Sc1120S Wh Form PDF Details

Are you looking for an easy and convenient way to report your financial activities to the Internal Revenue Service (IRS)? The SC1120S WH form is a great tool that can help simplify the process and reduce paperwork. Whether you're a business owner managing payroll taxes, or simply filing personal tax returns this form can be used to accurately manage and submit information to the IRS. In this blog post, we will cover what exactly the SC1120S WH form is, why it's important, how it helps with filing taxes so read on!

QuestionAnswer
Form NameSc1120S Wh Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namessc1120s wh fillable pdf, South_Carolina, form sc1120s wh, taxable

Form Preview Example

1350

STATE OF SOUTH CAROLINA

 

DEPARTMENT OF REVENUE

SC1120S-WH

WITHHOLDING TAX ON INCOME OF

(Rev. 8/13/10)

NONRESIDENT SHAREHOLDERS

3312

 

 

Line by Line Instructions

Line 1 The amount from line 5 of SC1120S is South Carolina taxable income. Reduce the amount from line 5 of SC1120S by the amount of directly allocated income. (Taxpayers requesting an extension of time to file SC1120S must estimate an amount of income subject to withholding. Enter this estimated amount on Line 1).

Line 2 The amount on this line is total income allocated to nonresident shareholders.

Line 3 Reduce line 2 by amounts exempt from withholding by affidavit, by composite filing, or real estate gain subject to buyer withholding. Include affidavits if not previously filed.

File this return and pay withholding tax due by the fifteenth day of the third month following taxable year end of the S corporation.

Mail to: South Carolina Department of Revenue, Corporation, Columbia, SC 29214-0006. Include Business Name, FEIN, and SC File Number.

 

 

USE BLACK INK ONLY

 

 

PLEASE DO NOT CUT, SUBMIT ENTIRE PAGE

1350

 

STATE OF SOUTH CAROLINA

 

 

 

DEPARTMENT OF REVENUE

 

 

WITHHOLDING TAX ON INCOME OF

 

 

NONRESIDENT SHAREHOLDERS

 

 

 

SC1120S-WH

(Rev. 8/13/10)

3312

CLIP CHECK HERE

SC CORPORATE FILE # INCOME ACCT PERIOD END (MM-YY)

FEIN

(Signature of duly authorized officer / taxpayer)

Date

Corporate Name and Address

1.Amount from line 5 of SC1120S (less allocated

income). . . . . . . . . . 1.

2. Line 1 times % of income allocated to non- resident shareholders. . . . . . 2.

3.Amount of line 2 exempt from withholding. Attach statement. See instructions . . . 3.

4.Subtract line 3

from line 2. . . . . . . . 4.

5.Withholding tax

due -line 4 x .05 . . . 5. 14-0822

. 00

. 00

. 00

. 00

. 00

33121021