This version of the form is not currently in use and is provided for reference only. Download this version of Form SC4972 for the current year.
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.
Q: What is SC4972?
A: SC4972 is a tax form for reporting lump-sum distributions from qualified retirement plans in South Carolina.
Q: What is a lump-sum distribution?
A: A lump-sum distribution is a one-time payment of the entire balance in a retirement plan.
Q: What are qualified retirement plans?
A: Qualified retirement plans are employer-sponsored retirement plans that meet specific IRS requirements.
Q: Why do I need to report a lump-sum distribution?
A: You need to report a lump-sum distribution to calculate and pay any applicable taxes.
Q: How do I fill out SC4972?
A: You can fill out SC4972 by following the instructions provided with the form.
Q: Are there any exceptions or deductions for lump-sum distributions in South Carolina?
A: There may be exceptions or deductions available for lump-sum distributions in South Carolina. Check the instructions for SC4972 or consult a tax professional for more information.
Q: What if I have more questions about SC4972?
A: If you have more questions about SC4972, you can contact the South Carolina Department of Revenue or consult a tax professional for assistance.
Form Details:
Download a printable version of Form SC4972 by clicking the link below or browse more documents and templates provided by the South Carolina Department of Revenue.