South Carolina tax credits and incentives
Review the program rules and claim timing below, then confirm the requirements with the administering agency.
This directory is not tax advice. Confirm eligibility, tax-year rules, deadlines and filing requirements with a tax professional.
Amounts are subject to the conditions in each listing. A source review does not mean applications are open or that a business qualifies.
1 program
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South Carolina small business jobs credit
Tax credit
Per-job amount depends on job-creation year, county and gross wages; credit cannot exceed 50% of applicable tax liability. [South Carolina Revenue tax credits and forms]
Check program requirements [South Carolina Revenue tax credits and forms]
Eligibility, claim steps and deadlines for South Carolina small business jobs credit
- Who qualifies
- Qualifying businesses with 99 or fewer full-time employees that create and maintain at least two new full-time jobs. [South Carolina Revenue tax credits and forms]
- What it’s worth
- Per-job amount depends on job-creation year, county and gross wages; credit cannot exceed 50% of applicable tax liability. [South Carolina Revenue tax credits and forms]
- How to claim
- Use Form TC-4SB with the applicable income, bank or insurance-premium tax return. [South Carolina Revenue tax credits and forms]
- Deadlines and application windows
- Annual claim and maintained-employment requirements apply; unused credit may carry forward 15 years. The overview does not state a separate application deadline. [South Carolina Revenue tax credits and forms]
Sources reviewed
Full details and sources for South Carolina small business jobs credit