State Of South Carolina St455 Form – Fill Out and Use This PDF

The State of South Carolina ST-455 form, as revised on July 18, 2019, is a vital document for businesses operating within the state, facilitating the accurate reporting of sales, use, and maximum taxes to the Department of Revenue. Designed to streamline the tax return process, this form accommodates various scenarios including changes in business address, permanent closure, and amendments to previous submissions. For individuals and entities looking to remain in compliance with state tax laws, the prompt and precise completion of the ST-455 form is essential. Ensure your business follows state guidelines by clicking the button below to fill out your form.

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State Of South Carolina St455 Form PDF Details

In South Carolina, businesses engage in a crucial routine to comply with state tax regulations by using the ST-455 form, an official document revised last on July 18, 2019, from the Department of Revenue. This form serves as a combined State Sales, Use, and Maximum Tax Return, meticulously designed to ensure accurate tax reporting and payment by businesses operating within the state. It encompasses various sections that cater to different business affairs, including changes in address, business closure, and amendments to previous submissions. The thoroughness of the form is evident in its requirement for businesses to declare all gross proceeds from sales, rentals, and even withdrawals for personal use, across different tax rates. Importantly, it also allows for deductions under specified categories, providing a clear net taxable amount which businesses are accountable for. Moreover, the document details the calculation of tax dues, inclusive of local taxes and possible taxpayer discounts for timely filings, alongside penalties and interest for late submissions. The form promotes adherence to local tax laws, especially noting exceptions such as sales of unprepared foods and transactions involving significant taxable items like airplanes and boats. Additionally, it emphasizes the importance of the ST-389 form for local tax computations, underscoring the comprehensive tax framework within South Carolina that businesses must navigate. This article aims to demystify the ST-455 form, offering insights into its various components and their significance to ensure businesses remain compliant with state tax obligations.

Question	Answer
Form Name	State Of South Carolina St455 Form
Form Length	3 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	45 sec
Other names	st 455, south carolina 2019 state tax forms printable pdf, south carolina state withholding form 2018, south carolina form st 455

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1350

STATE OF SOUTH CAROLINA

ST-455

DEPARTMENT OF REVENUE

(Rev. 7/18/19)

STATE SALES, USE, AND MAXIMUM TAX RETURN

dor.sc.gov

5162

Place an X in all boxes that apply.

RETAIL LICENSE OR USE TAX REGISTRATION

AMENDED

Change of Address

Business Permanently Closed

(Make changes to

Date

Return

address below)

(Complete form C-278 and return your license.)

FEIN

If the area below is blank, fill in name and address.

SID Number

Period Ended (MM-YY)

COMPLETE THE WORKSHEET ON THE REVERSE SIDE FIRST.

File online at MyDORWAY.dor.sc.gov

All gross proceeds of sales/rental,

Use Tax and withdrawals for own use

Column A

Column B

(from worksheet Item 3)

Sales/Use 6% (Tax Rate)

Sales/Use 5% (Tax Rate)

1A.

Total gross proceeds of sales/rental,

Use Tax and withdrawals for own use

(from worksheet Item 6 and Item 12)

Total amount of deductions

(from worksheet Item 8 and Item 14)

Net taxable sales and purchases

(subtract line 2 from line 1A for each column)

Tax due: line 3 multiplied by tax rate

Total Sales

Sales and Use Tax due

5.(add line 4 of Columns A and B) Local taxes due

6.(ST-389, page 5, Column B, line 2) Total sales and local taxes

7.(add lines 5 and 6)

Taxpayer's discount (See instructions. For

8.timely filed returns and taxes paid in full only.)

Net tax payable

9.(subtract line 8 from line 7)

		10A	Penalty (see instructions)
		10B	Interest (see instructions)
10	Total penalty and interest
	(add lines 10A and 10B)
11.	Total amount due
	(add lines 9 and 10)

10A.

10B.

10.

11.

IMPORTANT: Sign and date return on reverse side. Attach form ST-593, if applicable.

Mail to:

Balance Due: SCDOR, PO Box 100193, Columbia, SC 29202

Zero Due: SCDOR, PO Box 125, Columbia, SC 29214-0101

51621068

Sales and Use Tax - Worksheet #1

Item 1.

Item 2.

Item 3.

Gross proceeds of sales/rentals and withdrawals for own use	1.
Out-of-state purchases subject to Use Tax	2.
Total - Gross proceeds of sales/rental, Use Tax, and withdrawals for own use	3.
(Add Items 1 and 2. Enter total here and on Iine 1, Column A, on front of ST-455.)

If local tax is applicable, enter the total on ltem 1 of ST-389 worksheet.

Note: Sales of unprepared foods are exempt from the state Sales and Use tax rate. However, local taxes still apply to sales of unprepared foods unless the local tax law specifically exempts such sales. Sales that are subject to a local tax must be entered on the ST-389.

6% Sales and Use Tax - Worksheet #2

Item 4.

Item 5. Item 6.

Item 7.

	Gross proceeds of sales/rentals and withdrawals of inventory for own use	4.
	(Enter sales subject to 6% tax rate requirements.)	4.
	(Enter sales subject to 6% tax rate requirements.)
	Out-of-state purchases subject to Use Tax	5.
	Total gross proceeds at 6% (Add Items 4 and 5. Enter total here and on line 1A,

Column A on front of ST-455.)	6.

Sales and Use tax allowable deductions (Itemize by type of deduction and amount of deduction)

Type of deduction

Amount of deduction

a. Sales Exempt During "Sales Tax Holiday" in August	$
b. Sales over $100 delivered onto Catawba Reservation	$
	$
	$
	$
	$
	$

Item 8. Total amount of deductions (Enter total here and on line 2 of Column A on front of ST-455.)	8.	<	>
Item 9. Net taxable sales and purchases (Subtract Item 8 from Item 6. Enter total here and on
line 3, Column A on front of ST-455.)	9.
line 3, Column A on front of ST-455.)	9.

REMINDER: Form ST-389 must be completed and attached.

I authorize the Director of the SCDOR or delegate to discuss this return, attachments, and related tax matters with the preparer.

Yes

Preparer's name

Phone number

I hereby certify that I have examined this return and to the best of my knowledge and belief it is true and accurate.

Owner, partner, or other title	Printed name	Taxpayer's signature
Daytime phone number	Date	Email

IMPORTANT: Your return is DELINQUENT if it is postmarked after the 20th day of the month following the close of the period. Sign and date the return.

Questions? Call toll-free 1-844-898-8542.

51622066

5% Sales and Use Tax - Worksheet #3

Item 10.	Gross proceeds of sales/rentals and withdrawals for own use	10.
Item 11.	(Enter sales subject to 5% tax rate requirements such as airplanes and boats.)
Item 11.	Out-of-state purchases subject to Use Tax	11.
Item 12.	Total gross proceeds at 5% (Add Items 10 and 11. Enter total here and on line 1A,
	Column B on front of ST-455.)	12.
Item 13.	Sales and Use Tax allowable deductions (Itemize by type of deduction and amount of deduction)
	Type of deduction	Amount of deduction

a. Sales over $100 delivered onto Catawba Reservation	$
	$
	$
	$
	$
	$
	$

Item 14. Total amount of deductions (Enter total here and on line 2 of Column B on front of ST-455.)

Item 15. Net taxable sales and purchases (Subtract Item 14 from Item 12. Enter total here and on line 3, Column B on front of ST-455.)

14.	<		>
15.

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State Of South Carolina St455 Form – Fill Out and Use This PDF

State Of South Carolina St455 Form PDF Details

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