2015 South Carolina Tax Guide

Looking for South Carolina state tax information? In this article, you will find the latest resources on state tax, unemployment, income tax and more. South Carolina Department of Revenue
Employment Security Commission

South Carolina Withholding Requirements:

Register as an employer by filling out Form SCTC-111. Employee's Withholding Allowance Certificate: Federal W-4

Withholding Method = formula

Supplemental Rate = Withhold at 7.0%.

South Carolina Local Taxes:

None

South Carolina State Unemployment Insurance (SUI):

Benefit ratio formula
Wage Base is $12,000 for 2014 and $14,000 for 2015
Contribution rates range from .089% to 7.805% for 2014 and .046% to 6.03% for 2015
New employers use 1.996% for 2014 and 1.55% for 2015
Rates include the administrative assessment and interest surcharge.

South Carolina State Disability Insurance (SDI):

None

South Carolina State Labor Laws:

Minimum wage - The Federal minimum wage rate applies.
Termination Pay - If employee is fired, the employer must pay within 48 hours or by next regular payday, provided that is less than 30 days away.

South Carolina New Hire Reporting:

Employers must report hiring, rehiring, and return to work within 20 days on Form W-4 (or equivalent) to:
Child Support Enforcement Division
Department of Social Services New Hire Reporting Program
P.O. Box 1469
Columbia, SC 29202-1469
Phone: 803-898-9235
Fax: 803-898-9100
To report online click here.

Remit Withholding for South Carolina Child Support to:

Child Support Enforcement Division
Department of Social Services
3150 South Harden Street
P.O. Box 1469
Columbia, SC 29202-146>
Phone: 803-737-5870
To report online click here.

South Carolina Reciprocal States:

None
For paycheck calculation visit the South Carolina Paycheck Calculator of PaycheckCity.