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This version of the form is not currently in use and is provided for reference only. Download this version of
Form SC1120S-WH
for the current year.
Form SC1120S-WH Withholding Tax on Income of Nonresident Shareholders - South Carolina
What Is Form SC1120S-WH?
This is a legal form that was released by the South Carolina Department of Revenue - a government authority operating within South Carolina. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form SC1120S-WH?
A: Form SC1120S-WH is the Withholding Tax Return for Income of Nonresident Shareholders in South Carolina.
Q: Who needs to file Form SC1120S-WH?
A: Any S Corporation in South Carolina that has nonresident shareholders needs to file Form SC1120S-WH.
Q: What is the purpose of Form SC1120S-WH?
A: The purpose of Form SC1120S-WH is to report and withhold taxes on income distributed to nonresident shareholders.
Q: Are all income distributions subject to withholding?
A: No, only income distributions that are derived from sources within South Carolina are subject to withholding.
Q: When is Form SC1120S-WH due?
A: Form SC1120S-WH is due on or before the 20th day of the 4th month following the close of the tax year.
Q: What happens if I fail to file or pay the withholding tax?
A: Failure to file or pay the withholding tax may result in penalties and interest being imposed by the South Carolina Department of Revenue.
Form Details:
- Released on November 13, 2018;
- The latest edition provided by the South Carolina Department of Revenue;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of Form SC1120S-WH by clicking the link below or browse more documents and templates provided by the South Carolina Department of Revenue.
