Summary
All banks engaged in business in South Carolina are required to register and pay the 4.5% due on South Carolina net income. Banks are required to make Estimated Tax payments. Banks are not subject to a License Fee.
How to File & Pay
Due Dates
File annually on or before the 15th day of the fourth month after the close of the taxable year except for the initial and/or final return.
Tentative Corporate Tax Return (
SC1120-T) is due on or before the 15th day of the fourth month after the close of the taxable year.
Business Income Tax Refund Status
To check the status of your current year South Carolina Business Income Tax refund, you will need to
enter the following information on MyDORWAY:
-
FEIN (Federal Employer Identification Number)
-
Refund Amount
Mailing Addresses
| Refund or Zero Return | Balance Due Return | Estimated Tax (SC1120CDP), Tentative (SC1120T), or Voucher (SC1120V)
| Correspondence
|
|---|
Refund or Zero ReturnSouth Carolina Department of Revenue
Corporate Refund
PO Box 125
Columbia, SC 29214-0032 |
Balance Due Return South Carolina Department of Revenue
Corporate Tax
PO Box
100151
Columbia, SC 29202
|
CDP, Tentative or S-WHSouth Carolina Department of Revenue
Corporate Voucher
PO Box
100153
Columbia, SC 29202
| South Carolina Department of Revenue
Corporate Tax
PO Box 125
Columbia, SC 29214-0400
|
