Question
South Carolina Code §12-6-1170(B) provides an income tax deduction of up to $15,000 against
any South Carolina taxable income of a resident individual who is 65 or older by the end of the
tax year. The following requirements apply to this deduction:
Amounts deducted as retirement income under South Carolina Code §12-6-1170(A) reduce
this $15,000 deduction.
Amounts deducted as a surviving spouse under South Carolina Code §12-6-1170(A) do not
reduce this $15,000 deduction.
Taxpayers’ filing a joint return are allowed a deduction of up to $15,000 when only one
spouse is 65 or older, and up to $30,000 when both spouses are 65 or older, by the end of
the tax year.
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