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1350 STATE OF SOUTH CAROLINASTATE OF SOUTH CAROLINA
2023
DEPARTMENT OF REVENUEDEPARTMENT OF REVENUE SC1041ES
(Rev. 5/3/22)
dor.sc.gov FIDUCIARY DECLARATION OF ESTIMATED TAX 3085

Pay online using our free tax portal, MyDORWAY, at dor.sc.gov/pay. Select Business Income Tax
Payment to get started. Do not mail a paper copy of the SC1041ES if you pay online.

• If you owe $15,000 or more in connection with any SCDOR return, you must file and pay electronically according
to SC Code Section 12-54-250.
• If you file by paper, use only black ink on the SC1041ES form and on your check.
• Enter your Federal Employer Identification Number (FEIN).
• Mark the box for the quarter the payment is being made.
• Enter your name and address.
• Enter your payment amount in whole dollars without a dollar sign (for example: 154.00).
• Your payment amount should match the amount on line 13 of your 2023 Estimated Tax Worksheet.
• If no payment is due, do not mail the SC1041ES.
• Make your check payable to SCDOR. Include your name, FEIN, and 2023 SC1041ES in the memo line of the
check. Do not send cash.
• Mail your SC1041ES and payment in one envelope.

Mail your SC1041ES and payment to:
SCDOR, Fiduciary Income Tax Payment, PO Box 125, Columbia, SC 29214-0038

cut along dotted line

1350 SC1041ES
SC DEPARTMENT OF REVENUE (Rev. 5/3/22)
2023 3085
dor.sc.gov FIDUCIARY DECLARATION OF ESTIMATED TAX
Pay online! It's quick and easy! Use our free online tax portal, MyDORWAY, at dor.sc.gov/pay.
FEIN Mark quarter with X (required)
1st Qtr 2nd Qtr
Name and address Jan, Feb, Mar Apr, May, Jun
3rd Qtr 4th Qtr
Jul, Aug, Sep Oct, Nov, Dec

Payment
amount . 00

Do not send cash. Make your check payable to SCDOR and include your name, FEIN, and 2023 SC1041ES in the memo.

30851232

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Payment
amount . 00

Do not send cash. Make your check payable to SCDOR and include your name, FEIN, and 2023 SC1041ES in the memo.

30851232

cut along dotted line

Payment
amount . 00

Do not send cash. Make your check payable to SCDOR and include your name, FEIN, and 2023 SC1041ES in the memo.

30851232

cut along dotted line

Payment
amount . 00

Do not send cash. Make your check payable to SCDOR and include your name, FEIN, and 2023 SC1041ES in the memo.

30851232

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SC1041ES INSTRUCTIONS 2023 (Rev. 2/15/2023)

Filing requirements
Resident and nonresident Fiduciaries must file a Declaration of Estimated Tax if they expect to owe an Income Tax liability of $100 or
more with the filing of their SC1041, Fiduciary Income Tax Return. This expected total tax includes Income Tax withheld on distributions
of South Carolina income to nonresident beneficiaries.

Use the Estimated Tax Worksheet to compute your Estimated Tax:
• If you are a resident of South Carolina, use your 2022 SC1041 as a basis to calculate your Estimated Tax.
• If you are a nonresident of South Carolina, use your 2022 SC1041, Part III as a basis to calculate the South Carolina taxable
income to enter on line 3 of the Worksheet.
o Enter the Estimated Tax on line 4 of the Worksheet.
o Enter on line 9 of the Worksheet 7% withholding of South Carolina taxable income that is payable to nonresident
beneficiaries. Do not withhold on nonresident beneficiaries whose income is exempt from withholding based on the
I-41 affidavit.

Exceptions to filing a Declaration of Estimated Tax:
• Estates for the first two tax years after the decedent's death
• Fiduciaries whose prior year tax liability was $0 for a full 12 months

Declaration adjustment
If your Estimated Tax substantially increases or decreases, file the adjusted Declaration by the next payment due date. Use the
SC1041ES to make the adjusted payment.

Complete the Adjusted Declaration Schedule, found on page 4 of these instructions, to determine the amount to be paid.

Payment due dates
1. If you file using a calendar year end of December 31, your Estimated Tax payments are due in four equal installments as follows:
• 1st quarter: due April 18, 2023
• 2nd quarter: due June 15, 2023
• 3rd quarter: due September 15, 2023
• 4th quarter: due January 16, 2024

You can choose to pay all of your Estimated Tax on April 18, the due date of the first installment. Instead of making your last payment
on January 16, you can choose to file your SC1041 by February 1 and pay in full the balance of Income Tax due.

2. If you are not required to file on April 18:
• Your first Estimated Tax payment is due on June 15, 2023 if you meet your Estimated Tax filing requirement after April 1 and
before June 1.
• Your first Estimated Tax payment is due on September 15, 2023 if you meet your Estimated Tax filing requirement after June
1 and before September 1.
• Your first Estimated Tax payment is due on January 16, 2024 if you meet your Estimated Tax filing requirement after
September 1.

3. If you file on a fiscal tax year, your Estimated Tax payments are due on the 15th day of the fourth, sixth, and ninth months of the
fiscal year and the first month of the following fiscal year.

Penalty for failure to file and pay Estimated Tax
You may be charged a penalty if:
• you do not pay enough Estimated Tax.
• you do not make your payments by the due date and for the required amount.
• you do not pay at least 90% of the total tax due.

Generally, you can avoid a penalty if you make timely Estimated Tax payments equal to 100% of the tax shown due on your SC1041
for the prior tax year. You must have filed a SC1041 for the prior tax year, and it must have covered a 12-month year.

If the adjusted gross income on your prior year SC1041 was more than $150,000, the 100% rule is adjusted to 110% of last year's tax
liability. Calculate adjusted gross income by using federal guidelines and making South Carolina adjustments.

Refer to the SC2210, Underpayment of Estimated Tax By Individuals, Estates, and Trusts, available at dor.sc.gov/forms for more
information on computing the underpayment penalty.

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2023 Estimated Tax Worksheet
1. Enter the federal taxable income from your 2023 federal 1041ES, line 6 ................................. 1. $
2. South Carolina state adjustments (positive or negative)
For purposes of the 110% rule, include Active Trade or Business Income ................................ 2. $
3. South Carolina taxable income (add line 1 and line 2) ............................................... 3. $
4. Tax (calculate the tax on line 3 income using the Tax Computation Schedule in these instructions) ............ 4. $
5. Enter any additional tax (from your SC4972 or I-335) ................................................ 5. $
6. Add line 4 and line 5 ......................................................................... 6. $
7. Nonrefundable credits from your SC1040TC....................................................... 7. $
8. Subtract line 7 from line 6 ..................................................................... 8. $
9. Enter 7% of the estimated South Carolina income payable to nonresident beneficiaries ..................... 9. $
10. Estimated Tax (add line 8 and line 9) ............................................................ 10. $
11. State Income Tax estimated to be withheld during year 2023.......................................... 11. $
12. Balance of Estimated Tax (subtract line 11 from line 10) If $100 or more, you must make Estimated Tax payments.
If less than $100, no payment is required. Round to the nearest dollar ................................. 12. $
13. If the first payment you are required to file is:
due April 18, 2023, enter 1/4
due June 15, 2023, enter 1/2 of line 10, minus any 2022 overpayment applied to 2023 Estimated Tax.
due September 15, 2023, enter 3/4
due January 16, 2024, enter amount } Enter here and as the payment amount on your voucher............ 13. $

2023 Tax Computation Schedule for South Carolina Residents and Nonresidents

Tax Computation Schedule Example of computation
If the amount on line 3 of worksheet is:
At But less South Carolina income subject to tax on line 3 of
least than Compute the tax as follows: worksheet is $16,940. The tax is calculated as follows:
$0 $3,330 0% times the amount
3,330 16,680 3% times the amount minus $100 $16,940 income from line 3 of worksheet
16,680 or more 6.4% times the amount minus $670 X .064 percent from tax computation schedule
1,084 (1,084.16 rounded to the nearest dollar)
- 670 amount from tax computation schedule
$414tax to be entered on line 4 of worksheet

2023 Adjusted Declaration Schedule

1. Adjusted Estimated Tax ..................................................................... 1.
2. Subtract: a. Amount of 2022 overpayment applied to Estimated Tax for 2023 .......................... 2a.
b. Total Estimated Tax payments made................................................ 2b.
c. Total (add line 2a and line 2b) ..................................................... 2c.
3. Unpaid balance (subtract line 2c from line 1)..................................................... 3.
4. Amount to be paid (line 3 divided by number of remaining payments)
Enter here and as the payment amount on the SC1041ES voucher................................... 4.

Record of Estimated Tax Payment
The SCDOR does not mail a statement of the amount of Estimated Tax paid during the year. Complete this section for your records.
Overpayment
credit on Voucher 1 Voucher 2 Voucher 3 Voucher 4 Total
2022 return
Amount

Date

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