Form Sc Sch.tc-48a - South Carolina Application For Plug-In Hybrid Vehicle Credit (Page 2 of 2) in pdf

credits earned in a calendar year must not exceed $200,000. Credits will be awarded among eligible claimants on a

first-come, first-served basis, as determined by the department.

The Department will then notify each taxpayer of the amount of credit allowed. Any unused part of the actual credit

awarded by the Department can be carried forward for five years.

QUALIFIED PLUG-IN HYBRID VEHICLES

A plug-in hybrid vehicle is a vehicle that:

(1)

shares the same benefits as an internal combustion and electric engine with an all-electric range of no less

than nine miles;

(2)

has four or more wheels;

(3)

draws propulsion using a traction battery;

(4)

has at least four kilowatt hours of battery capacity; and

(5)

uses an external source of energy to recharge the battery.

A qualified plug-in hybrid vehicle also must be manufactured primarily for use on public streets, roads, and highways.

Low- and medium-speed vehicles DO NOT QUALIFY for credit:

•

Low-speed vehicles are vehicles capable of a speed of at least 20 but not more than 25 miles per hour, used

primarily for short trips and recreational purposes, and having safety equipment such as lights, reflectors,

mirrors, parking brake, windshield, and safety belts.

•

Medium-speed vehicles are vehicles capable of a speed of at least 30 but not more than 46 miles per hour

and having safety equipment such as lights, reflectors, mirrors, parking brake, windshield, and safety belts.

Social Security Privacy Act Disclosure

It is mandatory that you provide your social security number on this tax form if you are an individual taxpayer. 42 U.S.C

405(c)(2)(C)(i) permits a state to use an individual's social security number as means of identification in administration of

any tax. SC Regulation 117-201 mandates that any person required to make a return to the SC Department of Revenue

shall provide identifying numbers, as prescribed, for securing proper identification. Your social security number is used for

identification purposes.

The Family Privacy Protection Act

Under the Family Privacy Protection Act, the collection of personal information from citizens by the Department of

Revenue is limited to the information necessary for the 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 disclosure is not prohibited, the Family Privacy Protection Act prevents such information from being used by third

parties for commercial solicitation purposes.

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Form Sc Sch.tc-48a - South Carolina Application For Plug-In Hybrid Vehicle Credit Page 2