Angel Investor Credit

​An Angel Investor can claim a nonrefundable Income Tax Credit of 35% of qualified investments made in a qualified business between 2013 and 2025.

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​Apply for the credit​

Angel Investor applicants must submit their application on MyDORWAY​ any time after the qualified investment is made — or by December 31 each calendar year. 

The SCDOR will notify each applicant if they were approved or denied for the Angel Investor Credit by January 31 of the year following the investment.

Unused credit can be carried over or transferred​

If you have been approved for the Angel Investor Credit, and the amount of credit exceeds your tax liability for the applicable tax year, you may carryover the excess to the next 10 years.

An​gel Investor Credit requirements

• ​You must qualify as an Angel Investor under the criteria of accredited investors. 
• You must have made a qualified investment in 2024. 
• You must provide the date, investment amount, and name of the qualified business that you invested in. 
• You must specify if your cash investment was a purchase of equity stock shares or equity rights, or if the cash investment was a purchase of subordinated debt. 
• Pass-through entities: Only members, partners, and shareholders who are individuals are eligible for the Angel Investor Credit. Each member, partner, and shareholder must qualify as an accredited investor. 
• A pass-through entity angel investor must make an irrevocable election with the SCDOR as to the method the credit will be allocated. 
• The total amount of credit allowed an individual for one or more qualified investments in a single taxable year, whether made directly or by a pass-through entity and allocated to an individual, must not exceed $100,000. 
• If the credit amounts of all applications received by the SCDOR exceed $5 million, then the SCDOR must allocate the credit on a pro rata basis among the Angel Investors who filed a timely application. ​

Questions? We're here to ​help! 

• ​Log in to MyDO​RWAY, select the More tab, then click Send the SCDOR a Message.
• Learn more about MyDORWAY​. ​