South Carolina Code of Laws
Chapter 8 - Income Tax Withholding
Section 12-8-1040. Waiver of withholding requirements.

An employee may request waiver of the withholding requirements in Section 12-8-520 if the employee files a withholding exemption certificate annually on or before January 1 and certifies that he:
(1) incurred no liability for income tax imposed under Chapter 6 of Title 12 in the previous taxable year; and
(2) anticipates no income tax liability for the current year.
HISTORY: 1995 Act No. 76, Section 2.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 12 - Taxation

Chapter 8 - Income Tax Withholding

Section 12-8-10. Definitions.

Section 12-8-510. Parties subject to withholding laws.

Section 12-8-520. Incomes subject to withholding and amounts to be withheld.

Section 12-8-530. Withholding on cash prizes or winnings; noncash prizes; exception for spectator sporting events where admission charged.

Section 12-8-540. Withholding for rent or royalty payments to nonresident; exemptions; revocation of exemption.

Section 12-8-550. Withholding for nonresident temporarily conducting business or performing personal services; exemption; revocation of exemption.

Section 12-8-560. Partial or total exemptions of classes of transactions; exemption for portion of transaction not taxable in State; waiver of withholding if compliance guaranteed and certain items given to department.

Section 12-8-570. Withholding by trust or estate from distribution to nonresident beneficiary; exemptions.

Section 12-8-580. Withholding by buyer of real property or associated tangible personal property from nonresident seller.

Section 12-8-590. Tax withholding on distributions to nonresidential shareholders of "S" corporations and nonresident partners; returns.

Section 12-8-595. Withholding on wages paid to individual failing to provide taxpayer identification number or social security number; penalties against withholding agents.

Section 12-8-600. Withholding from any type of payment included in state gross income not specified in chapter; agreement by payee and payor; properly executed withholding exemption certificate deemed request for withholding.

Section 12-8-1010. Withholding exemptions and exemption certificates.

Section 12-8-1020. Change in exemptions; decrease.

Section 12-8-1030. Incorrect withholding exemption certificate; notification of department; determination of number of exemptions to be allowed; appeal by employee.

Section 12-8-1040. Waiver of withholding requirements.

Section 12-8-1050. Withholding on wages paid for period which is not payroll period; withholding on wages paid without regard to any period; withholding in miscellaneous payroll period.

Section 12-8-1060. Estimated quarterly payments by employer of withholding.

Section 12-8-1070. Manner of withholding and amount deducted and withheld determined according to rules or regulations of department.

Section 12-8-1080. Agreement between department and U.S. Secretary of Treasury regarding withholding.

Section 12-8-1510. Inapplicability of article's provisions to withholding.

Section 12-8-1520. Withholding agents' duties to deposit and pay withholdings.

Section 12-8-1530. Quarterly returns; agent to continue to file reports until certain events occur.

Section 12-8-1540. Agents shall furnish statements to taxpayers and department; contents.

Section 12-8-1550. Due date for statements filed with department; recapitulation and reconciliation statement; request for filing extension.

Section 12-8-2010. Liability of agent failing to withhold or pay tax.

Section 12-8-2020. Refund of credit for overpayment.

Section 12-8-2030. Amount withheld held in trust for State; lien on property of agent for amount withheld; recording of lien.

Section 12-8-2040. Quarterly return, annual reconciliation, and form filed in connection with withholding considered returns.