Instructions For Schedule Nr - 2012 (Page 5 of 5) in pdf

Instructions - South Carolina Form Schedule NR

Line 45 - DEDUCTIONS ADJUSTMENT

IMPORTANT REMINDERS

If not itemizing, enter the standard deduction from your federal

form.

Check the Schedule NR box on the front of the

SC1040.

If you itemized deductions on your federal return:

(Keep this worksheet for your records)

Schedule NR and a copy of your federal return must

be attached to a completed SC1040.

Part I

Do not submit Schedule NR separately. Your return

Itemized deductions from your federal

Form 1040.

cannot be processed if Schedule NR is submitted

separately.

Record Keeping: keep a complete copy of your

Part II

return, including attachments. Do not mail your

If you deducted state and local income taxes or general sales

only copy of any tax document.

taxes while itemizing on your 2012 federal income tax return,

you must subtract all or part of this amount. Use the following

We are unable to process your return if filed without

worksheet to figure the adjustment:

a social security number or individual taxpayer

identification number (ITIN).

Worksheet A - State Tax Adjustment

Social Security Privacy Act Disclosure

1. Itemized deductions from 2012 federal

Form 1040

It is mandatory that you provide your social security number on

2. Enter

allowable

federal

standard

this tax form. 42 U.S.C 405(c)(2)(C)(i) permits a state to use an

deduction you would have been allowed

individual's social security number as means of identification in

if you had not itemized. Enter zero if

administration of any tax. SC Regulation 117-201 mandates

married filing separate [MFS] returns.

that any person required to make a return to the SC

(See federal instructions)

Department of Revenue shall provide identifying numbers, as

prescribed, for securing proper identification. Your social

3. Subtract line 2 from line 1. (Enter zero

security number is used for identification purposes.

if line 2 is greater than line 1.)

4. Enter the amount of state and local

The Family Privacy Protection Act

income taxes (or general sales taxes)

from federal Schedule A.

Under the Family Privacy Protection Act, the collection of

5. The lesser of line 3 or line 4. Enter this

personal information from citizens by the Department of

amount on line 45, Part ll of Schedule

Revenue is limited to the information necessary for the

NR.

Department to fulfill its statutory duties. In most instances, once

this information is collected by the Department, it is protected

by law from public disclosure. In those situations where public

Part III

disclosure is not prohibited, the Family Privacy Protection Act

Total amounts of other expenses which were included in the

prevents such information from being used by third parties for

federal itemized deductions. Other expenses include:

commercial solicitation purposes.

Expenses deducted on the federal return related to any

income that is exempt or not taxed by South Carolina. Some

examples

are

investment

interest

out-of-state

partnerships and interest paid to purchase United States

obligations.

Miscellaneous federal estate tax deduction on income of

decedent.

Enter the total amount of other expense.

III.

Part IV

Total Deductions Adjustment. Subtract state income taxes

(Part II, Worksheet A, line 5) and other expenses (Part III) from

itemized deductions (Part I).

Enter here and on line 45.

IV.

Line 46 - FEDERAL PERSONAL EXEMPTIONS

Enter the amount of your federal personal exemptions from

your federal form. Form 1040EZ filers enter zero.

Line 49 - SC TAXABLE INCOME

This amount should be entered on line 5 of SC1040. If less

than zero, enter zero.

Instructions For Schedule Nr - 2012 Page 5

Related Articles

Related forms

Related Categories