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Y BEFORE COMPLETING THE REVERSE SIDE OF THE FORM. 1. You may need to consult with your accountant before completing Section 3 of this Return. The Return is subject to audit along with any supporting records kept by the property owner or his agent. DO NOT CONTACT OUR OFFICE TO INQUIRE ABOUT VALUES FROM A PREVIOUSLY-FILED RETURN. Once processed our records are transferred to a records storage facility. If you do not depreciate this property on your federal / state (SC) income taxes, please attach.

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Generally, business personal property is assessed at 10.5% of fair market value. The assessment ratio is determined by the property classification (manufacturing, aircraft, commercial fishing boats, etc.), but the majority of business personal property has a 10.5% assessment ratio.

Program Details. The Homestead Exemption Program is a State funded program authorized under Section 12-37-250 of the South Carolina Code of Laws. The program exempts the first $50,000 fair market value of primary residence from all property taxes.

Personal property taxes, also known as property taxes, are a form of taxation on what is termed personal property. Personal property is defined as any movable property that is not attached to a home or building. ... Additionally, some states tax personal property such as motor vehicles, boats and aircraft.

The South Carolina Homestead Exemption allows eligible taxpayers to be tax exempt on the first $50,000 of assessed value on their primary residence. To be eligible, a taxpayer must be 65 years of age or older as of Dec. 31 of the previous tax year, or 100 percent totally and permanently disabled or legally blind.

Real and personal property are assessed at 9.5%. Utilities real and personal property at 10.5% Manufacturing real and personal property at 10.5% Personal property - automobiles and campers are assessed at 6%

The average effective property tax rate in Horry County is just 0.37%, lowest in the state. At that rate, taxes on a home with a full market value of $200,000 would be only $740 per year.

Residents of states that collect vehicle property taxes pay an average of $436 in additional property taxes. In South Carolina, that average is $650.71. The amounts are based on a best-selling car valued at $24,000. Real estate and vehicle property taxes are collected by the county for schools and county services.

Lois Eargle announced Monday that she will not seek re-election as Horry County auditor. Eargle, who is recovering from open heart surgery performed earlier this month, has held the post for the past 28 years. I've decided I am going to retire because it's time and I have to think about my health, Eargle said.

Vehicle Tax. Obtain a vehicle tax notice from the Horry County Auditor's Office. Pay the tax notice in person at the Horry County Treasurer's Office [locations] with check or money order (payable to Horry County Treasurer), cash or Visa/MasterCard/American Express.

What is the Homestead Exemption benefit? The Homestead Exemption is a complete exemption of taxes on the first $50,000 in Fair Market Value of your Legal Residence for homeowners over age 65, totally and permanently disabled, or legally blind.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232