Q. Will I end up paying more taxes?
A. Probably, but just a little.
SC has a progressive income tax, the graduated state individual income tax ranges from 0.00% to 6.3%. North Carolina has a flat individual income tax rate of 4.50%. The SC 6.3% rate starts at $17,330 taxable income.
NC will not give you a full credit for all the tax you pay to SC. The credit is limited to the amount of NC tax on the same income.
