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
|
