Sc Form Fs 102 PDF Details

Navigating the landscape of tax payments in South Carolina has been made more structured with the introduction of the FS-102 Payment Plan Request form, a vital tool for individuals and businesses needing to manage their tax liabilities more effectively. The State of South Carolina Department of Revenue encourages taxpayers to take advantage of this form to establish a manageable payment schedule, thereby avoiding the accumulation of penalties and interest that could further complicate one's financial situation. With options for both electronic and traditional mail submission, the form provides flexibility in how taxpayers can opt to settle their dues. Notably, the form outlines specific directions regarding payment methods, including direct deductions from bank accounts or payments via check, money order, or online transactions, all of which are designed to streamline the payment process. Additionally, the form mandates a nonrefundable $45.00 Payment Plan fee for both Income and Business balance payments, underlining the commitment of the taxpayer to adhere to the agreed-upon schedule. The feature of determining monthly payments based on the total balance due and the option to select a specific day of the month for automatic payments further customize the payment plan to suit individual needs. However, it’s not just about making payments easier; the FS-102 form also details the repercussions of failing to meet payment obligations, including the potential cancellation of the agreement and the accrual of additional penalties and interest. Furthermore, the submission of this form signifies an understanding that any state or federal tax refunds could be applied against the outstanding balance, and liens could be placed on property, negatively impacting credit ratings. This approach by the Department of Revenue underscores the significance of maintaining a transparent and consistent communication channel between the taxpayer and the authorities, facilitated by the comprehensive design of the FS-102 form.

QuestionAnswer
Form NameSc Form Fs 102
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other names 1350 STATE OF SOUTH CAROLINA FS-102 DEPARTMENT OF REVENUE ...

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1350

 

STATE OF SOUTH CAROLINA

 

FS-102

 

 

 

 

 

DEPARTMENT OF REVENUE

 

dor.sc.gov

 

PAYMENT PLAN REQUEST

 

(Rev. 2/26/21)

 

 

2094

 

 

 

 

 

 

 

 

STOP! Save time and complete this online instead at dor.sc.gov/PayPlan.

Businesses must contact us before completing this form. Find phone numbers and locations at dor.sc.gov/contact.

A nonrefundable $45.00 Payment Plan fee will be applied to Income and Business balances.

How will you pay? (check one)

Pay using your bank information. No down payment required. Payments are automatically drafted on the date you select. Enter your banking information below.

Pay by check or money order (made payable to SCDOR) or online at dor.sc.gov/pay. A down payment is required for this payment option and payment must be attached:

•20% of your total balance for Individual Income Tax payment plans

•10% of your total balance for GEAR payment plans

First and Last Name or Business Name

Address

 

 

Checking

 

Savings

IMPORTANT: If accepted, we will process your down payment

 

 

 

 

 

 

immediately and send you your payment schedule.

 

 

 

 

 

 

 

 

 

 

 

Bank Name (No reloadable debit accounts.)

Routing Number (Account must be in US.)

Account Number

Date

SSN/FEIN

Email Address

Phone Number

Your Total Balance Due

Your Monthly Payment Amount (use table below to determine)

What day of the month should we process your payment? Choose a day between the 1st and 28th.

Payment Plan Terms

 

 

 

 

 

 

 

Business Taxes STOP! Contact us before completing this form. Visit dor.sc.gov/contact.

 

 

 

 

 

Individual Taxes

 

 

 

 

 

 

 

 

Balance Due

Maximum Pay Plan Length

The length of time you have to pay is based on your

 

 

 

 

 

$0 - $999

12 month payment plan

balance due. Calculate your monthly payment by dividing

 

 

 

 

 

$1,000 - $4,999

24 month payment plan

your Balance Due by the number of months listed in the

 

 

 

 

 

 

 

$5,000 - $9,999

36 month payment plan

corresponding Maximum Pay Plan Length column.

 

 

 

 

 

 

 

 

 

$10,000 and above

48 month payment plan

 

 

 

 

 

 

 

 

 

By submitting this request, I understand:

•The SCDOR will withdraw funds as outlined above every month until my balance is paid.

•If I miss a payment or accrue more debt, this agreement will be canceled.

•Penalty and interest will accrue until my balance is paid, which may increase the number of monthly payments.

•I cannot appeal this balance after submitting a payment plan and I will receive an immediate assessment.

•My balance due includes the amount due on the return, late fees, proposed assessments, assessments, and liens.

•My state or federal Individual Income Tax refund may be held and applied to my balance due.

•Liens may be filed and recorded for all amounts owed. Lien cost will be added to my balance. Liens will negatively affect my credit rating or the credit rating of my company.

By submitting this request, I authorize:

1.The SCDOR and its designated financial agents to draft payments from my bank based on the terms above.

2.The financial institutions involved in processing to receive confidential information related to my payment.

This authorization can be canceled up to five business days before your payment is drafted. Cancellations must be

made in writing and can be emailed to PPARequest@dor.sc.gov.

Your Signature

Spouse's Signature (If applicable)

Date

Mail your completed request to SCDOR, Payment Plan, PO Box 125, Columbia, SC 29214-0217. Questions: Call 803-898-2222 or email PPARequest@dor.sc.gov

20941027

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