Rigorously tested for accuracy and speed, this South Carolina salary payroll calculator makes getting everyone paid a much easier process. It’s also backed by a tax database that’s constantly updated with the latest tax data. With so many advanced tools together in one place, you can take guesswork out of the payroll process and eliminate unnecessary frustration along the way.
Below, you’ll find three of the most frequently-asked-questions about our free salary payroll calculator and South Carolina state income taxes:
- How much do South Carolina residents pay in state income taxes?
South Carolina’s state income tax rate ranges from 0% to 7%.
- How does South Carolina tax retirement income?
South Carolina is considered a tax-friendly state for retirees. Social Security benefits are not taxable and residents can deduct up to $15,000 for other types of retirement income.
- Does South Carolina tax capital gains differently than work income?
Yes. Only 56% of an individual’s capital gains are taxable in South Carolina.