Form I-319 - Student Eligibility For Tuition Tax Credit - 2013 Page 2
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STATE OF SOUTH CAROLINA
DEPARTMENT OF REVENUE
I-319
2013 TUITION TAX CREDIT
(Rev. 8/8/13)
Complete one I-319 for each student. This form must be attached to the SC1040.
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Check for SC Revenue Ruling # 09-3 for more information.
SOCIAL SECURITY NUMBER
NAME OF TAXPAYER
You must select one of the following:
Student
Parent
Legal Guardian
Other person eligible to claim student as a dependent
Did you pay the tuition?
Yes
No
Spring 2013
If yes,
Did the student receive the LIFE or Palmetto Fellows Scholarship?
Yes
No
Fall 2013
Student's First Name and Initial :
Student's Last Name
Student's Social Security Number:
Name of High School:
Month/Year Graduated:
Name of Qualified College or University in which student was first enrolled:
Month/Year First Enrolled:
Name of Qualified College or University attended during the tax year:
Month/Year through Month/Year:
Month/Year through Month/Year:
Name of Qualified College or University attended during the tax year:
Name of Qualified College or University attended during the tax year:
Month/Year through Month/Year:
Credit Hours and Tuition Information
1.
See next page for Credit Hours Requirements.
Spring Term
Fall Term
Interim
Total
Summer Term
Number of semester hours completed during tax year:
$
$
$
$
$
2.
Qualified tuition paid ........................................................
What qualifies as tuition?
Qualified tuition means the amount charged by a college or university as a condition of enrollment and includes required fees. The
cost of dorm rooms, books and meals are not included in tuition.
3.
Tuition limit for 4 year independent College or University (if it applies)
3.
(See next page for Tuition Limit) ............................................................................................................
$
4.
4.
Smaller of lines 2 (Total) or 3 (Enter amount from line 2 if line 3 does not apply.) ...................................
$
What do I need to list as a scholarship grant?
You must deduct any scholarship or grant used to pay qualified tuition before calculating the credit. Scholarship grants do not include
grants not used to pay qualified tuition, student loans, IRC Section 127 educational assistance plans, payment for teaching, research
or other services, or veteran educational assistance benefits.
5.
Amount of scholarships and grants ..........................................................................................................
5.
$
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6.
Subtract line 5 from 4 ...............................................................................................................................
6.
$
7.
Multiply line 6 by 25% (.25) ......................................................................................................................
7.
$
8.
Credit limit ($850.00 for 4 year College or University or $350.00 for 2 year college or university) ...........
8.
$
9.
Enter the smaller of 7 or 8. This is your tuition tax credit. Enter on SC1040, line 21.................................
9.
$
If more than 1 form is completed, combine the tuition tax credit amounts and enter on SC1040, line 21.
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