Form Sc1040tc Worksheet Instructions - Credit For Taxes Paid To Another State - South Carolina Department Of Revenue Page 3

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CREDIT DESCRIPTIONS
CODE TITLE: Description. (Form)
CODE TITLE: Description. (Form)
041 RENEWABLE FUEL FACILITY CREDIT: For constructing
054 CLEAN ENERGY CREDIT: For investing in production of
a renewable fuel production or distribution facility in South
clean energy systems or components. (TC-54) You must
Carolina. (TC-41)
file TC-54A to have this credit preapproved.
043 RESIDENTIAL RETROFIT CREDIT: For retrofitting a
055 ABANDONED BUILDINGS REVITALIZATION CREDIT:
residence to make it more resistant to loss due to hurricane,
For rehabilitating an abandoned building. (TC-55)
rising floodwater, or other catastrophic windstorm event.
(TC-43)
056 ANGEL INVESTOR CREDIT: For investing in certain types
of businesses. (TC-56) You must file TC-56A to have this
045 APPRENTICESHIP CREDIT: For employing an apprentice.
credit preapproved.
(TC-45)
057 EDUCATIONAL CREDIT FOR EXCEPTIONAL NEEDS
046 CREDIT FOR SHAREHOLDER OF S CORPORATION
CHILDREN (NONREFUNDABLE): For contributing money
BANKS: For shareholders of S corporations operating as
to a nonprofit scholarship funding organization to benefit
banks. (TC-46)
exceptional needs children. This nonrefundable credit is
limited to 60% of your tax liability. You must file TC-57A to
048 PLUG-IN
HYBRID
VEHICLE
CREDIT:
For
in-state
have this credit preapproved.
purchase or lease of a plug-in hybrid vehicle. You must file
TC-48A to have this credit preapproved.
058 SOLAR ENERGY PROPERTY CREDIT: For a taxpayer
who constructs, purchases or leases energy property
051 VENISON FOR CHARITY CREDIT: $75 for each carcass of
located on the EPA's National Priority List, National Priority
deer meat prepared by a licensed meat packer, butcher or
List Equivalent site, or certified DHEC site. (TC-58) You
processing plant for charity. (TC-51)
must file TC-58A to have this credit preapproved.
052 FIRE SPRINKLER SYSTEM CREDIT: 25% of costs of
voluntarily installing a fire sprinkler system in a structure.
059 ALTERNATIVE FUEL PROPERTY CREDIT: For a
(TC-52)
taxpayer who purchases or constructs, installs and places
in service in this State eligible property that is used for
053 ENERGY EFFICIENT MANUFACTURED HOME CREDIT:
distribution, dispersing, or storing alternative fuel at a new
$750 credit for new purchase of an Energy Star
or existing fuel distribution or dispensing facility. (TC-59)
manufactured home. (TC-53)

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