INSTRUCTIONS: SOUTH CAROLINA 'C' CORPORATION INCOME TAX RETURN (Form SC 1120)

C corporations doing business in South Carolina can file their state income taxes using a form SC 1120. This document can be obtained from the website of the South Carolina Department of Revenue.

South Carolina 'C' Corporation Income Tax Return SC 1120 Step 1: In the box on the left at the top of the form, enter your South Carolina file number, ending dates of your income tax and license fee periods, federal employer identification number, business name and mailing address.

South Carolina 'C' Corporation Income Tax Return SC 1120 Step 2: If documenting a change of address or accounting period, indicate this with a check mark.

South Carolina 'C' Corporation Income Tax Return SC 1120 Step 3: In the box on the right at the top of the form, enter the county or counties in which your property is located, your city, state and telephone number, and an audit location a contact person.

South Carolina 'C' Corporation Income Tax Return SC 1120 Step 4: Check the box where indicated if filing either an amended or consolidated return.

South Carolina 'C' Corporation Income Tax Return SC 1120 Step 5: Enter your total gross receipts and total depreciable personal property in the state.

South Carolina 'C' Corporation Income Tax Return SC 1120 Step 6: If you are filing a final return, indicate with a check mark if this is because you have merged, reorganized, dissolved or withdrawn.

South Carolina 'C' Corporation Income Tax Return SC 1120 Step 7: Enter your federal taxable income on line 1.

South Carolina 'C' Corporation Income Tax Return SC 1120 Step 8: To complete line 2, you must first complete Schedule A and B on the second page.

South Carolina 'C' Corporation Income Tax Return SC 1120 Step 9: Complete lines 3 through 19 as directed to calculate your income tax liability. To complete line 10, you will first need to complete Schedule C on the second page. Multi-state corporations will also need to complete Schedules E through H on the third page.

South Carolina 'C' Corporation Income Tax Return SC 1120 Step 10: Compute your license fee on lines 20 through 30 as directed. Sign and date the bottom of the first page. All corporations must complete Schedule D on the second page. Consolidated returns require completing Schedule J on the last page.