There is allowed as a nonrefundable credit against the tax imposed pursuant to Section 12-6-510 on a full-year resident individual taxpayer an amount equal to one hundred twenty-five percent of the federal earned income tax credit (EITC) allowed the taxpayer pursuant to Internal Revenue Code Section 32.
S.C. Code Ann. § 12-6-3632
Earned income tax credit
Known as the South Carolina Income Tax Act
The act spans §§ 12-6-10–12-6-640 (157 sections).
2017 Act No. 40 (H.3516), SECTION 16.A, eff May 10, 2017.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.