South Carolina employs a graduated income tax system with rates ranging from 0% to 6.5%, which can significantly impact your net income based on your earnings level. While not as complex as some other states, South Carolina's tax code includes various deductions and exemptions that affect your paycheck.
South Carolina Income Tax Highlights
- 0% on the first $3,200 of taxable income
- 3% on taxable income between $3,201 and $6,410
- 4% on taxable income between $6,411 and $9,620
- 5% on taxable income between $9,621 and $12,820
- 6% on taxable income between $12,821 and $16,040
- 6.5% on taxable income over $16,040
These rates apply to residents on all sources of income and to non-residents on South Carolina-sourced income. The state allows for certain deductions and credits that can affect your taxable income.
South Carolina Calculators & Tools
Calculate Your Take-Home Pay
Input your income details and see how much you make after taxes and deductions.
Bonus Calculators
Find out how much your bonus will be taxed.
Net-to-Gross
Find out how much your gross pay should be for a specific take-home pay.
Withholding Forms
Specialty Calculators
Dual Scenario Hourly
Compare your take home pay in different hourly scenarios.
Dual Scenario Salary
Compare your take home pay in different salary scenarios.
401k Calculator
See how increasing your 401k contributions will affect your paycheck and your retirement savings.
Tax Tip Calculator
Determine your take home from tips after taxes
Key Points to remember about the South Carolina Paycheck Structure
- Progressive tax system with six brackets
- Standard deduction of $13,850 for single filers and $27,700 for married couples filing jointly (2024 figures)
- Personal exemption of $4,430 per person (2024 figure)
- No local income taxes at the city or county level
- South Carolina does not tax Social Security benefits
Understanding these aspects of South Carolina's tax landscape is crucial for accurately estimating your net income and managing your finances effectively in the Palmetto State. While South Carolina's tax system is more detailed than some states, it's important to consider the various deductions and credits available to optimize your tax situation.
Learn more about the Payroll Process in South Carolina
Visit the South Carolina Payroll Guide page
Fun Facts
South Carolina is known for its historic cities like Charleston and its beautiful coastal landscapes. The state played a pivotal role in the Civil War. It’s also famous for its golf courses, especially along Myrtle Beach.