WH 1612 the South Carolina Department of Revenue Sctax Form
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People also ask
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What percentage should I use for tax withholding?
U.S. Resident Withholding Tax Generally, you want about 90% of your estimated income taxes withheld and sent to the government.
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What is the South Carolina withholding allowance?
The income tax withholding for the State of South Carolina includes the following changes: The maximum standard deduction in the case of any exemptions has changed from $4,580 to $6,475. The exemption allowance has changed from $2,750 to $4,310. The table for State income tax withholding calculation has changed.
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How many allowances should I claim on withholding?
If you want to get close to withholding your exact tax obligation, then claim 2 allowances for both you and your spouse, and then claim allowances for however many dependents you have (so if you have 2 dependents, you'd want to claim 4 allowances to get close to withholding your exact tax obligation).
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Why did I get a check from South Carolina Department of Revenue?
Your refund is mailed with a check to the address listed on your Income Tax return. Once you receive your check in the mail, you must deposit the check into your bank account or cash it using a check-cashing service. Refunds from most error-free returns will be processed in up to 8 weeks.
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Where to mail SC WH 1612?
Mail your Form 1099s along with Form WH-1606 and Form WH-1612 to the following address. SCDOR, PO Box 125, Columbia SC 29214-0022.
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Is it better to claim 1 or 0 allowances?
Claiming more allowances will lower the amount of income tax that's taken out of your check. Conversely, if the total number of allowances you're claiming is zero, that means you'll have the most income tax withheld from your take-home pay.
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What percent of tax is taken out of a paycheck in South Carolina?
South Carolina's income tax rates vary from 3% on taxable income ranging from $3,200 to $16,039 to 6.5% on taxable income exceeding $16,039. The Palmetto State imposes a 6% sales tax rate, but it's important to consider local variations.
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Why am I getting a letter from the South Carolina Department of Revenue?
Common reasons the SCDOR may send you a notice: You have a balance due. You are due a larger or smaller refund. We have a question about your return or need additional information or documents.
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