South Carolina Income Tax Credit

South Carolina has increased the college tuition tax credit. To help ease the financial burden for South Carolina college students and their families, the South Carolina General Assembly has recently increased its income tax credit for eligible students for tuition paid to South Carolina colleges and universities.

To claim up to $1,500 in tuition tax credits, a Form SC 1040 must be filed. When preparing the South Carolina income tax return, Form I-319 Tuition Tax Credit must be completed. This form is included with all state individual income tax booklets. To determine if you are eligible, and for more information about the tax credit, please visit the South Carolina Department of Revenue Tuition Tax Credit website.

This enhanced tax credit is now in effect for currently enrolled students who meet the statutory eligibility.