Sc tc 43 2026

1. Click ‘Get Form’ to open the SC TC-43 in the editor.
2. Begin by entering your name as shown on your tax return and your Social Security Number (SSN) in the designated fields.
3. In Part I, list your qualifying expenses for residential retrofit in line 1. Ensure these costs are related to fortification measures that enhance resistance to hurricanes or flood damage.
4. Calculate 25% of your qualifying expenses and enter this amount in line 2. Then, multiply the amount from line 1 by the percentage in line 2 and write it in line 3.
5. Refer to the credit limit of $1,000 and enter the smaller value between lines 3 and 4 into line 5.
6. Proceed to Part II for sales and use taxes. Enter the purchase price of tangible personal property included in your qualifying expenses on line 6.
7. Calculate 6% of this purchase price for line 7, then determine the maximum credit amount for line 8 by multiplying line 6 by line 7.
8. Enter any South Carolina sales or use tax paid on property included in line 6 on line 9, then find the smaller value between lines 8 and 9 for line 10.
9. Complete lines 11 and 12 similarly, ensuring you adhere to all limits specified. Finally, add lines 5 and 12 together for your total credits on line 13.

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