COLUMBIA, S.C. (WCSC) - The state’s Department of Revenue is urging people to avoid common mistakes when filing income tax ...
South Carolina state tax is reasonable (compared to most other states) when it comes to property taxes. Additionally, the Palmetto State reduced the tax rate for its top income tax bracket for the ...
Some calculators may use taxable income when calculating the average tax rate. This calculator estimates the average tax rate as the state income tax liability divided by the total gross income.
According to the South Carolina Department of Revenue, some South Carolina residents have the chance to save more money this year through new changes to several taxpayer exemptions and deductions.
According to state’s Revenue and Fiscal Affairs office, 44% of South Carolina’s tax filers don’t pay any state income tax.
South Carolina residents are seeing rates go down thanks to a law passed in 2022, but the state still charges a lot more than North Carolina and other southeastern neighbors.
In North Carolina, for example, the state’s flat personal income tax rate drops from 4.5% to 4.25%. A New Year’s Day income tax cut is also taking effect next door in South Carolina.