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A composite return allows S corporations or partnerships to compute and report the SC income and tax attributable to electing nonresident shareholders or partners on a single tax return (SC1040 Individual Income Tax Return).

The affidavit is used by a nonresident shareholder or partner to request an exemption from the withholding required pursuant to SC Code Section 12-8-590. Shareholders or partners who will be included in a composite Individual Income Tax return do not need to complete this affidavit.

A state can tax a trust based on the location of the creator of the trust, the trustee and/or the beneficiary. If the trust is a resident of the state, then the state can tax all of the trust income, not just the income connected to the state. Each state has its own definition of what is a resident trust.

In South Carolina, you will need to file both a federal and state income tax return. South Carolina is among the 41 states that enforces income tax. You will file your annual income tax return via a Form 1040.

Mailing Addresses ?Refunds or no tax due (SC1040/SC1040NR)?All balances due?CorrespondenceSC1040 Processing Center PO Box 101100 Columbia, SC 29211-0100?Taxable Processing Center PO Box 101105 Columbia, SC 29211-0105?South Carolina Department of Revenue Income Tax PO Box 125 Columbia, SC 29214-0400

If filing by paper, mail balance due returns to SCDOR, TAXABLE FIDUCIARY, PO BOX 125, COLUMBIA, SC 29214-0038. Mail refunds or zero tax returns to SCDOR, NONTAXABLE FIDUCIARY, PO BOX 125, COLUMBIA, SC 29214-0039.