Instructions For Form Pt-401-I - Tax Exemption Application printable pdf download

PT-401-I

(Rev. 9/97)

APPLICATION FOR EXEMPTION INSTRUCTIONS

7017

The "Tax Exemption Application", PT-401, must be completed by the owner or an agent. In order for the application to be

accepted, all applicable areas must be completed. All incomplete applications will be returned, causing a delay in

our consideration.

Mail to: South Carolina Department of Revenue, Property Division, Columbia, South Carolina 29214-0303.

PLEASE PRINT ALL REQUESTED INFORMATION

A. INSTRUCTIONS:

INSTRUCTION NUMBERS CORRESPOND TO THE APPLICATION FORM.

1. LEGAL OWNER, ADDRESS, SOCIAL SECURITY NUMBER, AND FEDERAL IDENTIFICATION NUMBER MUST

BE SUPPLIED.

1A. INDICATE THE YEAR(S) APPLYING FOR.

2. IF REQUESTING EXEMPTION FOR REAL PROPERTY, IDENTIFY DATE THE REAL ESTATE WAS ACQUIRED.

3. LIST THE 2 DIGIT APPLICATION CODE AND SC CODE SECTION FROM ITEM B, BELOW, AS IT APPLIES TO

THE PROPERTY.

4. LIST THE COUNTY IN WHICH THE PROPERTY IS LOCATED OR REGISTERED.

5. GIVE THE LOCATION OF PROPERTY, IF DIFFERENT FROM MAILING ADDRESS.

6. THIS INFORMATION IS AVAILABLE FROM YOUR COUNTY ASSESSOR.

7. IF YOU ARE APPLYING FOR AN EXEMPTION FOR REAL ESTATE, CHECK APPLICABLE BOXES.

8. THIS INFORMATION IS AVAILABLE FROM YOUR COUNTY ASSESSOR.

9. LIST ALL INFORMATION AS REQUESTED CONCERNING PERSONAL PROPERTY. VEHICLE IDENTIFICATION

NUMBER (VIN), NOT LICENSE TAG NUMBER. TYPE OF VEHICLE AS FOLLOWS: AUTOMOBILE-01, BUS-02,

AIRPLANE-03, BOAT-04, AMBULANCE-05, VAN-06, TRUCK-07, MOTOR HOME-08, MOTORCYCLE-09,

FURNITURE AND FIXTURES-20, OTHER-99. YEAR AND MAKE MUST BE SUPPLIED.

10. FOR ORGANIZATIONS APPLYING FOR FURNITURE AND FIXTURES, ATTACH A SEPARATE SHEET.

IDENTIFY ITEM(S), DATE OF ACQUISITION, COST AT ACQUISITION, ACCUMULATED DEPRECIATION AND

NET VALUE.

CLASSIFICATIONS OF EXEMPT PROPERTY:

SC CODE

SECTION

12-37-220

EXPLANATION

(A) 2*

All property of schools, colleges, and other institutions of learning and all charitable institutions in the nature of

hospitals and institutions caring for the infirmed, the handicapped, the aged, children and indigent persons,

except where the profits of such institutions are applied to private use.

(A) 3

Public libraries; churches; burying grounds and parsonages. Also see code Section 12-37-220 (A)10 and

(B)31.

(A) 4*

Charitable trusts and foundations used exclusively for charitable and public purposes. See Code Section

12-27-220 (A)10.

(B) 1(a)

Applies to 100% totally and permanently disabled service connected veterans (exemption passes to widow)

widow of law enforcement officer or serviceman killed in action.

(B) 1(b)

Exemption for legal residence and up to one acre of land

(B) 1(c)

Certification from Veteran's Administration or law enforcement official documenting the provisions of (a).

Include effective date of disability for veterans or date of death or serviceman or law enforcement officer killed

in the line of duty.

(B) 2

Legal residence and lot, not to exceed one acre, of a paraplegic or hemiplegic. Applicant must own and live in

this home. Surviving spouse also qualifies for exemption, if not remarried. Statement from physician certifying

paraplegia or hemiplegia must accompany application with effective date of disability. The dwelling house of a

paraplegic or hemiplegic person which is exempt from property taxes is also exempt if the house is held in trust

for that person's benefit.

(Continued on Back)

Instructions For Form Pt-401-I - Tax Exemption Application

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