Supported Forms

The following South Carolina forms are supported in Drake Tax 2024. Forms denoted with can be e-signed.

Form	Description	IND	CRP	SCRP	PTR	FID	e-File	Paper File
CL-1	Initial Annual Report of Corporations		t	t			P	P
FS-102	Payment Plan Request	t					P	P
I-309	Nonresident Shareholder or Partner Affidavit and Agreement Income Tax Withholding			t			P	P
I-319	Tuition Tax Credit	t					P	P
I-330	Contributions for Check-Offs	t					P	P
I-333	Anhydrous Ammonia Additive Credit	t					P	P
I-334	Milk Credit	t					P	P
I-335	Active Trade or Business Income Reduced Rate Computation	t					P	P
I-335A	Worksheet 1, Pass-Through Income from a Sole Proprietorship	t					P	P
I-335B	Worksheet 2, Pass-Through Income from a Partnership or S Corporation	t					P	P
I-338	Composite Return Affidavit	t					P	P
I-349	Schedule for Business Closure or Organizational Change		t	t			P	P
I-360	Classroom Teacher Expenses Credit	t					P	P
I-361	Parental Refundable Credit	t					P	P
I-435	Active Trade or Business Income for Electing Partnerships and S Corporations			t	t		P	P
PT-100	Business Personal Property Return	t	t	t	t		r	P
SC 1065	Partnership Return				t		P	P
SC 1099	Special Withholding	t					P	P
SC 1120	C Corporation Income Tax Return		t				P	P
SC 1120S	S Corporation Income Tax Return			t			P	P
SC 1120-TC	Corporate Tax Credits		t	t			P	P
SC 1310	Statement of Person Claiming Refund Due a Deceased Taxpayer	t					r	P
SC 3911	Individual Income Tax Refund Tracer	t					r	P
SC SCH TC-1	Drip/Trickle Irrigation Systems Credit	t					P	P
SC SCH TC-11	Capital Investment Credit	t					P	P
SC SCH TC-12	Credit for Employers Hiring Recipients of Family Independence Payments	t					P	P
SC SCH TC-14	Community Development Tax Credit	t					P	P
SC SCH TC-19	Credit for a Gift of Land for Conservation or a Qualified Conservation Contribution of Real Property	t					P	P
SC SCH TC-2	Credit for State Contractors Subcontracting with Socially and Economically Disadvantaged Small Business	t					P	P
SC SCH TC-21	Credit for a Certified Historic Structure Placed in Service after June 9, 2015	t					P	P
SC SCH TC-22	Certified Historic Residential Structure Credit	t					P	P
SC SCH TC-23	Credit for Textiles Rehabilitation	t					P	P
SC SCH TC-24	Commercials Credit	t					P	P
SC SCH TC-25	Motion Picture Credits	t					P	P
SC SCH TC-26	Venture Capital Investment Credit	t					P	P
SC SCH TC-27	Health Insurance Pool Credit	t					P	P
SC SCH TC-28	SC Quality Forum Credit	t					P	P
SC SCH TC-29	Qualified Retirement Plan Contribution Credit	t					P	P
SC SCH TC-3	Water Resources Credit	t					P	P
SC SCH TC-31	Retail Facilities Revitalization Credit	t					P	P
SC SCH TC-32	Premarital Preparation Course Credit	t					P	P
SC SCH TC-35	Alternative Motor Vehicle Credit	t					P	P
SC SCH TC-36	Industry Partnership Fund Credit	t					P	P
SC SCH TC-38	Solar Energy, Small Hydropower System, or Geothermal Machinery and Equipment Credit	t		t			P	P
SC SCH TC-4	New Jobs Credit	t					P	P
SC SCH TC-43	Residential Retrofit Credit	t					P	P
SC SCH TC-44	Excess Insurance Premium Credit	t					P	P
SC SCH TC-5	Scenic Rivers Tax Credit	t					P	P
SC SCH TC-53	Energy Efficient Manufactured Home Credit	t					P	P
SC SCH TC-60	South Carolina Earned Income Tax Credit	t					P	P
SC SCH TC-62	Preceptor Credit	t					P	P
SC SCH TC-63	South Carolina Housing Tax Credit	t					P	P
SC SCH TC-9	Credit for Child Care Program	t					P	P
SC1040	Individual Income Tax Return	t					P	P
SC1040ES	Individual Declaration of Estimated Tax	t					P	P
SC1040TC	Tax Credits	t				t	P	P
SC1040-V	Individual Income Tax Payment Voucher	t					P	P
SC1041	Fiduciary Income Tax Return					t	P	P
SC1041 K-1	Beneficiary’s Share of South Carolina Income, Deductions, Credits, etc.					t	P	P
SC1041ES	Fiduciary Declaration of Estimated Tax					t	P	P
SC1041-V	Fiduciary Income Tax Payment Voucher					t	P	P
SC1065 K-1	Partner’s Share of South Carolina Income, Deductions, Credits, etc.				t		P	P
SC1065-V	Partnership Tax Payment Voucher				t		P	P
SC1120-CDP	Corporation Declaration of Estimated Income Tax		t	t			P	P
SC1120S K-1	Shareholder’s Share of South Carolina Income, Deductions, Credits, etc.			t			P	P
SC1120S-WH	Withholding Tax on Income of Nonresident Shareholders			t			r	P
SC1120-T	Application for Automatic Extension of Time to File Corporation Tax Return		t	t			P	P
SC1120-V	Corporate Income Tax Payment Voucher		t	t			r	P
SC2210	Underpayment of Estimated Tax by Individuals, Estates, and Trusts	t				t	P	r
SC2220	Underpayment of Estimated Tax by Corporations		t	t			P	r
SC2848	Power of Attorney and Declaration of Representative	t	t	t	t	t	r	P
SC41	Fiduciary Report of Nonresident Beneficiary Tax Withheld					t	r	P
SC4562	Depreciation and Amortization	t	t	t	t	t	P	P
SC4852	Substitute for Form W-2 Wage and Tax Statement	t					r	P
SC4868	Request for Extension of Time to File South Carolina Individual Income Tax Return	t					P	r
SC4972	Tax on Lump-Sum Distributions	t					P	r
SC8453	Individual Income Tax Declaration for Electronic Filing	t					r	P
SC8453C	Corporate Income Tax Declaration for Electronic Filing		t	t			r	P
SC8736	Request for Extension of Time to File South Carolina Return for Fiduciary and Partnership				t	t	r	P
Schedule AMD	Amended Return Schedule	t					P	P
Schedule NR	Nonresident Schedule	t					P	P

Modified Form

Form SC 3911 has been renamed "Report a Missing Refund." (Form SC 3911 was formerly "Individual Income Tax Refund Tracer.")

Program Update

Taxpayers with a taxable income of $17,330 or less in South Carolina are not eligible to benefit from the 3% rate for active or business income on SC Form I-335, Active Trade or Business Income Reduced Rate Computation.

Tax Law Changes

• Dependent exemptions have been increased to $4,790.

• The 2024 top marginal individual income tax rate has been reduced to 6.2%.

• The volunteer deduction for certain public servants has increased to $6,000.

• The subsistence allowance for certain public servants has increased to $16 each workday.

• The Classroom Teacher Expenses Credit maximum allowable credit has increased to $400.