employment tax • self-employment SEP, simple and qualified plans • self-employment health insurance deduction • IRA deduction • repayment of sub-pay South Carolina earned income is generally income you receive from services you provide. Compute the earned income for you and your spouse separately. 19
Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return Worksheet for Two Wage Earner Credit 1. Wages, salaries, and tips taxed to South Carolina (Do not include pensions or annuities.) (a) You (b) Your spouse 2. Net profit or loss from self-employment (from Schedule C) and any other earned income taxed to South Carolina. 3. Add line 1 and line 2. (This is your total earned income taxed to South Carolina.) 4. Add the adjustment amounts from your federal 1040. (See adjustments above.) If filing Schedule NR, enter amounts from Column B, lines 21, 22, 23, 26, and any repayment of supplemental unemployment benefits (sub-pay) allocable to South Carolina income. 5. Subtract line 4 from line 3. (This is your qualified earned income taxed to South Carolina.) If the amount in column (a) or column (b) is zero or less, you may not take this credit. 6. Enter the lesser of 5(a) or 5(b). Cannot be greater than $40,000. 7. Allowable credit (multiply the line 6 by .007). Enter on line 12. Cannot be greater than $280. Line 13: Other nonrefundable credits Refer to the instructions for the SC1040TC for descriptions of the nonrefundable tax credits along with the required tax credit schedule for each credit. Most tax credits are computed on separate tax credit schedules. Attach tax credit schedules for all tax credits you claim, along with the SC1040TC Worksheet and the SC1040TC, to your Income Tax return. We may disallow your tax credits if you do not attach necessary schedules to your return. Tax payments and refundable credits: Line 16: South Carolina Income Tax withheld from wages Enter the total South Carolina tax withheld: • from your wages and reported on your W-2s as state Income Tax, and • by a fiduciary on your behalf and reported on your SC41s. Do not include: • withholding paid to another state • federal withholding paid to the IRS • withholding from a federal 1099 • amounts reported on a South Carolina substitute 1099G/INT Attach readable copies of your W-2s to the front of your return. Your employer is responsible for providing you with a W-2. If you do not have a W-2, complete the SC4852 and provide proof of tax withheld. The SC4852 is available at dor.sc.gov/forms. Line 17: 2020 Estimated Tax payments Enter the total Estimated Tax payments you made, including any amount transferred from your 2019 tax return. Example: A taxpayer earned a salary taxed to South Carolina of $40,000. The taxpayer's qualified earned income is $40,000. Their spouse earned wages of $17,000 taxed to South Carolina and had an IRA deduction of $1,000. The spouse's qualified earned income is $16,000 ($17,000 - $1,000). The credit is based on the spouse's qualified earned income, because it is the lesser of the two. The credit is $112 ($16,000 x .007). wages salaries tips commissions sub-pay self-employment income business income or loss partnership income or loss farm income or loss Earned income includes Earned income does not include gambling winnings bingo winnings interest dividends Social Security benefits IRA distributions retirement plan or annuity benefits unemployment compensation deferred compensation any amount your spouse paid you 20
Line 18: Amount paid with extension Enter the amount you paid with your extension request. Check the box on the front of the return to indicate you requested an extension of time to file your return. Line 19: Nonresident sale of real estate A nonresident of South Carolina who sells real property located in this state is subject to withholding of South Carolina Income Tax. The sale is reported to South Carolina on an Individual Income Tax return. The state Income Tax withheld at the time of the sale is reported to you on an I-290 provided by the closing attorney. Enter the withholding from the I-290 and attach the form to your return. Line 20: Other SC withholding Enter the total South Carolina tax withheld from federal 1099s. Attach copies of all 1099s to the front of your return. Do not include: • withholding from a W-2 • amounts reported on a South Carolina substitute 1099G/INT • federal withholding paid to the IRS Line 21: Tuition tax credit Refer to the I-319, available at dor.sc.gov/forms to see if you qualify to claim this credit. If you qualify, complete all information on the I-319 and attach it to your return. If you have more than one qualifying student, complete a separate I-319 for each student. Attach a copy of your federal return. Line 22: Other refundable credits Refer to the I-333, I-334, I-360, I-361, and I-385, available at dor.sc.gov/forms, to see if you qualify to claim the credit. Attach the appropriate credit form to the SC1040. • Enter the amount from I-333 refundable credit for Anhydrous Ammonia Additive on line 22a. • Enter the amount from I-334 refundable credit for Production and Sale of Milk on line 22b. • Enter the amount from I-360 refundable credit for Classroom Teacher Expenses on line 22c. • Enter the amount from I-361 Parental Refundable credit on line 22d. • Enter the amount from I-385 refundable Motor Fuel Income Tax Credit on line 22e. • Enter the total other refundable credits on line 22. Line 23: Total payments Add line 16 through line 22 and enter the total. Amended return: Enter the amount from SCH AMD, line 7. If a negative, enter in [brackets]. Line 24: Overpayment If line 23 is larger than line 15, subtract line 15 from line 23 and enter the overpayment. Amended return: Enter the amount from line 24 on line 30. (Do not enter amounts on line 26 through line 29). Example 1 (amended return) Line 15 = 200 Line 23 = 250 (calculated on SCH AMD) Line 24 = 50 (250 - 200) Enter the $50 refund amount on line 30. Line 25: Amount due If line 15 is larger than line 23, subtract line 23 from line 15 and enter the amount due. Amended return: Enter the amount from line 25 on line 31. (Do not enter amounts on line 26 through line 29.) Example 1 (amended return): Line 15 = 200 Line 23 = <125> (negative number, calculated on SCH AMD) Line 25 = 325 (200 - <125>) Enter the $325 tax due amount on line 31. Example 2 (amended return): Line 15 = 200 Line 23 = 125 (positive number, calculated on SCH AMD) Line 25 = 75 (200 - 125) Enter the $75 tax due amount on line 31. Line 26: South Carolina Use Tax Use Tax is due on purchases outside of South Carolina for use, storage, or consumption in South Carolina. Use Tax is paid to the SCDOR when the state Sales and Use Tax has not been collected by the seller. Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return 21
Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return You may need to pay Use Tax if you make purchases: • from retailers online • from out-of-state catalog companies • from home shopping networks • when visiting another state The tax rate for the Use Tax is the same as the Sales Tax. The rate is determined by where the tangible personal property will be used, stored, or consumed, regardless of where the sale takes place. For more information and updated tax rates, visit dor.sc.gov/tax/use. You have three options for reporting and paying Use Tax: 1. On line 26 of your Individual Income Tax Return. Calculate your Use Tax using the SC Use Tax Worksheet below. No additional form or paperwork is required. 2. Online using our free, secure tax portal, MyDORWAY, at MyDORWAY.dor.sc.gov. Sign in to your existing account or create a new account to get started. No additional form or paperwork is required. 3. Mail the UT-3 to: SCDOR, Sales Taxable, PO Box 100193, Columbia, SC 29202. Make the check payable to SCDOR If you have paid your Use Tax during the year or have no Use Tax due, check the box on line 26. Use Tax rates: The state Sales and Use Tax rate is 6% plus the applicable local Use Tax rate of the county in which you are located or other applicable rate wherever tangible personal property was delivered. Sales of unprepared foods are exempt from state Sales and Use Tax. Local taxes still apply to sales of unprepared food unless the local tax law exempts such sales. The following are the rates for each county as of May 1, 2020: • 6% - Georgetown, Greenville, Oconee • 7% - Abbeville, Anderson, Beaufort, Dorchester, Edgefield, Fairfield, Greenwood, Laurens, Lexington, Newberry, Orangeburg, Pickens, Spartanburg, Union, York • 8% - Aiken, Allendale, Bamberg, Barnwell, Berkeley, Calhoun, Cherokee, Chester, Chesterfield, Clarendon, Colleton, Darlington, Dillon, Florence, Hampton, Horry, Kershaw, Lancaster, Lee, Marion, Marlboro, McCormick, Richland, Saluda, Sumter, Williamsburg • 9% - Charleston, Horry-City of Myrtle Beach, Jasper Worksheet for South Carolina Use Tax Column A Date of purchase Column B Name of store, company, or vendor Column C Total price of purchases (includes shipping and handling, warranty costs, and Sales or Use Tax due and paid on the purchase) Column D Sales or Use Tax due and paid to another state or jurisdiction Column E Amount taxable (subtract Column D from Column C) $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ line 1 Total $ $ $ line 2 Enter your county's state and local Sales and Use Tax rate. % line 3 Multiply line 1, Column E by the rate on line 2, Column E. $ line 4 Enter the total from line 1, Column D. $ line 5 South Carolina Use Tax (subtract line 4 from line 3). Round to the nearest dollar. Enter on line 26 of the SC1040. $ Use this information to calculate line 2 of the worksheet. Line 27: Estimated Tax Enter the amount of your overpayment that you would like to apply to next year's tax. Line 28: Contributions for check offs Refer to the I-330, available at dor.sc.gov/forms, for information about the various funds to which you may contribute. Enter the total from the I-330. Attach the I-330 to your return. Your contribution cannot be made if you do not attach the I-330. 22
Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return Refund or amount you owe: Line 30: Refund If line 29 is larger than line 24, go to line 31. Otherwise, subtract line 29 from line 24 and enter the amount to be refunded to you on line 30. We will not automatically issue a refund under $5. However, upon notification we can release the refund. You are required to mark your refund choice on line 30a. Line 30a: Refund options You can receive your refund by direct deposit, debit card, or paper check. Mark an X in one box to indicate your choice. • Direct Deposit - The SCDOR deposits your funds into your bank account. This is the fastest, easiest option for most filers. • Debit card - Your funds are loaded onto a Bank of America debit card. The card is subject to Bank of America program limitations. See the Bank of America disclosure information at the end of these instructions for more information. • Paper check - The SCDOR can mail you a paper check to the address provided at your return. To avoid delays, make sure the address on your return is correct. This is the slowest, least secure way to receive your funds. Line 30b: Direct deposit information Choose direct deposit for a fast, simple, and secure way to have your refund deposited automatically into your checking or savings account. You must enter complete and correct account information. We will mail a paper check to the address listed on your return if the account information is not complete and correct. You cannot have your funds directly deposited into an account located outside the United States. To receive your refund by direct deposit: 1. Mark an X to choose checking or savings account. 2. Enter your 9 digit routing transit number (RTN). The RTN should begin with 01 through 12 or 21 through 32. Do not use a deposit slip to verify the RTN. 3. Enter your bank account number (BAN). The BAN contains 17 or fewer alphanumeric digits. Enter the BAN from left to right. Do not enter hyphens, spaces, special symbols, or the check number. Line 31: Net tax Add line 25 and line 29. Line 32: Late filing and late payment penalties and interest If you calculated failure to file or failure to pay penalties and interest, enter in the appropriate blanks and put the total of both on line 32. A failure to file penalty is charged for failing to file a tax return on or before its due date, considering any extension of time for filing. The penalty is 5% of the tax amount if the failure is for not more than one month, with an additional 5% for each additional month or fraction of the month the failure continues, not to exceed 25% in total. A failure to pay penalty is charged for failing to pay the tax on any return on or before its due date. The penalty is 0.5% of the tax if the failure is for not more than one month, with an additional 0.5% for each additional month or fraction of the month the failure continues, not to exceed 25% in total. Any unpaid portion of the final tax due will accrue interest at the prevailing federal rates. This amount is computed from the original due date of the tax return to the date of payment. Find a Penalty and Interest Calculator on our free tax portal, MyDORWAY, at dor.sc.gov/calculator. Line 33: Underpayment of Estimated Tax penalty You may owe a penalty for underpayment if you did not pay in the lesser of 90% of your tax liability for 2020 or 100% of your tax liability for 2019 in four equal amounts by the required dates. If your adjusted gross income is $150,000 or more, the 100% rule is modified to be 110% of the tax shown on your 2019 Income Tax return. See the SC2210, available at dor.sc.gov/forms to calculate any penalty that may be due. Exceptions to underpayment of Estimated Tax: • Enter an A in the box if you completed federal Schedule AI-Annualized Income Installment Method for South Carolina purposes when determining the amount to enter on Line 33. • Enter an F in the box if you are a farmer or fisherman who receives at least two-thirds of your gross income for the year from farming and fishing and you pay your tax due by March 1, 2021. • Enter a W if you are requesting a waiver of your entire penalty. See the SC2210 instructions, available at dor.sc.gov/forms for information on what qualifies for a waiver of penalty. Calculate your penalty for underpayment and enter the amount on line 33. If you are due a refund, subtract the penalty amount from the difference of line 24 and line 29 and enter the result on line 30. Attach the SC2210 to your tax return when using an exception to waive the penalty. 23
Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return Line 34: Balance due Add line 31 through line 33 and enter the total on line 34. This is the amount you owe. If you owe $15,000 or more in connection with any SCDOR return, you must pay electronically according to SC Code Sections 12-54-250 and 12-54-210. Pay online using our free tax portal, MyDORWAY, at dor.sc.gov/pay. Select Individual Income Tax Payment to get started. If mailing your payment, do not send cash. Make your check payable to SCDOR and include your name, SSN, and 2020 SC1040 in the memo. File your SC1040 with payment attached. Sign and date your return: You must sign your return. If your filing status is Married Filing Jointly, both spouses must sign. The return for a deceased taxpayer must be signed by a surviving spouse, an executor, or an administrator. If you are signing as a surviving spouse, write filing as surviving spouse by your signature. If signing as a personal representative, sign in your official capacity and attach the completed SC1310. Any refund check will be issued to the decedent's surviving spouse or estate. Authorization: The signature section of the return contains a check the box authorization for release of confidential information. A check in the yes box authorizes the Director of the SCDOR or delegate to discuss the return, its attachments, and any notices, adjustments, or assessments with the preparer. If a person is paid to prepare the Income Tax return, their signature and Preparer Tax Identification Number (PTIN) or Federal Employer Identification Number (FEIN) are required in the spaces provided. Penalties are applicable for failure to comply. Reminders: Getting a refund? Direct deposit is fast, accurate, and secure! • With direct deposit, you: o get your refund sooner and help save tax dollars. o receive your refund in a fast, accurate, and secure way. o get your refund deposited directly into your bank account, giving you the fastest access to your refund. Filing online is faster and more accurate. • You may qualify to file online or submit your return electronically for free. Visit dor.sc.gov/iit-filing to learn more about your options. Review your return. • Attach a complete copy of your federal return if you filed federal schedules A, C, D, E, or F, or filed a SCH NR, SC1040TC, I-319, or I-335 with your South Carolina return. • Make sure you received all of your W-2s and other tax documents. • Verify all SSNs on your return. • Double check your name, address, and all math calculations. • Be sure your return is signed. • Make a copy of your complete return for your records. Before you file your return. • Attach all W-2s and 1099s with South Carolina withholding. • If you aren't paying online at dor.sc.gov/pay, mail your SC1040, Individual Income Tax Return, with payment attached to the proper address. 24
Instructions - 2020 SC1040 - South Carolina Individual Income Tax Return COUNTY CODES COUNTY CODE COUNTY CODE COUNTY CODE Abbeville .............................. 01 Dillon ................................... 17 McCormick .......................... 33 Aiken ................................... 02 Dorchester ........................... 18 Marion ................................. 34 Allendale ............................. 03 Edgefield ............................. 19 Marlboro .............................. 35 Anderson ............................. 04 Fairfield ............................... 20 Newberry ............................. 36 Bamberg .............................. 05 Florence .............................. 21 Oconee ................................ 37 Barnwell .............................. 06 Georgetown ......................... 22 Orangeburg ......................... 38 Beaufort ............................... 07 Greenville ............................ 23 Pickens ................................ 39 Berkeley .............................. 08 Greenwood .......................... 24 Richland .............................. 40 Calhoun ............................... 09 Hampton .............................. 25 Saluda ................................. 41 Charleston ........................... 10 Horry ................................... 26 Spartanburg ........................ 42 Cherokee ............................. 11 Jasper ................................. 27 Sumter ................................. 43 Chester ................................ 12 Kershaw .............................. 28 Union ................................... 44 Chesterfield ......................... 13 Lancaster ............................ 29 Williamsburg ........................ 45 Clarendon ............................ 14 Laurens ............................... 30 York ..................................... 46 Colleton ............................... 15 Lee ...................................... 31 Darlington ............................ 16 Lexington ............................. 32 APO/FPO Addresses ............................................................................................................................................. 99 Outside of South Carolina ...................................................................................................................................... 99 Outside of United States ........................................................................................................................................ 88 25
<ADCBBADCDABC> DPP-047818 <ADCBBADCDABC> DPP-047818 South Carolina Department of Revenue Income Tax Refund Prepaid Debit Card Fee Disclosure and Other Important Disclosures* You do not have to receive your payments on this benefits card. Ask the benefits office about other ways to receive your benefits. Monthly fee Per purchase ATM withdrawal Cash reload $0 $0 $0 in-network $2.00** out-of-network N/A ATM balance inquiry $0 Customer service $0 per call Inactivity $0 We charge 9 other types of fees. Here are some of them: Replacement card, express delivery $15.00 Replacement card, international $15.00 *This document entitled ‘Fee Disclosure and Other Important Disclosures’ is included with, and incorporated in, the South Carolina Department of Revenue Income Tax Refund Prepaid Debit Card Account Agreement. ** Fees can be lower depending on how and where this card is used. See the materials you received with your card for free ways to access your funds and balance information. No overdraft/credit feature. Your funds are eligible for FDIC insurance. For more information about prepaid cards, visit cfpb.gov/prepaid. Find details and conditions for all fees and services in the cardholder agreement. The South Carolina Department of Revenue Income Tax Refund Prepaid Debit Card is issued by Bank of America. There is no fee to purchase or activate this card. Rev 1/19 FS384-135975 © 2019 Bank of America Corporation
All fees Amount Details Spend money Per purchase with PIN $0 Per purchase with signature $0 Get cash in the U.S. ATM withdrawal, in-network $0 “In Network” refers to Bank of America ATMs. Locations can be found at www.bankofamerica.com/screfund. You will not be charged a fee by Bank of America. ATM withdrawal, out-of-network $2.00 “Out of Network” refers to all the ATMs outside of Bank of America ATMs. You may also be charged a fee by the ATM operator even if you do not complete a transaction.* Bank teller cash withdrawal $5.00 You will be charged this fee after 1 free after each deposit. Available at financial institutions that accept Visa cards. Limited to available balance only. Emergency cash transfer, domestic $15.00 All emergency cash transfers must be initiated through the Prepaid Debit Card Customer Service Center. Information Customer service $0 Online account information $0 ATM balance inquiry $0 Using your card outside the U.S. Each international transaction 2% Of total U.S. dollar amount of transaction International ATM withdrawal $2.50 This is our fee. You may also be charged a fee by the ATM operator even if you do not complete a transaction. Bank teller cash withdrawal $5.00 You will be charged this fee after 1 free after each deposit. Available at financial institutions that accept Visa cards. Limited to available balance only. Emergency cash transfer, outside the U.S. $30.00 All emergency cash transfers must be initiated through the Prepaid Debit Card Customer Service Center Other Online funds transfer $0 Replacement card, domestic $5.00 You will be charged this fee after 1 free replacement Replacement card, express delivery $15.00 Additional charge per request Replacement card, international $15.00 Additional charge per request Inactive account $0 Paper check fee $5.00 * ATM owners may impose an additional “convenience fee” or “surcharge fee” for certain ATM transactions (a sign should be posted at the ATM to indicate additional fees); however, you will not be charged any additional convenience fee or surcharge fee at a Bank of America ATM. A Bank of America ATM means an ATM that prominently displays the Bank of America name and logo. Your funds are eligible for FDIC insurance. Your funds are insured up to $250,000 by the FDIC in the event Bank of America, N.A. fails, if specific deposit insurance requirements are met. See fdic.gov/deposit/deposits/prepaid.html for details. No overdraft/credit feature. Contact Bank of America by calling 1.866.472.4959, 1.866.656.5913 (TTY), or 1.423.262.1650 (Collect, when calling outside the U.S.), by mail at Bank of America, P.O. Box 8488, Gray, TN 37615-8488, or visit www.bankofamerica.com/screfund. For general information about prepaid accounts, visit cfpb.gov/prepaid. If you have a complaint about a prepaid account, call the Consumer Financial Protection Bureau at 1.855.411.2372 or visit cfpb.gov/complaint. List of all fees for South Carolina Department of Revenue Income Tax Refund Prepaid Debit Card FS384-135975 © 2019 Bank of America Corporation CCI-10-18-0309.W To learn about Bank of America’s environmental goals and initiatives, go to bankofamerica.com/environment.
• Amended Return: Check if this is an Amended Return. (Attach Schedule AMD) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • Check this box if you are a part-year or nonresident filing an SC Schedule NR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • Check this box only if you are filing a composite return on behalf of a Partnership or S Corporation. Do not check this box if you are an individual . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • Check this box if you have filed a federal or state extension. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • Check this box if you served in a military combat zone during the filing period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Name of the combat zone: _________________________________ 30751200 SC1040 (Rev. 10/14/20) 3075 STATE OF SOUTH CAROLINA DEPARTMENT OF REVENUE 2020 INDIVIDUAL INCOME TAX RETURN Number of dependents claimed that were under the age of 6 years as of December 31, 2020 . . . . . . . . . Number of taxpayers age 65 or older as of December 31, 2020 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Number of dependents claimed on your 2020 federal return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . For the year January 1 - December 31, 2020, or fiscal tax year beginning __________, 2020 and ending __________, 2021 1350 Your Social Security Number Check if deceased Spouse's Social Security Number Check if deceased dor.sc.gov First name and middle initial Last name Suffix Spouse's first name, if married filing jointly Last name Suffix Check if new address Mailing address (number and street, PO Box) County code City State ZIP Daytime phone number with area code Check if address is outside US Foreign country address including postal code CHECK YOUR (1) Single (3) Married filing separately - enter spouse's SSN: __________________ FEDERAL FILING STATUS (2) Married filing jointly (4) Head of household (5) Qualifying widow(er) DEPENDENTS First name Last name Social Security Number Relationship Date of birth (MM/DD/YYYY) 28
INCOME AND ADJUSTMENTS 1 Enter federal taxable income from your federal form. If zero or less, enter zero here Dollars Nonresident filers: complete Schedule NR and enter total from line 48 on line 5 below . . . . . . . . . . . 1 00 ADDITIONS TO FEDERAL TAXABLE INCOME a State tax addback, if itemizing on federal return (see instructions) . . . . . . . a 00 b Out-of-state losses Type: _________________ . . . . . . . . . . . . . . . . . . . . b 00 c Expenses related to National Guard and Military Reserve Income . . . . . . . c 00 d Interest income on obligations of states and political subdivisions other than South Carolina d 00 e Other additions to income. (attach explanation - see instructions) . . . . . . . . e 00 2 Total additions (add line a through line e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 00 3 Add line 1 and line 2 and enter the total here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 00 SUBTRACTIONS FROM FEDERAL TAXABLE INCOME f State tax refund, if included on your federal return. . . . . . . . . . . . . . . . . . . . f 00 g Total and permanent disability retirement income, if taxed on your federal return g 00 h Out-of-state income/gain (do not include personal service income) Check type of income/gain: Rental Business Other ___________ h 00 i 44% of net capital gains held for more than one year. . . . . . . . . . . . . . . . . . i 00 j Volunteer deductions (see instructions) Type: _____________________ j 00 k Contributions to the SC College Investment Program (Future Scholar) or the SC Tuition Prepayment Program . . . . . . . . . . . . . . . . . . . . . . . . . . . . k 00 l Active Trade or Business Income deduction (see instructions) . . . . . . . . . . l 00 m Interest income from obligations of the US government. . . . . . . . . . . . . . . . m 00 n Certain nontaxable National Guard or Reserve pay . . . . . . . . . . . . . . . . . . . n 00 o Social Security and/or railroad retirement, if taxed on your federal return . . o 00 p Retirement Deduction (see instructions) p-1 Taxpayer (date of birth: _____________) . . . . . . . . . . . . . . . . . . . . . . . p-1 00 p-2 Spouse (date of birth: _____________) . . . . . . . . . . . . . . . . . . . . . . . . p-2 00 p-3 Surviving spouse (date of birth of deceased spouse: _____________) p-3 00 Military Retirement Deduction (see instructions) p-4 Taxpayer (date of birth: _____________) . . . . . . . . . . . . . . . . . . . . . . . p-4 00 p-5 Spouse (date of birth: _____________) . . . . . . . . . . . . . . . . . . . . . . . . p-5 00 p-6 Surviving spouse (date of birth of deceased spouse: _____________) p-6 00 q Age 65 and older deduction (see instructions) q-1 Taxpayer (date of birth: _____________) . . . . . . . . . . . . . . . . . . . . . . . q-1 00 q-2 Spouse (date of birth: _____________) . . . . . . . . . . . . . . . . . . . . . . . . q-2 00 r Negative amount of federal taxable income . . . . . . . . . . . . . . . . . . . . . . . . . r 00 s Subsistence allowance (multiply ______ days by $8) . . . . . . . . . . . . . . . . . s 00 t Dependents under the age of 6 years on December 31 of the tax year . . . . t 00 u Consumer Protection Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . u 00 v Other subtractions (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . v 00 w South Carolina Dependent Exemption (see instructions) . . . . . . . . . . . . . . . w 00 4 Total subtractions (add line f through line w) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 < 00 5 Residents: subtract line 4 from line 3 and enter the difference. Nonresidents: enter amount from Schedule NR, line 48. If less than zero, enter zero here. This is your SOUTH CAROLINA INCOME SUBJECT TO TAX 5 00 6 TAX on your South Carolina Income Subject to Tax (see SC1040TT). . . . . . . 6 00 7 TAX on Lump Sum Distribution (attach SC4972) . . . . . . . . . . . . . . . . . . . . . . . 7 00 8 TAX on Active Trade or Business Income (attach I-335) . . . . . . . . . . . . . . . . . 8 00 9 TAX on excess withdrawals from Catastrophe Savings Accounts . . . . . . . . . . 9 00 10 Add line 6 through line 9 and enter the total here. This is your TOTAL SOUTH CAROLINA TAX . . . . . . . 10 00 > 30752208 Page 2 of 3 2020 Your SSN _____________ 29
NON-REFUNDABLE CREDITS 11 Child and Dependent Care (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . 11 00 12 Two Wage Earner Credit (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 00 13 Other nonrefundable credits. Attach SC1040TC and other state returns . . . . . 13 00 14 Total nonrefundable credits (add line 11 through line 13) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 00 15 Subtract line 14 from line 10 and enter the difference. If less than zero, enter zero here . . . . . . . . . . . . . . 15 00 PAYMENTS AND REFUNDABLE CREDITS 16 SC income tax withheld (attach W-2 or SC41) . . . . . . . . . . . . . . . . . . . . . . . . . 16 00 17 2020 Estimated Tax payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 00 18 Amount paid with extension . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 00 19 Nonresident sale of real estate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 00 20 Other SC withholding (attach 1099) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 00 21 Tuition tax credit (attach I-319) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 00 22 Other refundable credits: 22a Anhydrous Ammonia (attach I-333) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22a 00 22b Milk Credit (attach I-334) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22b 00 22c Classroom Teacher Expenses (attach I-360) . . . . . . . . . . . . . . . . . . . . . . 22c 00 22d Parental Refundable Credit (attach I-361) . . . . . . . . . . . . . . . . . . . . . . . . 22d 00 22e Motor Fuel Income Tax Credit (attach I-385) . . . . . . . . . . . . . . . . . . . . . . 22e 00 Total refundable credits (add line 22a through line 22e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 00 AMENDED RETURN: Use Schedule AMD for line 23 calculation. 23 Add line 16 through line 22 and enter the total here. These are your TOTAL PAYMENTS 23 00 24 If line 23 is larger than line 15, subtract line 15 from line 23 and enter the overpayment . . . . . . . . . . . . . . 24 00 25 If line 15 is larger than line 23, subtract line 23 from line 15 and enter the amount due . . . . . . . . . . . . . . . 25 00 AMENDED RETURN: Enter the amount from line 24 on line 30. Enter the amount from line 25 on line 31. 26 USE TAX due on online, mail-order, or out-of-state purchases . . . . . . . . . . . . 26 00 Use Tax is based on your county's Sales Tax rate. See instructions for more information. If you certify that no Use Tax is due, check here . . . . 27 Amount of line 24 to be credited to your 2021 Estimated Tax . . . . . . . . . . . . . 27 00 28 Total Contributions for Check-offs (attach I-330) . . . . . . . . . . . . . . . . . . . . . . . 28 00 29 Add line 26 through line 28 and enter the total here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 00 30 If line 29 is larger than line 24, go to line 31. Otherwise, subtract line 29 from line 24 and enter the amount to be refunded to you (line 30a check box entry is required) This is your REFUND 30 00 REFUND OPTIONS (subject to program limitations) 30a Mark one refund choice: Direct Deposit (30b required) Debit Card Paper Check 30b Direct Deposit (for US accounts only) Type: Checking Savings Routing Number (RTN) Must be 9 digits. The first two numbers of the RTN must be 01 through 12 or 21 through 32. Bank Account Number (BAN) 1-17 digits 31 Add line 25 and line 29. If line 29 is larger than line 24, subtract line 24 from line 29, enter the total. This is your tax due 31 00 32 Late filing and/or late payment: Penalties___________ Interest ___________ Enter total here 32 00 33 Penalty for Underpayment of Estimated Tax (attach SC2210) Enter exception code from instructions here if applicable ______ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 00 34 Add line 31 through line 33 and enter the total here. This is your BALANCE DUE 34 00 Pay online using our free tax portal, MyDORWAY, at dor.sc.gov/pay. I declare that this return and all attachments are true, correct, and complete to the best of my knowledge. If prepared by a person other than the taxpayer, this declaration is based on all information of which the preparer has any knowledge. Your signature Date Spouse's signature (if married filing jointly, BOTH must sign) I authorize the Director of the SCDOR or delegate to discuss this return, attachments, and related tax matters with the preparer. Yes No Preparer's printed name Page 3 of 3 2020 Paid Preparer's Preparer signature Date Check if self- employed PTIN Use Firm name (or yours if self- FEIN Only employed), address, ZIP Phone MAIL TO: REFUNDS OR ZERO TAX: SC1040 Processing Center, PO Box 101100, Columbia, SC 29211-0100 BALANCE DUE: Taxable Processing Center, PO Box 101105, Columbia, SC 29211-0105 30753206 Your SSN _____________ 30
0 50 $0 50 100 $0 100 150 $0 150 200 $0 200 250 $0 250 300 $0 300 350 $0 350 400 $0 400 450 $0 450 500 $0 500 550 $0 550 600 $0 600 650 $0 650 700 $0 700 750 $0 750 800 $0 800 850 $0 850 900 $0 900 950 $0 950 1,000 $0 17,000 2020 South Carolina Individual Income Tax Tables (Revised 6/18/20) If your taxable income is: At least But less than If your taxable income is: Your tax is: If your taxable income is: If your taxable income is: At least If your taxable income is: At least But less than Your tax is: But less than Your tax is: At least But less than Your tax is: At least But less than Your tax is: 6,000 11,000 21,000 4,000 7,000 13,000 1,000 2,000 5,000 9,000 15,000 19,000 3,000 1,000 1,050 $0 1,050 1,100 $0 1,100 1,150 $0 1,150 1,200 $0 1,200 1,250 $0 1,250 1,300 $0 1,300 1,350 $0 1,350 1,400 $0 1,400 1,450 $0 1,450 1,500 $0 1,500 1,550 $0 1,550 1,600 $0 1,600 1,650 $0 1,650 1,700 $0 1,700 1,750 $0 1,750 1,800 $0 1,800 1,850 $0 1,850 1,900 $0 1,900 1,950 $0 1,950 2,000 $0 2,000 2,050 $0 2,050 2,100 $0 2,100 2,150 $0 2,150 2,200 $0 2,200 2,250 $0 2,250 2,300 $0 2,300 2,350 $0 2,350 2,400 $0 2,400 2,450 $0 2,450 2,500 $0 2,500 2,550 $0 2,550 2,600 $0 2,600 2,650 $0 2,650 2,700 $0 2,700 2,750 $0 2,750 2,800 $0 2,800 2,850 $0 2,850 2,900 $0 2,900 2,950 $0 2,950 3,000 $0 3,000 3,050 $0 3,050 3,100 $0 3,100 3,150 $2 3,150 3,200 $3 3,200 3,250 $5 3,250 3,300 $6 3,300 3,350 $8 3,350 3,400 $9 3,400 3,450 $11 3,450 3,500 $12 3,500 3,550 $14 3,550 3,600 $15 3,600 3,650 $17 3,650 3,700 $18 3,700 3,750 $20 3,750 3,800 $21 3,800 3,850 $23 3,850 3,900 $24 3,900 3,950 $26 3,950 4,000 $27 4,000 4,050 $29 4,050 4,100 $30 4,100 4,150 $32 4,150 4,200 $33 4,200 4,250 $35 4,250 4,300 $36 4,300 4,350 $38 4,350 4,400 $39 4,400 4,450 $41 4,450 4,500 $42 4,500 4,550 $44 4,550 4,600 $45 4,600 4,650 $47 4,650 4,700 $48 4,700 4,750 $50 4,750 4,800 $51 4,800 4,850 $53 4,850 4,900 $54 4,900 4,950 $56 4,950 5,000 $57 5,000 5,050 $59 5,050 5,100 $60 5,100 5,150 $62 5,150 5,200 $63 5,200 5,250 $65 5,250 5,300 $66 5,300 5,350 $68 5,350 5,400 $69 5,400 5,450 $71 5,450 5,500 $72 5,500 5,550 $74 5,550 5,600 $75 5,600 5,650 $77 5,650 5,700 $78 5,700 5,750 $80 5,750 5,800 $81 5,800 5,850 $83 5,850 5,900 $84 5,900 5,950 $86 5,950 6,000 $87 6,000 6,050 $89 6,050 6,100 $90 6,100 6,150 $92 6,150 6,200 $93 6,200 6,250 $95 6,250 6,300 $97 6,300 6,350 $99 6,350 6,400 $101 6,400 6,450 $103 6,450 6,500 $105 6,500 6,550 $107 6,550 6,600 $109 6,600 6,650 $111 6,650 6,700 $113 6,700 6,750 $115 6,750 6,800 $117 6,800 6,850 $119 6,850 6,900 $121 6,900 6,950 $123 6,950 7,000 $125 7,000 7,100 $128 7,100 7,200 $132 7,200 7,300 $136 7,300 7,400 $140 7,400 7,500 $144 7,500 7,600 $148 7,600 7,700 $152 7,700 7,800 $156 7,800 7,900 $160 7,900 8,000 $164 8,000 8,100 $168 8,100 8,200 $172 8,200 8,300 $176 8,300 8,400 $180 8,400 8,500 $184 8,500 8,600 $188 8,600 8,700 $192 8,700 8,800 $196 8,800 8,900 $200 8,900 9,000 $204 9,000 9,100 $208 9,100 9,200 $212 9,200 9,300 $217 9,300 9,400 $222 9,400 9,500 $227 9,500 9,600 $232 9,600 9,700 $237 9,700 9,800 $242 9,800 9,900 $247 9,900 10,000 $252 10,000 10,100 $257 10,100 10,200 $262 10,200 10,300 $267 10,300 10,400 $272 10,400 10,500 $277 10,500 10,600 $282 10,600 10,700 $287 10,700 10,800 $292 10,800 10,900 $297 10,900 11,000 $302 11,000 11,100 $307 11,100 11,200 $312 11,200 11,300 $317 11,300 11,400 $322 11,400 11,500 $327 11,500 11,600 $332 11,600 11,700 $337 11,700 11,800 $342 11,800 11,900 $347 11,900 12,000 $352 12,000 12,100 $357 12,100 12,200 $362 12,200 12,300 $367 12,300 12,400 $372 12,400 12,500 $378 12,500 12,600 $384 12,600 12,700 $390 12,700 12,800 $396 12,800 12,900 $402 12,900 13,000 $408 13,000 13,100 $414 13,100 13,200 $420 13,200 13,300 $426 13,300 13,400 $432 13,400 13,500 $438 13,500 13,600 $444 13,600 13,700 $450 13,700 13,800 $456 13,800 13,900 $462 13,900 14,000 $468 14,000 14,100 $474 14,100 14,200 $480 14,200 14,300 $486 14,300 14,400 $492 14,400 14,500 $498 14,500 14,600 $504 14,600 14,700 $510 14,700 14,800 $516 14,800 14,900 $522 14,900 15,000 $528 15,000 15,100 $534 15,100 15,200 $540 15,200 15,300 $546 15,300 15,400 $552 15,400 15,500 $559 15,500 15,600 $566 15,600 15,700 $573 15,700 15,800 $580 15,800 15,900 $587 15,900 16,000 $594 16,000 16,100 $601 16,100 16,200 $608 16,200 16,300 $615 16,300 16,400 $622 16,400 16,500 $629 16,500 16,600 $636 16,600 16,700 $643 16,700 16,800 $650 16,800 16,900 $657 16,900 17,000 $664 17,000 17,100 $671 17,100 17,200 $678 17,200 17,300 $685 17,300 17,400 $692 17,400 17,500 $699 17,500 17,600 $706 17,600 17,700 $713 17,700 17,800 $720 17,800 17,900 $727 17,900 18,000 $734 18,000 18,100 $741 18,100 18,200 $748 18,200 18,300 $755 18,300 18,400 $762 18,400 18,500 $769 18,500 18,600 $776 18,600 18,700 $783 18,700 18,800 $790 18,800 18,900 $797 18,900 19,000 $804 19,000 19,100 $811 19,100 19,200 $818 19,200 19,300 $825 19,300 19,400 $832 19,400 19,500 $839 19,500 19,600 $846 19,600 19,700 $853 19,700 19,800 $860 19,800 19,900 $867 19,900 20,000 $874 20,000 20,100 $881 20,100 20,200 $888 20,200 20,300 $895 20,300 20,400 $902 20,400 20,500 $909 20,500 20,600 $916 20,600 20,700 $923 20,700 20,800 $930 20,800 20,900 $937 20,900 21,000 $944 21,000 21,100 $951 21,100 21,200 $958 21,200 21,300 $965 21,300 21,400 $972 21,400 21,500 $979 21,500 21,600 $986 21,600 21,700 $993 21,700 21,800 $1,000 21,800 21,900 $1,007 21,900 22,000 $1,014 22,000 22,100 $1,021 22,100 22,200 $1,028 22,200 22,300 $1,035 22,300 22,400 $1,042 22,400 22,500 $1,049 22,500 22,600 $1,056 22,600 22,700 $1,063 22,700 22,800 $1,070 22,800 22,900 $1,077 22,900 23,000 $1,084 31
47,000 2020 South Carolina Individual Income Tax Tables If your taxable income is: At least But less than If your taxable income is: Your tax is: If your taxable income is: If your taxable income is: At least If your taxable income is: At least But less than Your tax is: But less than Your tax is: At least But less than Your tax is: 49,000 At least But less than Your tax is: 35,000 41,000 23,000 51,000 31,000 37,000 43,000 25,000 27,000 33,000 39,000 45,000 29,000 23,000 23,100 $1,091 23,100 23,200 $1,098 23,200 23,300 $1,105 23,300 23,400 $1,112 23,400 23,500 $1,119 23,500 23,600 $1,126 23,600 23,700 $1,133 23,700 23,800 $1,140 23,800 23,900 $1,147 23,900 24,000 $1,154 24,000 24,100 $1,161 24,100 24,200 $1,168 24,200 24,300 $1,175 24,300 24,400 $1,182 24,400 24,500 $1,189 24,500 24,600 $1,196 24,600 24,700 $1,203 24,700 24,800 $1,210 24,800 24,900 $1,217 24,900 25,000 $1,224 25,000 25,100 $1,238 25,100 25,200 $1,245 25,200 25,300 $1,252 25,300 25,400 $1,259 25,400 25,500 $1,266 25,500 25,600 $1,273 25,600 25,700 $1,280 25,700 25,800 $1,287 25,800 25,900 $1,294 25,900 26,000 $1,301 26,000 26,100 $1,308 26,100 26,200 $1,315 26,200 26,300 $1,322 26,300 26,400 $1,329 26,400 26,500 $1,336 26,500 26,600 $1,343 26,600 26,700 $1,350 26,700 26,800 $1,357 26,800 26,900 $1,364 26,900 27,000 27,000 27,100 $1,378 27,100 27,200 $1,385 27,200 27,300 $1,392 27,300 27,400 $1,399 27,400 27,500 $1,406 27,500 27,600 $1,413 27,600 27,700 $1,420 27,700 27,800 $1,427 27,800 27,900 $1,434 27,900 28,000 $1,441 28,000 28,100 $1,448 28,100 28,200 $1,455 28,200 28,300 $1,462 28,300 28,400 $1,469 28,400 28,500 $1,476 28,500 28,600 $1,483 28,600 28,700 $1,490 28,700 28,800 $1,497 28,800 28,900 $1,504 28,900 29,000 29,000 29,100 $1,511 29,100 29,200 $1,518 29,200 29,300 $1,525 29,300 29,400 $1,532 29,400 29,500 $1,539 29,500 29,600 $1,546 29,600 29,700 $1,553 29,700 29,800 $1,560 29,800 29,900 $1,567 29,900 30,000 $1,574 30,000 30,100 $1,581 30,100 30,200 $1,588 30,200 30,300 $1,595 30,300 30,400 $1,602 30,400 30,500 $1,609 30,500 30,600 $1,616 30,600 30,700 $1,623 30,700 30,800 $1,630 30,800 30,900 $1,637 30,900 31,000 $1,644 31,000 31,100 $1,658 31,100 31,200 $1,665 31,200 31,300 $1,672 31,300 31,400 $1,679 31,400 31,500 $1,686 31,500 31,600 $1,693 31,600 31,700 $1,700 31,700 31,800 $1,707 31,800 31,900 $1,714 31,900 32,000 $1,721 32,000 32,100 $1,728 32,100 32,200 $1,735 32,200 32,300 $1,742 32,300 32,400 $1,749 32,400 32,500 $1,756 32,500 32,600 $1,763 32,600 32,700 $1,770 32,700 32,800 $1,777 32,800 32,900 $1,784 32,900 33,000 33,000 33,100 $1,798 33,100 33,200 $1,805 33,200 33,300 $1,812 33,300 33,400 $1,819 33,400 33,500 $1,826 33,500 33,600 $1,833 33,600 33,700 $1,840 33,700 33,800 $1,847 33,800 33,900 $1,854 33,900 34,000 $1,861 34,000 34,100 $1,868 34,100 34,200 $1,875 34,200 34,300 $1,882 34,300 34,400 $1,889 34,400 34,500 $1,896 34,500 34,600 $1,903 34,600 34,700 $1,910 34,700 34,800 $1,917 34,800 34,900 $1,924 34,900 35,000 35,000 35,100 $1,931 35,100 35,200 $1,938 35,200 35,300 $1,945 35,300 35,400 $1,952 35,400 35,500 $1,959 35,500 35,600 $1,966 35,600 35,700 $1,973 35,700 35,800 $1,980 35,800 35,900 $1,987 35,900 36,000 $1,994 36,000 36,100 $2,001 36,100 36,200 $2,008 36,200 36,300 $2,015 36,300 36,400 $2,022 36,400 36,500 $2,029 36,500 36,600 $2,036 36,600 36,700 $2,043 36,700 36,800 $2,050 36,800 36,900 $2,057 36,900 37,000 $2,064 37,000 37,100 $2,078 37,100 37,200 $2,085 37,200 37,300 $2,092 37,300 37,400 $2,099 37,400 37,500 $2,106 37,500 37,600 $2,113 37,600 37,700 $2,120 37,700 37,800 $2,127 37,800 37,900 $2,134 37,900 38,000 $2,141 38,000 38,100 $2,148 38,100 38,200 $2,155 38,200 38,300 $2,162 38,300 38,400 $2,169 38,400 38,500 $2,176 38,500 38,600 $2,183 38,600 38,700 $2,190 38,700 38,800 $2,197 38,800 38,900 $2,204 38,900 39,000 39,000 39,100 $2,218 39,100 39,200 $2,225 39,200 39,300 $2,232 39,300 39,400 $2,239 39,400 39,500 $2,246 39,500 39,600 $2,253 39,600 39,700 $2,260 39,700 39,800 $2,267 39,800 39,900 $2,274 39,900 40,000 $2,281 40,000 40,100 $2,288 40,100 40,200 $2,295 40,200 40,300 $2,302 40,300 40,400 $2,309 40,400 40,500 $2,316 40,500 40,600 $2,323 40,600 40,700 $2,330 40,700 40,800 $2,337 40,800 40,900 $2,344 40,900 41,000 41,000 41,100 $2,358 41,100 41,200 $2,365 41,200 41,300 $2,372 41,300 41,400 $2,379 41,400 41,500 $2,386 41,500 41,600 $2,393 41,600 41,700 $2,400 41,700 41,800 $2,407 41,800 41,900 $2,414 41,900 42,000 $2,421 42,000 42,100 $2,428 42,100 42,200 $2,435 42,200 42,300 $2,442 42,300 42,400 $2,449 42,400 42,500 $2,456 42,500 42,600 $2,463 42,600 42,700 $2,470 42,700 42,800 $2,477 42,800 42,900 $2,484 42,900 43,000 43,000 43,100 $2,498 43,100 43,200 $2,505 43,200 43,300 $2,512 43,300 43,400 $2,519 43,400 43,500 $2,526 43,500 43,600 $2,533 43,600 43,700 $2,540 43,700 43,800 $2,547 43,800 43,900 $2,554 43,900 44,000 $2,561 44,000 44,100 $2,568 44,100 44,200 $2,575 44,200 44,300 $2,582 44,300 44,400 $2,589 44,400 44,500 $2,596 44,500 44,600 $2,603 44,600 44,700 $2,610 44,700 44,800 $2,617 44,800 44,900 $2,624 44,900 45,000 45,000 45,100 $2,638 45,100 45,200 $2,645 45,200 45,300 $2,652 45,300 45,400 $2,659 45,400 45,500 $2,666 45,500 45,600 $2,673 45,600 45,700 $2,680 45,700 45,800 $2,687 45,800 45,900 $2,694 45,900 46,000 $2,701 46,000 46,100 $2,708 46,100 46,200 $2,715 46,200 46,300 $2,722 46,300 46,400 $2,729 46,400 46,500 $2,736 46,500 46,600 $2,743 46,600 46,700 $2,750 46,700 46,800 $2,757 46,800 46,900 $2,764 46,900 47,000 47,000 47,100 $2,778 47,100 47,200 $2,785 47,200 47,300 $2,792 47,300 47,400 $2,799 47,400 47,500 $2,806 47,500 47,600 $2,813 47,600 47,700 $2,820 47,700 47,800 $2,827 47,800 47,900 $2,834 47,900 48,000 $2,841 48,000 48,100 $2,848 48,100 48,200 $2,855 48,200 48,300 $2,862 48,300 48,400 $2,869 48,400 48,500 $2,876 48,500 48,600 $2,883 48,600 48,700 $2,890 48,700 48,800 $2,897 48,800 48,900 $2,904 48,900 49,000 49,000 49,100 $2,918 49,100 49,200 $2,925 49,200 49,300 $2,932 49,300 49,400 $2,939 49,400 49,500 $2,946 49,500 49,600 $2,953 49,600 49,700 $2,960 49,700 49,800 $2,967 49,800 49,900 $2,974 49,900 50,000 $2,981 50,000 50,100 $2,988 50,100 50,200 $2,995 50,200 50,300 $3,002 50,300 50,400 $3,009 50,400 50,500 $3,016 50,500 50,600 $3,023 50,600 50,700 $3,030 50,700 50,800 $3,037 50,800 50,900 $3,044 50,900 51,000 51,000 51,100 $3,058 51,100 51,200 $3,065 51,200 51,300 $3,072 51,300 51,400 $3,079 51,400 51,500 $3,086 51,500 51,600 $3,093 51,600 51,700 $3,100 51,700 51,800 $3,107 51,800 51,900 $3,114 51,900 52,000 $3,121 52,000 52,100 $3,128 52,100 52,200 $3,135 52,200 52,300 $3,142 52,300 52,400 $3,149 52,400 52,500 $3,156 52,500 52,600 $3,163 52,600 52,700 $3,170 52,700 52,800 $3,177 52,800 52,900 $3,184 52,900 53,000 $2,351 $2,771 $1,231 $1,651 $2,071 $2,491 $2,911 $1,371 $1,791 $2,211 $2,631 $3,051 32
77,000 2020 South Carolina Individual Income Tax Tables If your taxable income is: At least But less than If your taxable income is: Your tax is: If your taxable income is: If your taxable income is: At least If your taxable income is: At least But less than Your tax is: But less than Your tax is: At least But less than Your tax is: 79,000 At least But less than Your tax is: 65,000 71,000 53,000 81,000 61,000 67,000 73,000 55,000 57,000 63,000 69,000 75,000 59,000 53,000 53,100 $3,198 53,100 53,200 $3,205 53,200 53,300 $3,212 53,300 53,400 $3,219 53,400 53,500 $3,226 53,500 53,600 $3,233 53,600 53,700 $3,240 53,700 53,800 $3,247 53,800 53,900 $3,254 53,900 54,000 $3,261 54,000 54,100 $3,268 54,100 54,200 $3,275 54,200 54,300 $3,282 54,300 54,400 $3,289 54,400 54,500 $3,296 54,500 54,600 $3,303 54,600 54,700 $3,310 54,700 54,800 $3,317 54,800 54,900 $3,324 54,900 55,000 55,000 55,100 $3,338 55,100 55,200 $3,345 55,200 55,300 $3,352 55,300 55,400 $3,359 55,400 55,500 $3,366 55,500 55,600 $3,373 55,600 55,700 $3,380 55,700 55,800 $3,387 55,800 55,900 $3,394 55,900 56,000 $3,401 56,000 56,100 $3,408 56,100 56,200 $3,415 56,200 56,300 $3,422 56,300 56,400 $3,429 56,400 56,500 $3,436 56,500 56,600 $3,443 56,600 56,700 $3,450 56,700 56,800 $3,457 56,800 56,900 $3,464 56,900 57,000 57,000 57,100 $3,478 57,100 57,200 $3,485 57,200 57,300 $3,492 57,300 57,400 $3,499 57,400 57,500 $3,506 57,500 57,600 $3,513 57,600 57,700 $3,520 57,700 57,800 $3,527 57,800 57,900 $3,534 57,900 58,000 $3,541 58,000 58,100 $3,548 58,100 58,200 $3,555 58,200 58,300 $3,562 58,300 58,400 $3,569 58,400 58,500 $3,576 58,500 58,600 $3,583 58,600 58,700 $3,590 58,700 58,800 $3,597 58,800 58,900 $3,604 58,900 59,000 59,000 59,100 $3,618 59,100 59,200 $3,625 59,200 59,300 $3,632 59,300 59,400 $3,639 59,400 59,500 $3,646 59,500 59,600 $3,653 59,600 59,700 $3,660 59,700 59,800 $3,667 59,800 59,900 $3,674 59,900 60,000 $3,681 60,000 60,100 $3,688 60,100 60,200 $3,695 60,200 60,300 $3,702 60,300 60,400 $3,709 60,400 60,500 $3,716 60,500 60,600 $3,723 60,600 60,700 $3,730 60,700 60,800 $3,737 60,800 60,900 $3,744 60,900 61,000 61,000 61,100 $3,758 61,100 61,200 $3,765 61,200 61,300 $3,772 61,300 61,400 $3,779 61,400 61,500 $3,786 61,500 61,600 $3,793 61,600 61,700 $3,800 61,700 61,800 $3,807 61,800 61,900 $3,814 61,900 62,000 $3,821 62,000 62,100 $3,828 62,100 62,200 $3,835 62,200 62,300 $3,842 62,300 62,400 $3,849 62,400 62,500 $3,856 62,500 62,600 $3,863 62,600 62,700 $3,870 62,700 62,800 $3,877 62,800 62,900 $3,884 62,900 63,000 63,000 63,100 $3,898 63,100 63,200 $3,905 63,200 63,300 $3,912 63,300 63,400 $3,919 63,400 63,500 $3,926 63,500 63,600 $3,933 63,600 63,700 $3,940 63,700 63,800 $3,947 63,800 63,900 $3,954 63,900 64,000 $3,961 64,000 64,100 $3,968 64,100 64,200 $3,975 64,200 64,300 $3,982 64,300 64,400 $3,989 64,400 64,500 $3,996 64,500 64,600 $4,003 64,600 64,700 $4,010 64,700 64,800 $4,017 64,800 64,900 $4,024 64,900 65,000 65,000 65,100 $4,038 65,100 65,200 $4,045 65,200 65,300 $4,052 65,300 65,400 $4,059 65,400 65,500 $4,066 65,500 65,600 $4,073 65,600 65,700 $4,080 65,700 65,800 $4,087 65,800 65,900 $4,094 65,900 66,000 $4,101 66,000 66,100 $4,108 66,100 66,200 $4,115 66,200 66,300 $4,122 66,300 66,400 $4,129 66,400 66,500 $4,136 66,500 66,600 $4,143 66,600 66,700 $4,150 66,700 66,800 $4,157 66,800 66,900 $4,164 66,900 67,000 67,000 67,100 $4,178 67,100 67,200 $4,185 67,200 67,300 $4,192 67,300 67,400 $4,199 67,400 67,500 $4,206 67,500 67,600 $4,213 67,600 67,700 $4,220 67,700 67,800 $4,227 67,800 67,900 $4,234 67,900 68,000 $4,241 68,000 68,100 $4,248 68,100 68,200 $4,255 68,200 68,300 $4,262 68,300 68,400 $4,269 68,400 68,500 $4,276 68,500 68,600 $4,283 68,600 68,700 $4,290 68,700 68,800 $4,297 68,800 68,900 $4,304 68,900 69,000 69,000 69,100 $4,318 69,100 69,200 $4,325 69,200 69,300 $4,332 69,300 69,400 $4,339 69,400 69,500 $4,346 69,500 69,600 $4,353 69,600 69,700 $4,360 69,700 69,800 $4,367 69,800 69,900 $4,374 69,900 70,000 $4,381 70,000 70,100 $4,388 70,100 70,200 $4,395 70,200 70,300 $4,402 70,300 70,400 $4,409 70,400 70,500 $4,416 70,500 70,600 $4,423 70,600 70,700 $4,430 70,700 70,800 $4,437 70,800 70,900 $4,444 70,900 71,000 71,000 71,100 $4,458 71,100 71,200 $4,465 71,200 71,300 $4,472 71,300 71,400 $4,479 71,400 71,500 $4,486 71,500 71,600 $4,493 71,600 71,700 $4,500 71,700 71,800 $4,507 71,800 71,900 $4,514 71,900 72,000 $4,521 72,000 72,100 $4,528 72,100 72,200 $4,535 72,200 72,300 $4,542 72,300 72,400 $4,549 72,400 72,500 $4,556 72,500 72,600 $4,563 72,600 72,700 $4,570 72,700 72,800 $4,577 72,800 72,900 $4,584 72,900 73,000 73,000 73,100 $4,598 73,100 73,200 $4,605 73,200 73,300 $4,612 73,300 73,400 $4,619 73,400 73,500 $4,626 73,500 73,600 $4,633 73,600 73,700 $4,640 73,700 73,800 $4,647 73,800 73,900 $4,654 73,900 74,000 $4,661 74,000 74,100 $4,668 74,100 74,200 $4,675 74,200 74,300 $4,682 74,300 74,400 $4,689 74,400 74,500 $4,696 74,500 74,600 $4,703 74,600 74,700 $4,710 74,700 74,800 $4,717 74,800 74,900 $4,724 74,900 75,000 75,000 75,100 $4,738 75,100 75,200 $4,745 75,200 75,300 $4,752 75,300 75,400 $4,759 75,400 75,500 $4,766 75,500 75,600 $4,773 75,600 75,700 $4,780 75,700 75,800 $4,787 75,800 75,900 $4,794 75,900 76,000 $4,801 76,000 76,100 $4,808 76,100 76,200 $4,815 76,200 76,300 $4,822 76,300 76,400 $4,829 76,400 76,500 $4,836 76,500 76,600 $4,843 76,600 76,700 $4,850 76,700 76,800 $4,857 76,800 76,900 $4,864 76,900 77,000 77,000 77,100 $4,878 77,100 77,200 $4,885 77,200 77,300 $4,892 77,300 77,400 $4,899 77,400 77,500 $4,906 77,500 77,600 $4,913 77,600 77,700 $4,920 77,700 77,800 $4,927 77,800 77,900 $4,934 77,900 78,000 $4,941 78,000 78,100 $4,948 78,100 78,200 $4,955 78,200 78,300 $4,962 78,300 78,400 $4,969 78,400 78,500 $4,976 78,500 78,600 $4,983 78,600 78,700 $4,990 78,700 78,800 $4,997 78,800 78,900 $5,004 78,900 79,000 79,000 79,100 $5,018 79,100 79,200 $5,025 79,200 79,300 $5,032 79,300 79,400 $5,039 79,400 79,500 $5,046 79,500 79,600 $5,053 79,600 79,700 $5,060 79,700 79,800 $5,067 79,800 79,900 $5,074 79,900 80,000 $5,081 80,000 80,100 $5,088 80,100 80,200 $5,095 80,200 80,300 $5,102 80,300 80,400 $5,109 80,400 80,500 $5,116 80,500 80,600 $5,123 80,600 80,700 $5,130 80,700 80,800 $5,137 80,800 80,900 $5,144 80,900 81,000 81,000 81,100 $5,158 81,100 81,200 $5,165 81,200 81,300 $5,172 81,300 81,400 $5,179 81,400 81,500 $5,186 81,500 81,600 $5,193 81,600 81,700 $5,200 81,700 81,800 $5,207 81,800 81,900 $5,214 81,900 82,000 $5,221 82,000 82,100 $5,228 82,100 82,200 $5,235 82,200 82,300 $5,242 82,300 82,400 $5,249 82,400 82,500 $5,256 82,500 82,600 $5,263 82,600 82,700 $5,270 82,700 82,800 $5,277 82,800 82,900 $5,284 82,900 83,000 $3,191 $3,611 $4,031 $4,451 $4,871 $3,331 $3,751 $4,171 $4,591 $5,011 $3,471 $3,891 $4,311 $4,731 $5,151 33
99,000 2020 South Carolina Individual Income Tax Tables If your taxable income is: 87,000 At least But less than If your taxable income is: Your tax is: If your taxable income is: If your taxable income is: At least If your taxable income is: At least But less than Your tax is: But less than Your tax is: At least But less than Your tax is: At least But less than Your tax is: 91,000 95,000 83,000 89,000 93,000 97,000 85,000 $100,000 or more: Use the tax rate schedule below Use this Tax Rate Schedule for any filing status claimed on the SC1040. 2020 Tax Rate Schedule for taxable income of $100,000 or more Important: You must use the Tax Tables instead of this Tax Rate Schedule if your taxable income is less than $100,000. If the amount on SC1040, line 5 is $100,000 or more: 1. Multiply the amount on line 5 by 7%; 2. Subtract $523; and 3. Enter the difference on line 6. If South Carolina income subject to tax on SC1040, line 5 is $101,000, the tax is calculated as follows: $101,000 income from SC1040, line 5 X .07 (7%) 7,070 - 523 subtract $523 (constant) $6,547 amount of tax, entered on line 6 of SC1040 Example of Tax Rate Schedule Computation 83,000 83,100 $5,298 83,100 83,200 $5,305 83,200 83,300 $5,312 83,300 83,400 $5,319 83,400 83,500 $5,326 83,500 83,600 $5,333 83,600 83,700 $5,340 83,700 83,800 $5,347 83,800 83,900 $5,354 83,900 84,000 $5,361 84,000 84,100 $5,368 84,100 84,200 $5,375 84,200 84,300 $5,382 84,300 84,400 $5,389 84,400 84,500 $5,396 84,500 84,600 $5,403 84,600 84,700 $5,410 84,700 84,800 $5,417 84,800 84,900 $5,424 84,900 85,000 85,000 85,100 $5,438 85,100 85,200 $5,445 85,200 85,300 $5,452 85,300 85,400 $5,459 85,400 85,500 $5,466 85,500 85,600 $5,473 85,600 85,700 $5,480 85,700 85,800 $5,487 85,800 85,900 $5,494 85,900 86,000 $5,501 86,000 86,100 $5,508 86,100 86,200 $5,515 86,200 86,300 $5,522 86,300 86,400 $5,529 86,400 86,500 $5,536 86,500 86,600 $5,543 86,600 86,700 $5,550 86,700 86,800 $5,557 86,800 86,900 $5,564 86,900 87,000 87,000 87,100 $5,578 87,100 87,200 $5,585 87,200 87,300 $5,592 87,300 87,400 $5,599 87,400 87,500 $5,606 87,500 87,600 $5,613 87,600 87,700 $5,620 87,700 87,800 $5,627 87,800 87,900 $5,634 87,900 88,000 $5,641 88,000 88,100 $5,648 88,100 88,200 $5,655 88,200 88,300 $5,662 88,300 88,400 $5,669 88,400 88,500 $5,676 88,500 88,600 $5,683 88,600 88,700 $5,690 88,700 88,800 $5,697 88,800 88,900 $5,704 88,900 89,000 89,000 89,100 $5,718 89,100 89,200 $5,725 89,200 89,300 $5,732 89,300 89,400 $5,739 89,400 89,500 $5,746 89,500 89,600 $5,753 89,600 89,700 $5,760 89,700 89,800 $5,767 89,800 89,900 $5,774 89,900 90,000 $5,781 90,000 90,100 $5,788 90,100 90,200 $5,795 90,200 90,300 $5,802 90,300 90,400 $5,809 90,400 90,500 $5,816 90,500 90,600 $5,823 90,600 90,700 $5,830 90,700 90,800 $5,837 90,800 90,900 $5,844 90,900 91,000 91,000 91,100 $5,858 91,100 91,200 $5,865 91,200 91,300 $5,872 91,300 91,400 $5,879 91,400 91,500 $5,886 91,500 91,600 $5,893 91,600 91,700 $5,900 91,700 91,800 $5,907 91,800 91,900 $5,914 91,900 92,000 $5,921 92,000 92,100 $5,928 92,100 92,200 $5,935 92,200 92,300 $5,942 92,300 92,400 $5,949 92,400 92,500 $5,956 92,500 92,600 $5,963 92,600 92,700 $5,970 92,700 92,800 $5,977 92,800 92,900 $5,984 92,900 93,000 93,000 93,100 $5,998 93,100 93,200 $6,005 93,200 93,300 $6,012 93,300 93,400 $6,019 93,400 93,500 $6,026 93,500 93,600 $6,033 93,600 93,700 $6,040 93,700 93,800 $6,047 93,800 93,900 $6,054 93,900 94,000 $6,061 94,000 94,100 $6,068 94,100 94,200 $6,075 94,200 94,300 $6,082 94,300 94,400 $6,089 94,400 94,500 $6,096 94,500 94,600 $6,103 94,600 94,700 $6,110 94,700 94,800 $6,117 94,800 94,900 $6,124 94,900 95,000 95,000 95,100 $6,138 95,100 95,200 $6,145 95,200 95,300 $6,152 95,300 95,400 $6,159 95,400 95,500 $6,166 95,500 95,600 $6,173 95,600 95,700 $6,180 95,700 95,800 $6,187 95,800 95,900 $6,194 95,900 96,000 $6,201 96,000 96,100 $6,208 96,100 96,200 $6,215 96,200 96,300 $6,222 96,300 96,400 $6,229 96,400 96,500 $6,236 96,500 96,600 $6,243 96,600 96,700 $6,250 96,700 96,800 $6,257 96,800 96,900 $6,264 96,900 97,000 97,000 97,100 $6,278 97,100 97,200 $6,285 97,200 97,300 $6,292 97,300 97,400 $6,299 97,400 97,500 $6,306 97,500 97,600 $6,313 97,600 97,700 $6,320 97,700 97,800 $6,327 97,800 97,900 $6,334 97,900 98,000 $6,341 98,000 98,100 $6,348 98,100 98,200 $6,355 98,200 98,300 $6,362 98,300 98,400 $6,369 98,400 98,500 $6,376 98,500 98,600 $6,383 98,600 98,700 $6,390 98,700 98,800 $6,397 98,800 98,900 $6,404 98,900 99,000 99,000 99,100 $6,411 99,100 99,200 $6,418 99,200 99,300 $6,425 99,300 99,400 $6,432 99,400 99,500 $6,439 99,500 99,600 $6,446 99,600 99,700 $6,453 99,700 99,800 $6,460 99,800 99,900 $6,467 99,900 100,000 $6,474 $5,291 $5,571 $5,851 $6,131 $5,431 $5,711 $5,991 $6,271 34