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SC information letter #20-15
South Carolina Department of Revenue
South Carolina Department of Revenue
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Adobe PDF, 102.64 KB
Abstract
Due to unprecedented closings of businesses during the Coronavirus (COVID-19) pandemic, the number of individuals applying for unemployment benefits has significantly increased since March 2020. The purpose of this Information Letter is to remind individuals of the taxability of unemployment compensation and the option to elect withholding or make estimated tax payments to reduce any potential tax payment due when filing next year’s South Carolina individual income tax return.
Issue Date
6/12/2020
Keywords
South Carolina Department of Revenue--Periodicals, Unemployment insurance--Taxation--South Carolina, Income tax--South Carolina, Coronavirus infections--South Carolina
Type
Text
Rights
Records, documents, and information made available by the agencies of the South Carolina state government or its subdivisions are made accessible through the South Carolina State Library Depository and are protected under U.S. Copyright law (Title 17, U.S.C.) and South Carolina state law (Title 30 and 60, S.C.C.L.). Distribution rights are determined by the agency or author and users should contact the aforementioned for more information.
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