MayaD
Expert Alumni

Retirement tax questions

It is per Individual.

Retirement Income Tax Deduction: An individual taxpayer receiving income from a qualifying retirement account may deduct up to $3,000 of qualifying retirement income annually until reaching age 65, and up to $10,000 annually after reaching age 65.

For all 5 South Carolina Individual Income Tax deductions and exemptions, check : SC Department of revenue

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"