Sc form tc 43 2026

1. Click ‘Get Form’ to open SC Form TC 43 in the editor.
2. Begin by entering your name and Social Security Number as shown on your tax return in Part I.
3. In line 1, input the total qualifying expenses incurred for retrofitting your residence. Ensure these costs are related to fortification measures only.
4. Calculate 25% of the qualifying expenses and enter this amount in line 2.
5. Multiply the amount from line 1 by the percentage in line 2 to find the maximum credit amount, and enter it in line 3.
6. Refer to the credit limit of $1,000 and enter the smaller value between lines 3 and 4 in line 5.
7. Proceed to Part II, where you will enter the purchase price of tangible personal property related to your retrofit in line 6.
8. Calculate the sales tax credit (6% of line 6) and record it in line 7.
9. Enter any actual sales/use tax paid on property included in line 6 into line 9.
10. Determine the smaller value between lines 8 and 9 for entry into line 10, then check against the $1,500 limit for line 11.
11. Finally, add lines 5 and 12 together for your combined credits in line 13 before saving or exporting your completed form.

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