2010-2013 South Carolina fiduciary income tax rates
If SC1041 taxable income is more than |
But not over |
The tax is |
$0 |
$2,800 |
$0 |
$2,800 |
$5,600 |
3% of taxable income less $84 |
$5,600 |
$8,400 |
4% of taxable income less $140 |
$8,400 |
$11,200 |
5% of taxable income less $224 |
$11,200 |
$14,000 |
6% of taxable income less $336 |
$14,000 |
Or more |
7% of taxable income less $476 |
If SC1041 taxable income is more than |
But not over |
The tax is |
$0 |
$2,850 |
$0 |
$2,850 |
$5,700 |
3% of taxable income less $85 |
$5,700 |
$8,550 |
4% of taxable income less $142 |
$8,550 |
$11,400 |
5% of taxable income less $228 |
$11,400 |
$14,250 |
6% of taxable income less $342 |
$14,250 |
Or more |
7% of taxable income less $485 |
If SC1041 taxable income is more than |
But not over |
The tax is |
$0 |
$2,760 |
$0 |
$2,760 |
$5,520 |
3% of taxable income less $83 |
$5,520 |
$8,280 |
4% of taxable income less $138 |
$8,280 |
$11,040 |
5% of taxable income less $221 |
$11,040 |
$13,800 |
6% of taxable income less $331 |
$13,800 |
Or more |
7% of taxable income less $470 |
If SC1041 taxable income is more than |
But not over |
The tax is |
$0 |
$2,740 |
$0 |
$2,740 |
$5,480 |
3% of taxable income less $82 |
$5,480 |
$8,220 |
4% of taxable income less $137 |
$8,220 |
$10,960 |
5% of taxable income less $220 |
$10,960 |
$13,700 |
6% of taxable income less $329 |
$13,700 |
Or more |
7% of taxable income less $466 |
SC taxable income equals federal form 1041 taxable income adjusted for fiduciary adjustments. See SC1041 form and instructions for details.
For reporting South Carolina Estates and Trusts income tax.