Form I-360 Classroom Teacher Expenses Credit - South Carolina

What Is Form I-360?

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 I-360 Classroom Teacher Expenses Credit?
A: Form I-360 Classroom Teacher Expenses Credit is a tax credit available to certified classroom teachers in South Carolina.

Q: Who is eligible for the Form I-360 Classroom Teacher Expenses Credit?
A: Certified classroom teachers in South Carolina who spend their personal money on classroom supplies and materials are eligible for the credit.

Q: How much is the tax credit?
A: The tax credit is up to $275 for certified classroom teachers.

Q: What expenses qualify for the Form I-360 Classroom Teacher Expenses Credit?
A: Expenses such as books, computers, software, classroom supplies, and other necessary materials for the classroom may qualify for the credit.

Q: How can teachers claim the Form I-360 Classroom Teacher Expenses Credit?
A: Teachers can claim the credit by completing Form I-360 and attaching it to their South Carolina tax return.

Q: Is there a deadline for claiming the Form I-360 Classroom Teacher Expenses Credit?
A: Yes, the credit must be claimed within three years from the date it was due or paid, whichever is later.