South Carolina Income Tax Rate 2024 - 2025
South Carolina state income tax rate table for the 2024 - 2025 filing season has three income tax brackets with SC tax rates of 0%, 3% and 6.2% for Single, Married Filing Jointly, Married Filing Separately, and Head of Household statuses. The top South Carolina tax rate decreased from 6.4% to 6.2% this year. A couple of years ago, the number of SC tax brackets decreased from six to three.
South Carolina income tax rate and tax brackets shown in the table below are based on income earned between January 1, 2024 through December 31, 2024. Outlook for the 2025 South Carolina income tax rate is to decrease further from 6.2% to 6.1%. Recent legislation titled the South Carolina Income Tax Act stipulates a 0.10% income tax rate reduction until a 6% target is reached.
| Income Tax Bracket | Tax Rate 2024 | ||
|---|---|---|---|
| $0 | to | $3,460 | 0% |
| $3,461 | to | $17,330 | 3% |
| $17,331 | to | ∞ | 6.2% |
| Income Tax Bracket | Tax Rate 2024 | ||
|---|---|---|---|
| $0 | to | $3,460 | 0% |
| $3,461 | to | $17,330 | 3% |
| $17,331 | to | ∞ | 6.2% |
| Income Tax Bracket | Tax Rate 2024 | ||
|---|---|---|---|
| $0 | to | $3,460 | 0% |
| $3,461 | to | $17,330 | 3% |
| $17,331 | to | ∞ | 6.2% |
| Income Tax Bracket | Tax Rate 2024 | ||
|---|---|---|---|
| $0 | to | $3,460 | 0% |
| $3,461 | to | $17,330 | 3% |
| $17,331 | to | ∞ | 6.2% |
Source: 2024 Form SC 1040ES, 2024 Tax Computation Schedule for South Carolina Residents and Nonresidents, published by the South Carolina Department of Revenue.
Please reference the South Carolina tax forms and instructions booklet published by the South Carolina Department of Revenue to determine if you owe state income tax or are due a state income tax refund. South Carolina income tax forms are generally published at the end of each calendar year, which will include any last minute 2024 - 2025 legislative changes to the SC tax rate or tax brackets. The South Carolina income tax rate tables and tax brackets shown on this web page are for illustration purposes only.
South Carolina Tax Brackets 2024 - 2025
Looking at the tax rate and tax brackets shown in the tables above for South Carolina, we can see that South Carolina collects individual income taxes similarly for Single versus Married filing statuses, for example. We can also see the progressive nature of South Carolina state income tax rates from the lowest SC tax rate bracket of 0% to the highest SC tax rate bracket of 6.2%.
For single taxpayers living and working in the state of South Carolina:
- Tax rate of 0% on the first $3,460 of taxable income.
- Tax rate of 3% on taxable income between $3,461 and $17,330.
- Tax rate of 6.2% on taxable income over $17,330.
For married taxpayers living and working in the state of South Carolina:
- Tax rate of 0% on the first $3,460 of taxable income.
- Tax rate of 3% on taxable income between $3,461 and $17,330.
- Tax rate of 6.2% on taxable income over $17,330.
For the Single, Married Filing Jointly, Married Filing Separately, and Head of Household filing statuses, the SC tax rates remain the same. Notice also that the Single, Married Filing Jointly, Married Filing Separately, and Head of Household income tax brackets are the same in the state of South Carolina.
Last updated: December 5, 2024
References:
- South Carolina Income Tax Act. South Carolina Code of Laws, Section 12-6-510 Tax Rates and Imposition. Retrieved December 5, 2024.
- Top Marginal Tax Rate Phase-down (pdf). South Carolina Department of Revenue, Tax Policy Services. Retrieved December 5, 2024.
- Tax Reform. South Carolina Chamber of Commerce. Retrieved December 5, 2024.
- What is South Carolina Individual Income Tax?. South Carolina Department of Revenue, Individual Income Tax. Retrieved December 5, 2024.
- South Carolina Tax Guide. Kiplinger Personal Finance, State Taxes. Retrieved December 5, 2024.