Form Sc Sch Tc4-Sa - Alternative Small Business Job Tax Credit - State Of South Carolina Department Of Revenue Page 3

ADVERTISEMENT

STEP 2 (continued), PART B - COMPUTING JOBS OVER THE 120% THRESHOLDS:
FULL TIME EMPLOYEES OVER THE 120% THRESHOLD IN EACH MONTH (Enter 0.5 for each qualifying part time job)
PRIOR
YEAR
YEAR
YEAR
YEAR
YEAR
YEAR
YEAR
1
2
3
4
5
6
MONTH
1
2
3
4
5
6
7
8
9
10
11
12
COMPUTATION OF JOBS OVER THE 120% THRESHOLD
LINE 1: TOTAL EMPLOYEES
OVER THE 120%
THRESHOLD
LINE 2: DIVIDED BY: NUMBER OF
MONTHS IN OPERATION
LINE 3: MONTHLY AVERAGE OF
EMPLOYEES OVER THE
THRESHOLD
NOTE: Round down to the next whole number. Enter -0- if the increase is less than 2. You do not qualify for the 100% credit
for that tax year.
LINE 4: LESS: PREVIOUS YEAR
AVERAGE
(line 3 of previous column)
LINE 5: AVERAGE INCREASE IN
EMPLOYEES OVER THE
THRESHOLD
LINE 6: YEAR 1 INCREASE
LINE 7: YEAR 2 INCREASE
LINE 8: YEAR 3 INCREASE
LINE 9: YEAR 4 INCREASE
LINE 10: YEAR 5 INCREASE
LINE 11: YEAR 6 INCREASE
LINE 12: JOBS QUALIFYING FOR 100%
CREDIT (add lines 6 through 11)
34493015

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 4