South Carolina does not comply with Federal law.
South Carolina Capital Gains
If you are selling your home in South Carolina or considering buying an investment property here, you should know that South Carolina does, indeed, have a capital gains tax, too.
South Carolina levies a 7% long-term capital gains tax. There is no exemption for primary residences, so any property you sell will cost you 7% on any difference between the price you paid and your selling price.
SC CG
