- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Hi AndrewH1,
Guidance on South Carolina and the unemployment exclusion can be found at
Where It Says:
The South Carolina Department of Revenue (SCDOR) offers filing guidance for those who received unemployment benefits last year.
If you already filed your federal and South Carolina Individual Income Tax returns, you will need to amend your South Carolina return:
- If you filed a federal return that included unemployment compensation, the IRS plans to adjust your return and notify you of the corrections. If you have not received a notice from the IRS and want to go ahead and file, simply subtract the amount of your unemployment compensation, up to $10,200, from your federal taxable income. Include this adjusted amount on your South Carolina amended return.
- If you filed a federal return that excluded unemployment compensation and you added that amount back to your original South Carolina return, you will need to remove any unemployment compensation, up to $10,200, on your South Carolina amended return.
- For faster processing, file your amended SC1040 electronically. Check with your tax preparer or software provider to see if you can file your amended return electronically.
- If you need to file by paper, file a new 2020 SC1040, and check the Amended Return box. Complete the return as it should have been filed, including all schedules and attachments, plus an Amended Return Schedule (Sch. AMD).
- Do not use the SC1040X to amend the 2020 South Carolina Individual Income Tax return.
- If your filing status is married filing jointly and both spouses received unemployment benefits, both can exclude up to $10,200.
- You may need to adjust any income-based nonrefundable tax credits you previously filed, especially the Earned Income Tax Credit, to reflect your lower income.
- Allow a minimum of 12 weeks for your amended South Carolina return to be processed.
Hope that helps,
Ron G, TurboTax Live Tax Expert, CPA
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎September 9, 2021
3:52 PM