1350
                    STATE OF SOUTH CAROLINA                                                          SC SCH.TC-4
                    DEPARTMENT OF REVENUE                                                            (Rev. 8/4/20)
                                                                                                     3117
                    NEW JOBS CREDIT
   dor.sc.gov                                                                                        20

Name                                                                                                 SSN or FEIN

If credit was received from a pass-through entity, name and FEIN of entity

Street address of facility creating new jobs                     

County                                                City                                                     State                                                    ZIP          

Number of full-time employees subject to withholding during each month: 
                                                                                           Base 
              Month                                                                                  Year 1 Year 2  Year 3 Year 4 Year 5 Year 6
                                                                                           Year
                                                                                           20___ 20___ 20___ 20___ 20___ 20___ 20___
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.

Line 1: Total employees (add months 1 through 12)....................

Line 2: Number of months in operation.........................................

Line 3: Monthly average of full-time employees  
(divide line 1 by line 2)..................................................................

Line 4: Previous year average (see instructions).......................................

Line 5: Average increase in full-time employees 
(subtract line 4 from line 3)........................................................................

     31171028

Employees eligible for credit:                                                                            Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

Line 6: Year 1 increase...............................................................................

Line 7: Year 2 increase............................................................................................

Line 8: Year 3 increase.........................................................................................................

Line 9: Year 4 increase.....................................................................................................................

Line 10: Year 5 increase................................................................................................................................

Line 11: Year 6 increase.............................................................................................................................................

Line 12: Number of new jobs for credit (add line 6 through line 11)..........

If you have fewer than 10 full-time jobs or full-time job equivalents for the year,                       STOP! 
Most types of qualifying businesses are required to have a minimum increase of 10 jobs.   

Credit calculation: 
                                                                                                          Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

Line 13: Amount of credit per employee (see instructions)........................

Line 14: Eligible credit (multiply line 12 by line 13)……………................... 

Line 15: Credit carryover from prior year....................................................

Line 16: Total credit available (add line 14 and line 15)…………………....

Line 17: Tax liability....................................................................................

Line 18: Credit limit (multiply line 17 by 50%)……………………………….

Line 19: Allowable credit (lesser of line 16 or line 18)……………………...

Line 20: Credit carryforward (subtract line 19 from line 16)……………......

31172026

                                                 INSTRUCTIONS
Qualifying taxpayers can take a credit against South Carolina Individual Income Tax, Corporate Income Tax, Bank Tax, 
or Insurance Premium Tax for creating new jobs in South Carolina. The credit is limited to 50% of the tax liability.  
 
Qualifying businesses: 
To qualify, a taxpayer must operate one of the following: 
 manufacturing facility 
 tourism facility 
 processing facility 
 agricultural packaging facility 
 warehousing facility 
 distribution facility 
 research and development facility 
 corporate office facility 
 qualifying service-related facility 
 agribusiness operation 
 extraordinary retail establishment 
 professional sports team (use the TC-4P) 
 qualifying technology intensive facility 
 bank 
 retail facility (only if located in a Tier IV county) 
 service-related industry (only if located in a Tier IV county) 
  
Job requirements: 
Generally, taxpayers must increase employment by at least 10 new full-time jobs during a year to qualify for the credit.  
Hotels and motels must create at least 20 new full-time jobs to qualify. Certain qualifying service-related facilities must 
create 25 to 175 new full-time jobs, depending on the average cash compensation, to qualify. See the definitions below 
for more information.   
 
Taxpayers with 99 or fewer employees may qualify for the Small Business Jobs Credit if they increase employment by 
two or more full-time jobs. Complete the TC-4SB to claim the Small Business Jobs Credit. For more information, see the 
TC-4SB instructions. A qualifying small business taxpayer may elect to claim the Accelerated Small Business Jobs 
Credit. Use the TC-4SA to claim the accelerated credit. For more information, see the TC-4SA instructions. Forms and 
instructions are located at dor.sc.gov/forms.  
 
Calculate the number of new and additional new full-time jobs by comparing the monthly average number of full-time 
employees subject to South Carolina Income Tax withholding during the tax year with the monthly average of the 
previous tax year. To calculate the monthly average, use the actual months in operation or a full 12-month period. If the 
business is in operation for less than 12 months in a year, use the monthly average for the months in operation to 
calculate the number of new full-time jobs.   
 
County rankings:  
Each year, the SCDOR ranks South Carolina counties using income and unemployment data from the South Carolina 
Department of Employment and Workforce and the US Department of Commerce. You can find Information Letters with 
the rankings for each year at dor.sc.gov/policy. The counties with a combination of the highest unemployment rate and 
lowest per capita income are designated as Tier IV counties. The counties with a combination of the lowest 
unemployment rate and highest per capita income are designated as Tier I counties. County designations are effective 
for tax years that begin in the following calendar year.  
 
The credit amount is based on the county designation at the time the jobs are created. If the county designation 
changes in a future year, the credit amount does not change. If additional new jobs are created in future years, the credit 
amount for those jobs is based on the county designation at the time the jobs are created.   
 
A taxpayer planning a significant expansion can file the SC616, Notification to Lock In County Designation, before 
creating the new jobs to lock in the current year Tier II, III, or IV county designation. This will allow the taxpayer to use the 
current-year designation in the future when the jobs are created. If the actual county designation in the year the jobs are 
created is more favorable, the taxpayer is not required to use the designation locked in by the SC616. You can find the 
SC616 at dor.sc.gov/forms. 
 
Amount of credit:  
Beginning in 2019, the amount of the initial job credit for each new full-time job created is:  
      $25,000 for Tier IV counties 
      $20,250 for Tier III counties 
      $2,750 for Tier II counties 
      $1,500 for Tier I counties 
 

For new full-time jobs created in tax years from 2011 through 2018, the amount of credit is: 
      $8,000 for Tier IV counties 
      $4,250 for Tier III counties 
      $2,750 for Tier II counties 
      $1,500 for Tier I counties 
 
For job tax credits first earned before January 1, 2011, the amount of credit is:  
      $8,000 in distressed counties 
      $4,500 in least developed counties 
      $3,500 in underdeveloped counties 
      $2,500 in moderately developed counties 
      $1,500 in developed counties 
 
Taxpayers can receive an additional $1,000 credit for each new full-time job located in a business or industrial park jointly 
established and developed by a group of counties. The additional credit is available for five years beginning in the tax 
year after the job was created.  
 
Taxpayers can receive an additional $1,000 credit for each new full-time job located on property where a response action 
has been completed based on a non-responsible party voluntary cleanup contract under the Brownfields Voluntary 
Cleanup Program. The additional credit is available for five years beginning in the tax year after the job was created. No 
additional credit is available if the taxpayer is considered a responsible party.   
 
Except for employees in Tier IV counties, the maximum amount of combined New Jobs Credit (TC-4, TC-4SA, or 
TC-4SB) and Employer Credit (TC-12) that may be claimed for a single employee is $5,500.  
 
Taking the credit: 
The credit is available for five years, beginning in Year 2 after the new jobs are created. No credit is allowed for the year, 
or any following year, if the net employment increase falls below the minimum level required for the credit (generally 10 
jobs).   
 
If the taxpayer creates additional new full-time jobs in Years 2-6, they may receive a credit for those new jobs for five 
years following the year in which the job is created.   
 
Credits are only allowed for the job level maintained in the year the credit is claimed. If the job level decreases, the five-
year eligibility period for the credit continues to run.   
 
The amount of credit that can be taken in a tax year is limited to 50% of the taxpayer's tax liability.  
 
If you are taking multiple tax credits, calculate credit limitations one credit at a time. Credit limitations are based on the 
remaining tax liability after other credits have been taken. Credits can be taken in any order, unless otherwise provided in 
the statute allowing a particular credit. For more information, refer to the South Carolina Tax Incentives for Economic 
Development publication, found at dor.sc.gov/policy-manuals. 
 
Unused credits can be carried forward for 15 years from the year in which they were earned. The credit carryforward 
must be used in the order the credits were earned and cannot be used before job credits earned in the current year. If 
you are claiming a credit carryforward, attach a schedule detailing the year the credits were earned and the amounts 
used in each tax year. Taxpayers claiming the New Jobs Credit and the Corporate Tax moratorium may carry forward 
unused credit amounts until after the moratorium period expires. 
 
Pass-through entities:  
A partnership, S Corporation, or Limited Liability Company (LLC) taxed as a partnership or S Corporation may pass the 
credit earned to each partner, shareholder, or member. An S Corporation must first use the credit against any Corporate 
Income Tax due at the entity level. Any credit remaining passes through to the shareholders.   
 
To calculate the amount of credit to pass through, multiply the partner's interest in the partnership, the shareholder's 
percentage of stock ownership, or the member's interest in the LLC for the tax year by the amount of credit earned by the 
partnership, S Corporation, or LLC. The credit taken on the partner's, shareholder's, or member's tax return cannot be 
greater than 50% of their tax liability. Unused credits can be carried forward by the partner, shareholder, or member for 
15 years from the year in which the credit was earned. The partnership, S Corporation, or LLC does not carry forward any 
credit that was passed through to partners, shareholders or members.   
 

If you are a partner, shareholder, or member claiming the credit, begin with line 14, and enter the amount of credit passed 
through by the partnership, S Corporation, or LLC on the South Carolina K-1. 
Credit transfer:  
A merger, consolidation, or reorganization where tax attributes survive does not create new eligibility in the succeeding 
taxpayer. Unused job tax credits may be transferred and continued by the succeeding taxpayer, but they are subject to 
the limitations on credits provided in Internal Revenue Code Section 383. If one taxpayer transfers to another taxpayer 
all, or substantially all, of its assets, or the assets of a trade or business or operating division related to the generation of 
the tax credits, then they may also assign the rights to the job tax credits. The required number of new jobs for that 
amount of credit must be maintained for the transfer of credits to be allowed. 
Definitions:  
Taxpayer is a sole proprietor, partnership, corporation, LLC, or association subject to South Carolina Corporate or 
Individual Income Tax, Bank Tax, or Insurance Premium Tax. 
New job is a job created in South Carolina at the time a new facility or an expansion is initially staffed. A new job 
does not include a job transferred from one site to another site by the taxpayer or a related person, unless the job is 
transferred to a county where a federal facility has reduced its permanent employment by 3,000 or more jobs after 
December 31, 1990.   
New job includes jobs reinstated when the employer has rebuilt the facility after: 
          more than 50% of it was destroyed by accidental fire, natural disaster, or act of God 
          involuntary conversion took place through condemnation or exercise of eminent domain by the federal 
government or by South Carolina or one of its political subdivisions 
The year of reinstatement is the year a reinstated job was created. All reinstated jobs qualify for the credit. You are 
not required to compare the number of full-time jobs in the tax year with the number of full-time jobs in the prior tax 
year.   
Full-time job is a job requiring a minimum of 35 hours of an employee's time each week for the entire normal year of 
company operations or for a year in which the employee was initially hired for or transferred to the South Carolina 
facility. Two half-time jobs are considered one full-time job.   
For agricultural packaging and agribusiness operations, seasonal workers may be considered a full-time employee.  
The seasonal employee counts as a fraction of a full-time worker. To calculate the percentage of a full-time job that a 
seasonal employee qualifies for, multiply the number of hours they worked in a week by the number of weeks 
worked, then divide that total by 1,820.    
Half-time job is a job requiring a minimum of 20 hours of an employee's time a week for the entire normal year of the 
company's operations or for a year in which the employee was initially hired for or transferred to the South Carolina 
facility.  
Manufacturing facility is an establishment where tangible personal property is produced or assembled.  
Processing facility is an establishment that prepares, treats, or converts tangible personal property into finished 
goods or another form of tangible personal property. It includes a business engaged in processing agricultural, 
aquacultural, or maricultural products - specifically, meat, poultry, and other food processing operations. It does not 
include a location where retail sales of tangible personal property are made to retail customers. 
Warehousing facility is an establishment where tangible personal property is stored. It does not include any 
establishment where retail sales of tangible personal property are made to retail customers.   
Distribution facility is an establishment where shipments of tangible personal property are processed for delivery to 
customers.   
It does not include an establishment where retail sales of tangible personal property are made to retail customers 
more than 12 days a year unless: 
          the facility processes customer sales orders by mail, telephone, or electronic means 
                 the facility also processes shipments of tangible personal property to customers 
                 at least 75% of the dollar amount of goods sold through the facility are sold to customers outside of South         
Carolina 
The 12-day and 75% limitations do not apply to retail sales made inside the facility to employees working at the 
facility. 
Research and development facility is an establishment engaged in laboratory, scientific, or experimental testing  
and development related to new products, new uses for existing products, or improving existing products. 

      It does not include an establishment engaged in: 
                 efficiency surveys 
          management studies 
          consumer surveys 
          economic surveys 
          advertising 
          promotion 
          banking 
          research connected with literary, historical, or similar projects 
 
      Corporate office facility is a corporate headquarters as defined below or the corporate headquarters of a general 
 contractor licensed by the South Carolina Department of Labor, Licensing, and Regulation. 
      Corporate headquarters is the facility or facility portion where corporate staff employees are physically employed.  It 
 is where the majority of the company or business unit's financial, personnel, legal, planning, information technology, 
 or other headquarters-related functions are handled on a regional, national, or global basis. 
                 A national corporate headquarters is the sole corporate headquarters in the nation and handles headquarters-  
      related functions at least on a national basis.   
                 A regional corporate headquarters is the sole corporate headquarters within the region and handles   
      headquarters on a regional basis.  
 
                 Region or regional means a geographic area of: 
                           at least five states, including South Carolina, or 
                           two or more states, including South Carolina, if the entire business operations of the corporation are        
                 performed in fewer than five states 
 
      Tourism facility is an establishment where entertainment, education, or recreation is provided to the general       
 public, and includes: 
                 theme parks 
                 amusement parks  
                 historical, educational, or trade museums 
                 botanical gardens 
                 cultural centers 
                 theaters 
                 motion picture production studios 
                 convention centers 
                 arenas 
                 auditoriums 
                 spectator or participatory sports facilities 
 
      New hotel and motel construction also qualify as tourism facilities, but the number of new jobs that must be created 
 by the new hotel or motel is 20 or more. This limitation exists regardless of the county where the facility is located.   
 
      Tourism facility does not include the portion of an establishment where retail merchandise or services are sold 
 directly to retail customers. 
 
      Qualified service-related facility is one of the following: 
                 An establishment engaged in an activity listed under the following NAICS code sections: 
                           621: ambulatory health care 
                           622: hospitals 
                           623: residential care facilities 
                           488190: support activities for air transportation 
 
                 A business not engaged in legal, accounting, banking, investment services, or retail sales with a net increase 
      of at least: 
                           175 jobs at a single location 
                           150 jobs at a single location that is a building, or portion, that has been vacant for at least 12  
                 consecutive months before the taxpayer's investment 
                           100 jobs at a single location with an average cash compensation level that is more than 150% of the 
                 lower of state per capita income or the  per capita income of the county where the jobs are located 

                           50 jobs at a single location with an average cash compensation level that is more than 200% of the 
             lower of state per capita income or the  per capita income of the county where the jobs are located 
                           25 jobs at a single location with an average cash compensation level that is more than 250% of the 
             lower of state per capita income or the  per capita income of the county where the jobs are located 
 
                 Use the most recent per capita income data available at the end of the tax year in which the jobs are filled.   
 
      Technology intensive facility is a facility at which a firm engages in the design, development, and introduction of 
   new products or innovative manufacturing processes through the systematic application of scientific and technical 
   knowledge. Included are activities under the following NAICS codes: 
                 5114: database and directory publishers 
                 5112: software publishers 
                 54151: computer systems design and related services 
                 541511: custom computer programming services 
                 541512: computer systems design services 
                 541711 (2007 NAICS): research and development in biotechnology 
                 541712 (2007 NAICS): research and development in physical, engineering, and life sciences 
                 518210: data processing, hosting, and related services 
                 9271: space research and technology 
                 51811 (2002 NAICS): internet service providers and web search portals 
 
      Extraordinary retail establishment is a single store located in South Carolina within two miles of an interstate 
   highway or in a county with at least 3.5 million visitors a year. It must be a destination retail establishment with at 
   least 2 million visitors a year. At least 35% of its visitors must have traveled at least 50 miles to the establishment. It 
   must have a capital investment of at least $25 million, including land, buildings, and site preparation costs. One or 
   more hotels must be built to service the establishment within three years of occupancy. The certificate of occupancy 
   must be after July 1, 2006. The South Carolina Department of Parks, Recreation, and Tourism determines and 
   annually certifies who qualifies. 
   
      Agricultural packaging is the technology of enclosing, protecting, or preserving agricultural products for distribution, 
   storage, sale, and use. It also refers to the process of design, evaluation, and production of packages used for 
   agricultural products. 
   
      Professional sports team is a sports team or club included in a professional league primarily participating in live 
   sporting events before a paying audience. It has an annual payroll for federal tax purposes of at least $190 million 
   and at least 150 full-time employees in South Carolina 
 
      For a professional sports team, new job means all jobs located at the professional sports team park, even if an 
   employee worked in South Carolina as an employee of the same professional sports team before 2019.   
 
      For members of a professional sports team, full-time job means a job requiring a minimum of 180 days of an 
   employee's time a year. At least 80% of those days must be spent at a professional sports team park located in South 
   Carolina. 
 
      Professional sports teams claiming the New Jobs Credit must use the TC-4P, available at dor.sc gov/forms.  
 

Line instructions:  
Enter your name and SSN or FEIN.  
 
If you are receiving this credit from a pass-through entity, enter the name and FEIN of the entity. Then begin with line 14 
and enter the amount of credit shown on your South Carolina K-1 as passed through from the entity.  
 
Enter the address of the facility where the new jobs are created. Include the county where the facility is located.   
 
Enter the number of full-time employees subject to withholding each month. Year 1 is the tax year of the new jobs 
increase. Base year is the previous tax year.   
 
Line 1:  Add the number of employees from months 1 through 12. This is the number of total employees subject to            
        South Carolina withholding in the applicable county for the year.   
 
Line 2:  Enter the number of months that you were in operation during the tax year.   
 
Line 3:  Divide line 1 by line 2. Round down to the nearest whole number. This is the monthly average of full-time 
        employees.   
 
Line 4:  Enter the monthly average of full-time employees from line 3 of the immediately previous year column.   
 
Line 5:  Subtract line 4 from line 3. Enter a negative number in parentheses. This is the average increase (or decrease) in 
        full-time employees for the year.   
 
Line 6: Enter the increase for Year 1. New jobs are eligible for the credit for five years and are taken beginning the year 
        after the jobs are created. New jobs created in Year 1 are eligible for the credit for Years 2-6.   
                     If line 5 of the Year 1 and Year 2 columns both show job increases, enter the amount from line 5 of the Year 
         1 column on line 6. See Example A.   
                     If line 5 of the Year 1 column shows a job increase and line 5 of the Year 2 column shows a decrease, 
         combine the two and enter the total on line 6. See Example B.   
                     If the job increase falls below the minimum required (usually 10), no credit is allowed. The total job increase 
         is the monthly average of full-time employees (line 3) for the current year column minus the amount in the 
         Base Year column. See Example G. 
 
Line 7: Enter the increase for Year 2. New jobs created in Year 2 are eligible for the credit for Years 3-7.   
                     If line 5 of the Year 1, Year 2, and Year 3 columns all show job increases, enter the amount from line 5 of 
         the Year 2 column on line 7. See Example C.   
                     If line 5 of the Year 1 and Year 2 columns show job increases, and line 5 of the Year 3 column shows a 
         decrease, combine the increase from line 5 of the Year 2 column with the decrease from line 5 of the Year 3 
         column. Enter the total on line 7. Enter a negative amount in parentheses.  See Example D.   
                     If line 5 of the Year 1 column shows an increase, line 5 of the Year 2 column shows a decrease, and line 5 
         of the Year 3 column shows an increase, enter zero on line 7. The Year 2 decrease was already included in 
         the amount on line 6. See Example E.   
                     If line 5 of the Year 1 column shows an increase, and line 5 of the Year 2 and Year 3 columns both show a 
         decrease, enter the line 5 decrease amount for Year 3 as a negative number (in parentheses) on line 7.  
         See Example F. 
 
Line 8 through line 11: Continue using the directions and examples for line 6 and line 7. 
                     Job increases are only available beginning the year after the jobs are created.   
                     Only include the increases for additional new jobs created in Years 2-6. To claim jobs created after Year 6, 
         you must have a new expansion and increase of at least 10 jobs to begin a new credit period.   
                     Jobs are eligible for the credit for five years. If you need more space for future years, attach additional  
         TC-4s or a schedule showing all of the information included on the TC-4. You can also attach separate 
         completed TC-4s if additional new jobs created in Years 2-6 have different county designations from the 
         jobs created in Year 1.   
                     Job increases of less than the minimum amount (generally 10 jobs) cannot be included unless they are 
         maintained during the year following the increase. 
                     If job decreases occur, the jobs available for the credit cannot be more than the difference in the current 
         year number of jobs and the number of jobs in the Base Year column. 
                     A job increase following a job decrease must be maintained for a year to qualify for the credit. 
 

Line 12: Add line 6 through line 11. This is the number of new jobs available for the credit.   
 
Line 13: Enter the amount of credit available for each employee. Use the country designation in effect at the time the job 
 was created. If you filed an SC616, use the greater of the county designation at the time the SC616 was filed or 
 at the time the job was created. Add the additional credit amount for new jobs located in qualifying business or 
 industrial parks or at Brownfields project sites.   
 
Line 14: Multiply line 12 by line 13. This is the amount of credit earned this tax year. If you are a partner, shareholder, or 
 member receiving the credit from a partnership, S Corporation, or LLC, begin with this line and enter the amount 
 of credit passed through on a South Carolina K-1.   
 
Line 15: Enter any credit carried over from a prior year. If claiming a credit carryforward, attach a schedule showing when 
 the credit was earned, the amount of credit earned, and the amounts taken in prior years.   
 
Line 16: Add line 14 and line 15. This is the total credit available for you this year.   
 
Line 17: Enter your tax liability from line 10 of the SC1040, line 9 of the SC1120, line 7 of the SC1120S, line 7 of the 
 SC1120U, line 5 of the SC1101B, or line 8 of the SC1041.   
 
Line 18: Multiply line 17 by 50%. The credit is limited to 50% of your tax liability.   
 
Line 19: Enter the lesser of line 16 or line 18. This is the amount of credit you are able to take this tax year. If you are 
 taking other tax credits, calculate credit limitations one credit at a time.   
 
Line 20: Subtract line 19 from line 16. This is the amount of unused credit able to be carried forward. Credits can be 
 carried forward for up to 15 years.   

Example A:                                                                                  Base 
                                                                                                 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
                                                                                            Year
Line 3: Monthly average of full-time employees  
(divide line 1 by line 2).................................................................. 10         30          32

Line 4: Previous year average (see instructions)..........................                             10          30
Line 5: Average increase in full-time employees 
(subtract line 4 from line 3)............................................................              20          2

Employees eligible for credit:                                                                         Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

Line 6: Year 1 increase............................................................................... 20          20           20          20          20

Line 7: Year 2 increase............................................................................................

Line 8: Year 3 increase.........................................................................................................

Line 9: Year 4 increase.....................................................................................................................

Line 10: Year 5 increase................................................................................................................................

Line 11: Year 6 increase.............................................................................................................................................

Line 12: Number of new jobs for credit (add line 6 through line 11)..........                          20

Example B:                                                                                  Base 
                                                                                                       Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
                                                                                            Year
Line 3: Monthly average of full-time employees  
(divide line 1 by line 2).................................................................. 10         30           28

Line 4: Previous year average (see instructions)..........................                             10           30
Line 5: Average increase in full-time employees 
(subtract line 4 from line 3)............................................................              20           (2)

Employees eligible for credit:                                                                         Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

Line 6: Year 1 increase............................................................................... 18           18          18          18          18

Line 7: Year 2 increase............................................................................................

Line 8: Year 3 increase.........................................................................................................

Line 9: Year 4 increase.....................................................................................................................

Line 10: Year 5 increase................................................................................................................................

Line 11: Year 6 increase.............................................................................................................................................

Line 12: Number of new jobs for credit (add line 6 through line 11)..........                          18

Example C:                                                                                  Base 
                                                                                                 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
                                                                                            Year
Line 3: Monthly average of full-time employees  
(divide line 1 by line 2).................................................................. 10         30           32          36

Line 4: Previous year average (see instructions)..........................                             10           30          32
Line 5: Average increase in full-time employees 
(subtract line 4 from line 3)............................................................              20           2           4

Employees eligible for credit:                                                                         Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

Line 6: Year 1 increase............................................................................... 20           20          20          20          20

Line 7: Year 2 increase............................................................................................ 2           2           2           2            2

Line 8: Year 3 increase.........................................................................................................

Line 9: Year 4 increase.....................................................................................................................

Line 10: Year 5 increase................................................................................................................................

Line 11: Year 6 increase.............................................................................................................................................

Line 12: Number of new jobs for credit (add line 6 through line 11)..........                          20           22

Example D:                                                                                  Base 
                                                                                                 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
                                                                                            Year
Line 3: Monthly average of full-time employees  
(divide line 1 by line 2).................................................................. 10         30           32          28

Line 4: Previous year average (see instructions)..........................                             10           30          32
Line 5: Average increase in full-time employees 
(subtract line 4 from line 3)............................................................              20           2           (4)

Employees eligible for credit:                                                                         Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

Line 6: Year 1 increase............................................................................... 20           20          20          20          20

Line 7: Year 2 increase............................................................................................ (2)         (2)         (2)         (2)          (2)

Line 8: Year 3 increase.........................................................................................................

Line 9: Year 4 increase.....................................................................................................................

Line 10: Year 5 increase................................................................................................................................

Line 11: Year 6 increase.............................................................................................................................................

Line 12: Number of new jobs for credit (add line 6 through line 11)..........                          20           18

Example E:                                                                                  Base 
                                                                                                 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
                                                                                            Year
Line 3: Monthly average of full-time employees  
(divide line 1 by line 2).................................................................. 10         30           28          32

Line 4: Previous year average (see instructions)..........................                             10           30          28
Line 5: Average increase in full-time employees 
(subtract line 4 from line 3)............................................................              20           (2)         4

Employees eligible for credit:                                                                         Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

Line 6: Year 1 increase............................................................................... 18           18          18          18          18

Line 7: Year 2 increase............................................................................................ 0           0           0           0            0

Line 8: Year 3 increase.........................................................................................................

Line 9: Year 4 increase.....................................................................................................................

Line 10: Year 5 increase................................................................................................................................

Line 11: Year 6 increase.............................................................................................................................................

Line 12: Number of new jobs for credit (add line 6 through line 11)..........                          18           18

Example F:                                                                                  Base 
                                                                                                 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
                                                                                            Year
Line 3: Monthly average of full-time employees  
(divide line 1 by line 2).................................................................. 10         30           28          24

Line 4: Previous year average (see instructions)..........................                             10           30          28
Line 5: Average increase in full-time employees 
(subtract line 4 from line 3)............................................................              20           (2)         (4)

Employees eligible for credit:                                                                         Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

Line 6: Year 1 increase............................................................................... 18           18          18          18          18

Line 7: Year 2 increase............................................................................................ (4)         (4)         (4)         (4)          (4)

Line 8: Year 3 increase.........................................................................................................

Line 9: Year 4 increase.....................................................................................................................

Line 10: Year 5 increase................................................................................................................................

Line 11: Year 6 increase.............................................................................................................................................

Line 12: Number of new jobs for credit (add line 6 through line 11)..........                          18           14

Example G:                                                                                  Base 
                                                                                                 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
                                                                                            Year
Line 3: Monthly average of full-time employees  
(divide line 1 by line 2).................................................................. 10         30           28          14

Line 4: Previous year average (see instructions)..........................                             10           30          28
Line 5: Average increase in full-time employees 
(subtract line 4 from line 3)............................................................              20           (2)         (14)

Employees eligible for credit:                                                                         Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

Line 6: Year 1 increase............................................................................... 18           18          18          18          18

Line 7: Year 2 increase............................................................................................ (14)        (14)        (14)        (14)         (14)

Line 8: Year 3 increase.........................................................................................................

Line 9: Year 4 increase.....................................................................................................................

Line 10: Year 5 increase................................................................................................................................

Line 11: Year 6 increase.............................................................................................................................................

Line 12: Number of new jobs for credit (add line 6 through line 11)..........                          18           0

Find more information about the New Jobs Credit at dor.sc.gov/policy, including: 
       SC Revenue Ruling #99-5: a question and answer advisory opinion about the 1996 version of the credit 
       SC Revenue Ruling #05-5: an advisory opinion defining expansion 
       Information Letters with county designations for each year 
       South Carolina Tax Incentives for Economic Development: a manual with descriptions of tax credits 
       Any future or updated advisory opinions relating to the credit 
 
If you are filing by paper, attach a copy of this form to your tax return. If you are filing electronically, include the 
information from this form when you file your return. Keep a copy of the form for your records.   

Social Security Privacy Act Disclosure 
It is mandatory that you provide your Social Security Number on this tax form if you are an individual taxpayer. 42 U.S.C. 405(c)(2)(C)(i) 
permits a state to use an individual's Social Security Number as means of identification in administration of any tax. SC Regulation 
117-201 mandates that any person required to make a return to the SCDOR must provide identifying numbers, as prescribed, for 
securing proper identification. Your Social Security Number is used for identification purposes. 
The Family Privacy Protection Act 
Under the Family Privacy Protection Act, the collection of personal information from citizens by the SCDOR is limited to the information 
necessary for the SCDOR to fulfill its statutory duties. In most instances, once this information is collected by the SCDOR, it is protected 
by law from public disclosure. In those situations where public disclosure is not prohibited, the Family Privacy Protection Act prevents 
such information from being used by third parties for commercial solicitation purposes.