Instructions For Schedule Nr - South Carolina - 2011 Page 2
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5Instructions - South Carolina Form Schedule NR
sold while a resident of South Carolina must also be included
Line 18 - CERTAIN BUSINESS EXPENSES OF
in Column B. Any gain or loss reported in Column B must be
RESERVISTS, PERFORMING ARTISTS AND
supported by the appropriate federal schedules showing
FEE-BASED GOVERNMENT OFFICIALS
location of business or property.
Lines 9 and 10 - TAXABLE AMOUNTS OF IRA
SC Total Income
DISTRIBUTIONS, PENSIONS AND ANNUITIES
(line 16, Column B)
Line 18
SC Adjustment
X
Report in Column B, taxable amounts while a resident of South
Column A
=
in Column B
Federal Total Income
Carolina.
(line 16, Column A)
Line 11 - RENTAL REAL ESTATE, ROYALTIES,
PARTNERSHIPS, ESTATES, TRUSTS, ETC.
Line 19 - HEALTH SAVINGS ACCOUNT
Enter in Column B, only the income or loss from property
located in South Carolina and/or from doing business in
SC Compensation
Line 19
SC Adjustment
South Carolina. Indicate losses in brackets.
X
Column A
=
in Column B
Federal Compensation
Line 12 - FARM INCOME OR (LOSS)
Enter in Column B only the income or loss incurred from a farm
Compensation includes wages, salaries, commissions, tips,
located within South Carolina. Indicate your farm loss in
professional fees, bonuses, and other amounts you received
brackets.
for providing personal services including self-employment
NOTE: As of January 1, 2009, a S.C. business must add back
income.
any amount paid for services performed by an unauthorized
alien if the amount is $600 or more a year. See line 6
Line 20 - MOVING EXPENSES
instructions for more information.
If you had allowable moving expenses on your federal Form
Line 13 - UNEMPLOYMENT COMPENSATION
1040 and if your move was into or within South Carolina,
you are allowed a full moving expense adjustment in
Enter in Column B the portion of unemployment compensation
Column B. If you moved out of South Carolina, your expenses
paid from South Carolina or received while a resident of South
are not deductible.
Carolina.
Line 14 - TAXABLE AMOUNT OF
Lines 21 through 23
SOCIAL SECURITY BENEFITS
If you have self-employment income derived from other states
Social Security and railroad retirement are not taxed by South
as well as South Carolina, use the following formula to prorate
Carolina. Do not enter any of these amounts in Column B.
the federal adjustment reported in Column A in order to
determine the South Carolina adjustment in Column B.
Line 15 - OTHER INCOME
Federal
SC self-employment
SC Adjustment
Adjustment
Enter in Column B any other income for which there is no line
income
=
in Column B
X
Column A
provided on the return. Other income includes prizes, awards,
Total self-employment
gambling winnings, director's fees, etc. earned while a resident
income
of South Carolina or from sources within South Carolina.
Net operating losses may be claimed on line 15 by inserting
"NOL" in the margin and entering the loss in Column B. Attach
Line 24 - PENALTY ON EARLY
a schedule detailing the loss. South Carolina does not
WITHDRAWAL OF SAVINGS
allow carryback of net operating loss (NOL).
Enter in Column B any penalty for early withdrawal of savings
Line 16 - TOTAL INCOME
taxable to South Carolina.
Total each column of figures from A and B, lines 1 through 15.
Line 25 - ALIMONY PAID
Enter the amounts in the appropriate columns on line 16.
NOTE: Subtract items in brackets.
If you paid alimony which qualified as an adjustment for federal
tax purposes, you may take an adjustment in Column B. Use
ADJUSTMENTS TO INCOME
the following formula:
This section involves federal adjustments to gross income.
Enter amounts from your federal return in Column A. Enter the
SC Total Income
Line 25
SC Adjustment
portion that applies to South Carolina in Column B. The SC
(line 16, Column B)
X
=
Column A
in Column B
adjustments in lines 17-30 cannot exceed 100% of the federal
Federal Total Income
adjustment.
(line 16, Column A)
Line 17 - EDUCATOR EXPENSES
If you qualify for an educator expenses deduction for federal
purposes, you are allowed a deduction in Column B. Use the
following formula:
SC Total Income
SC Adjustment
Line 17
(line 16, Column B)
in Column B
=
X
Column A
Federal Total Income
(line 16, Column A)
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