StateSubsidies
Back to all incentives
Tax CreditSouth CarolinaActiveVerified

South Carolina Job Tax Credit

SC Department of Commerce (SCDOC)SC-JTCRefreshed 1 month ago
Do I qualify?
Max funding

Varies

Amount varies

Type

Tax Credit

Reduces tax liability

Deadline

Rolling

No fixed cutoff

Timing

Annual tax return

Claim with year-end filing

Complexity

Moderate

File with tax return

About This Program

Annual income tax credits for SC businesses creating new full-time jobs, with credit amounts ranging from $1,500 to $25,000 per job based on county designation and industry type.

Key Requirements & Eligibility

  • 1Must create at least 2 new full-time jobs paying above county average wage
  • 2Jobs must offer health insurance with employer contributing at least 50%
  • 3Credit: $1,500–$25,000 per job depending on county tier (1=highest benefit)
  • 4Credits used against SC income tax; excess carried forward 15 years
  • 5Certain industries receive additional credit multipliers

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Must create at least 2 new full-time jobs paying above county average wage

2.Jobs must offer health insurance with employer contributing at least 50%

3.Credit: $1,500–$25,000 per job depending on county tier (1=highest benefit)

4.Credits used against SC income tax; excess carried forward 15 years

5.Certain industries receive additional credit multipliers

Related Programs

LoanFederalVerifiedPrivate business

DOE Loan Programs Office — Title 17 Clean Energy Financing

LPO · United States

Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.

Clean TechnologyEnergy StorageManufacturing+1

via www.energy.gov · MEDIUM

Details
Tax CreditStateVerifiedPrivate business

New York State Brownfield Cleanup Program Tax Credit

NYSDEC · New York

Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.

Real EstateConstructionManufacturing

via www.dec.ny.gov · MEDIUM

Details
Tax CreditStateVerifiedPrivate business

North Carolina Renewable Energy Tax Credit

NCDOR · North Carolina

Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.

Clean TechnologyEnergy ManagementAgriculture+1

via www.ncdor.gov · MEDIUM

Details
Official Source