Form SC SCH.TC-64 Formerly Incarcerated Apprenticeship Credit - South Carolina

What Is Form SC SCH.TC-64?

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 SC SCH.TC-64?
A: Form SC SCH.TC-64 is the Formerly Incarcerated Apprenticeship Credit form in South Carolina.

Q: What does the Formerly Incarcerated Apprenticeship Credit do?
A: The Formerly Incarcerated Apprenticeship Credit provides a tax credit for hiring individuals who were previously incarcerated.

Q: Who is eligible for the Formerly Incarcerated Apprenticeship Credit?
A: Employers who hire individuals with a criminal history are eligible for this tax credit.

Q: What is the purpose of the Formerly Incarcerated Apprenticeship Credit?
A: The purpose of this tax credit is to encourage employers to hire individuals with a criminal history and provide them with apprenticeship opportunities.

Q: Are there any deadlines for filing Form SC SCH.TC-64?
A: Yes, the deadline for filing Form SC SCH.TC-64 is the same as the deadline for filing your South Carolina income tax return.

Q: Is the Formerly Incarcerated Apprenticeship Credit refundable?
A: Yes, if the tax credit exceeds your tax liability, the excess credit may be refunded to you.

Q: Are there any limitations on the Formerly Incarcerated Apprenticeship Credit?
A: Yes, there are limitations on the amount of credit that can be claimed for each qualifying employee.