Search results
2023 Tax Rate Schedule for taxable income of $100,000 or more. Important: You must use the Tax Tables instead of this Tax Rate Schedule if your taxable income is less than $100,000. Use this Tax Rate Schedule for any filing status claimed on the SC1040.
REDUCTION IN THE INCOME TAX RATES – For tax year 2023, the top marginal Individual Income Tax rate changed to 6.4%. Use the SC1040TT, 2023 South Carolina Individual Income Tax Tables, available at dor.sc.gov/forms, to determine your tax.
The 2023 tax rates and thresholds for both the South Carolina State Tax Tables and Federal Tax Tables are comprehensively integrated into the South Carolina Tax Calculator for 2023. This tool is freely available and is designed to help you accurately estimate your 2024 tax return .
Individual Income Tax rates range from 0% to a top rate of 7% on taxable income for tax years 2021 and prior, from 0% to a top rate of 6.5% on taxable income for tax year 2022, and from 0% to a top rate of 6.4% on taxable income for tax year 2023. Tax brackets are adjusted annually for inflation.
Download or print the 2023 South Carolina Form SC1040TT (SC1040 Tax Tables) for FREE from the South Carolina Department of Revenue.
2023 South Carolina Individual income tax rate schedule. South Carolina uses the following income tax brackets for all taxpayers regardless of their filing status. Tax rate schedules are adjusted annually for inflation. If your taxable income is greater than $100,000 then you must use the computation on the last page of the 2023 tax tables. Print.
The free online 2023 Income Tax Calculator for South Carolina. Learn how to estimate your income tax with easy steps focusing on taxable income and understanding the results.
