Form Sc1120s-Wh - South Carolina Withholding Tax On Income Of Nonresident Shareholders

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STATE OF SOUTH CAROLINA
1350
DEPARTMENT OF REVENUE
SC1120S-WH
WITHHOLDING TAX ON INCOME OF
(Rev. 10/2/13)
3312
NONRESIDENT SHAREHOLDERS
Line by Line Instructions
Line 1
The amount from line 5 of SC1120S is South Carolina taxable income. Reduce the amount from line 5 of
SC1120S by the amount of directly allocated income. (Taxpayers requesting an extension of time to file
SC1120S must estimate an amount of income subject to withholding. Enter this estimated amount on Line 1).
Line 2
The amount on this line is total income allocated to nonresident shareholders.
Line 3
Reduce line 2 by amounts exempt from withholding by affidavit, by composite filing, or real estate gain subject
to buyer withholding. Include affidavits if not previously filed.
File this return and pay withholding tax due by the fifteenth day of the third month following taxable year end of
the S corporation.
Mail to: South Carolina Department of Revenue, Corporation, Columbia, SC 29214-0006. Include Business
Name, FEIN, and SC File Number on both the form and the check.
USE BLACK INK ONLY
PLEASE DO NOT CUT, SUBMIT ENTIRE PAGE
STATE OF SOUTH CAROLINA
1350
DEPARTMENT OF REVENUE
SC1120S-WH
WITHHOLDING TAX ON INCOME OF
(Rev. 10/2/13)
3312
NONRESIDENT SHAREHOLDERS
SC CORPORATE FILE #
INCOME ACCT PERIOD END (MM-YY)
1. Amount from line
5 of SC1120S
(less allocated
. .
00
. . . . . . . . . .
1.
income)
FEIN
2. Line 1 times
%
of income
allocated to non-
resident
. .
00
shareholders. . . . . .
2.
3. Amount of line 2
(Signature of duly authorized officer / taxpayer)
Date
exempt from
Corporate Name and Address
withholding.
Attach statement.
. .
00
See instructions . . .
3.
4. Subtract line 3
.
.
00
from line 2. . . . . . . .
4.
5. Withholding tax due:
. .
00
Line 4 x .05 . . . . . .
5.
6. Overpayment transferred
from SC1120S,
. .
00
line 13d. . . . . . . . . .
6.
7. Subtract line 6 from
. .
00
line 5. . . . . . . . . . . .
7.
14-0822
33121021

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