Port Cargo Volume Increase Credit Instructions
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1PORT CARGO VOLUME INCREASE CREDIT INSTRUCTIONS
To claim your Port Cargo Volume Increase Credit, use figures filed from the WH-1605, WH-1605Z, WH-1606, or
WH-1606Z return that was filed in the same quarter that the Port Cargo Volume Increase Credit is being claimed. Use the
amount from Form WH-1605 or Form WH-1605Z when claiming this Credit in the first, second, or third quarter. Use the
amount from the WH-1606 or WH-1606Z return when claiming this Credit in the fourth quarter.
Part I. Withholding
Line 1
Enter figure entered in line 2 of WH-1605 or line 4 of WH-1605Z of the corresponding quarter when claiming
first, second or third quarter credit. Enter figure entered in line 2 of WH-1606 or line 4 of the WH-1606Z when
claiming credits in the fourth quarter
Line 2
Enter figure entered in line 4 of WH-1605 or line 6 of WH-1605Z of the corresponding quarter when claiming
first, second or third quarter credit. Enter figure entered in line 4 of WH-1606 or line 6 of the WH-1606Z when
claiming credits in the fourth quarter
Line 3
Add line 1 and line 2
Line 4
Enter figure entered in line 3 of WH-1605 or line 5 of WH-1605Z of the corresponding quarter when claiming
first, second or third quarter credit. Enter figure entered in line 3 of WH-1606 or line 5 of the WH-1606Z when
claiming credits in the fourth quarter
Line 5
Deduct line 4 from line 3
Part II. Port Cargo Volume Increase Credit
Line 6
Enter Port Cargo Volume Increase Credit approved by Department of Commerce.
Line 7
Enter only the Port Cargo Volume Increase Credit that was/were claimed in prior quarter(s) during the
calendar Tax Year.
Line 7a
Enter amount in line 9 claimed in the Port Cargo Volume Increase Credit return
Line 7b
Enter amount in line 9 claimed in the Port Cargo Volume Increase Credit return
Line 7c
Enter amount in line 9 claimed in the Port Cargo Volume Increase Credit return
Line 8
Deduct Line 7a thru Line 7c from Line 6
Part III. Refund Amount
Line 9
Enter smaller amount between Line 5 and Line 8
Part IV. Credits Carried Forward to the Next Quarter
Port Cargo Volume Increase Credit for withholding may not be carried forward from the fourth quarter to the first quarter of
the following year against withholding. If the credit exceeds the taxpayer's withholding tax liability for the year, the excess
amount may be carried forward and claimed against income taxes in the next five succeeding tax years. No carryover
to another year is allowed against withholding taxes.
Line 10
Enter Line 8
Line 11
Enter Line 5
Line 12
Deduct Line 5 from Line 8
For Assistance
Contact the SC DOR Withholding Section
Telephone (803) 896-1450
Email:
35652015
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