South Carolina State Tax Filing

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South Carolina Tax Details

South Carolina made a few minor changes for tax year 2021. These changes include modifications to the South Carolina tax rate, the Motor Fuel Credit, and the South Carolina Earned Income Credit.

The calculation for the South Carolina Motor Fuel Credit changed slightly, and this change will increase the amount of the credit that taxpayers can claim.

Schedule TC-60 allows full-year South Carolina residents who claimed an Earned Income Tax Credit on their federal returns to claim 83.33% of that credit on their South Carolina returns.

This year, we have added support for Schedule TC-38, the Solar Energy, Small Hydropower System, or Geothermal Machinery and Equipment Credit. This credit is equal to 25% of the cost of purchasing and installing the system.

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