South Carolina State Income Tax Information
|State Tax Withholding State Code:||45|
|Acceptable Exemption Form:||WH 1602|
|Basis For Withholding:||State Exemptions|
|Acceptable Exemption Data:||0 / Number of Exemptions|
|Special Coding:||Determine the Total Number Of Allowances field as follows: First Position - Enter 0 (zero). Second and Third Positions - Enter the number of exemptions claimed.|
|Withholding Formula (Effective Pay Period 4, 1998)|
- Subtract the biweekly Thrift Savings Plan contribution from the gross biweekly wages.
- Subtract the nontaxable biweekly Federal Health Benefits Plan payment(s) (includes dental and vision insurance program, and flexible spending account - health care and dependent care deductions) from the amount computed in Step 1.
- Add taxable fringe benefits (taxable life insurance, etc.) to the adjusted gross biweekly wages.
- Multiply the adjusted gross biweekly wages by 26 to obtain the annual wages.
- Determine the standard deduction by applying the following guideline and subtract this amount from the annual wages.
|If The Number of Exemptions
|Subtract This Amount:2|
|1 or more||10% of annual wages or $2,600|
|1 Use annual wages when no exemptions are claimed.
2 Use the lesser amount.
- Determine the exemption allowance by applying the following guideline and subtract this amount from the result of step 3 to compute the taxable income.
Exemption Allowance = $2,300 x Number of Exemptions
- Apply the taxable income computed in step 4 to the following table to obtain the South Carolina tax withholding.
|Tax Withholding Table|
|If the Amount of
Taxable Income Is:
|The Amount of South Carolina
Tax Withholding Should Be:
- Divide the annual South Carolina tax withholding by 26 to obtain the biweekly South Carolina tax withholding.