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                                                      STATE OF SOUTH CAROLINA                                                                              SC 990-T 
                                                                                                                                                           (Rev. 6/6/23) 
dor.sc.gov                       EXEMPTDue by the 15thORGANIZATIONday of the fifth month followingBUSINESSthe closeTAXof the taxableRETURNyear.            3315

                                           -      -                                              County or counties in SC where property is located
Income Tax period ending

FEIN                                                                                             Audit location: Street address

Name
                                                                                                 City                                               State        ZIP
Mailing address

City                             State                ZIP                                        Audit contact                                    Phone number

Change of                 Address             Accounting Period 
                                                                                                 Check if:          Initial Return            Amended Return
    Check if you filed a federal or state extension.                                             Check if:
Attach complete copy of federal return.                                                               Merged             Reorganized             Final 
1. Federal unrelated business taxable income from federal tax returns ................................................... 1.                                             00
2. Net adjustment from Schedule A and B, line 12 ............................................................................ 2.                                         00
3. Total net income as reconciled (add line 1 and line 2)..................................................................... 3.                                        00
4. If multi-state organization, enter amount from Schedule G, line 6; otherwise, enter amount from line 3......... 4.                                                    00
5. South Carolina net operating loss carryover, if applicable ................................................................ 5.                          <>00
6. South Carolina net income subject to tax (subtract line 5 from line 4) .................................................. 6.                                          00
7. Tax (multiply line 6 by 5%) ...................................................................................................... 7.                                 00
8. Nonrefundable credits from Schedule C, line 5 (attach SC1120TC) .................................................... 8.                                               00
9. Balance of tax (subtract line 8 from line 7)................................................................................... 9                                     00
10. Payments:  (a) Tax withheld (attach 1099s or I-290s) .................................................................. 10a.                                         00
                         (b) Paid by declaration......................................................................................... 10b.                           00
                         (c) Paid with extension......................................................................................... 10c.                           00
                         (d) Reserved for future use ................................................................................... 10d.                            00
11. Total payments (add line 10a through line 10c)...........................................................................  11.                                       00
12. Balance of tax (subtract line 11 from line 9) ...............................................................................  12.                                   00
13. (a) Interest ...................................................................................................................... 13a.                             00
      (b) Late file/pay penalty....................................................................................................... 13b.                              00
      (c) Declaration penalty (attach SC2220) .................................................................................. 13c.                                    00
      Total (add line 13a through line 13c) See penalty and interest instructions .........................................  13.                                         00
14. Total Income Tax, interest, and penalty (add line 12 and line 13)  ......................  BALANCE DUE                                           14.                 00
15. Overpayment (subtract line 9 from line 11)                                              00To be applied as follows: 
      (a)Estimated Tax                                                                                                                        (b)00 REFUND               00

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SC990-T Page 2
SCHEDULE A AND B ADDITIONS TO FEDERAL TAXABLE INCOME
1. Taxes on or measured by income.................................... 1.
2. Federal net operating loss ......................................... 2.
3. 3.
4. 4.
5. Other additions (attach schedule).................................... 5.
6. Total additions (add line 1 through line 5) .................................................... 6.

DEDUCTIONS FROM FEDERAL TAXABLE INCOME
7. Interest on US obligations ......................................... 7.
8. 8.
9. 9.
10. Other deductions (attach schedule) .................................. 10.
11. Total deductions (add line 7 through line 10).................................................. 11.
12. Net adjustment (subtract line 11 from line 6) Also enter on SC990-T, page 1, line 2 .................... 12.

SCHEDULE C SUMMARY OF INCOME TAX CREDITS (FROM SC1120TC)
1. Credit carryover from previous year's SC990-T, Schedule C (should match SC1120TC, Column A, line 13) .......... 1.
2. Enter total credits from SC1120TC, Column B, line 13. (attach SC1120TC and tax credit schedules) . . ...... 2.
3. Total credits (add line 1 and line 2) ......................................................... 3.
4. Tax from SC990-T, line 7 ................................................................ 4.
5. Lesser of line 3 or line 4 (enter on SC990-T, line 8; should match SC1120TC, Column C, line 13) ............. 5.
6. Enter credits lost due to statute (should match SC1120TC, Column D, line 13) ........................... 6.
7. Credit carryover (subtract line 5 and line 6 from line 3; should match SC1120TC, Column E, line 13)........... 7.

SCHEDULE D RESERVED
SCHEDULE E RESERVED

Under penalty of law, I certify that I have examined this return, including accompanying annual report, statements, and schedules,
Sign and it is true and complete to the best of my knowledge.
Here

Signature of officer Officer's title Email

Print officer's name Date Phone number
I authorize the Director of the SCDOR or delegate to discuss this return, Print preparer's name
attachments, and related tax matters with the preparer. Yes No
Paid Preparer's Date Check if Preparer's phone number
Preparer's signature self-employed
Firm's name (or PTIN or FEIN
Use Only yours if self-employed)
and address ZIP
If this is an organization's final return, signing here authorizes the SCDOR to disclose that information with the South Carolina
Secretary of State (SCSOS). You must close with the SCSOS and the SCDOR.

Taxpayer's signature Date

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SC990-T Page 3
Only multi-state organizations must complete Schedules F, G, and H

SCHEDULE F INCOME SUBJECT TO DIRECT ALLOCATION

Less: Net Amounts Net Amounts
Gross Related Allocated Directly to Allocated
Amounts Expenses SC and Other States Directly to SC
1 2 3 4
1. Interest not connected with business
2. Dividends received
3. Rents
4. Gains/losses on real property
5. Gains/losses on intangible personal property
6. Investment income directly allocated
7. Total income directly allocated
8. Income directly allocated to SC

SCHEDULE G COMPUTATION OF TAXABLE INCOME OF MULTI-STATE ORGANIZATIONS
1. Total net income as reconciled from SC990-T, page 1, line 3 1.
2. Income subject to direct allocation to SC and other states from Schedule F, line 7 2.
3. Total net income subject to apportionment (subtract line 2 from line 1) 3.
4. Multiply line 3 by appropriate ratio from Schedule H-1, H-2, or H-3 4.
5. Income subject to direct allocation to SC from Schedule F, line 8 5.
6. Total SC net income (add line 4 and line 5). Also enter on SC990-T, page 1, line 4 6.

SCHEDULE H-1 COMPUTATION OF SALES RATIO
Amount Ratio
1. Total sales within South Carolina (see SC1120 instructions)
2. Total sales everywhere (see SC1120 instructions)
3. Sales ratio (line 1 divided by line 2) %
If there are no sales anywhere: Enter 100% on line 3 if South Carolina is the principal place of business.
Enter 0% on line 3 if the principal place of business is outside of South Carolina.

SCHEDULE H-2 COMPUTATION OF GROSS RECEIPTS RATIO
Amount Ratio
1. South Carolina gross receipts
2. Amounts allocated to South Carolina on Schedule F < >
3. South Carolina adjusted gross receipts (subtract line 2 from line 1)
4. Total gross receipts
5. Total amounts allocated on Schedule F < >
6. Total adjusted gross receipts (subtract line 5 from line 4)
7. Gross receipts ratio (line 3 divided by line 6) %

SCHEDULE H-3 COMPUTATION OF RATIO FOR SECTION 12-6-2310 COMPANIES
Amount Ratio
1. Total within South Carolina (see SC 1120 instructions)
2. Total everywhere
3. Taxable ratio (line 1 divided by line 2) %

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INSTRUCTIONS

Filing requirements: In general, every corporation or unincorporated entity operating in South Carolina that is required
to file the federal 990-T to report unrelated business income must file the SC990-T. You must attach a copy of your
federal 990-T and supporting schedules to your SC990-T.

Basis of return: The unrelated business taxable income as shown on the federal 990-T is the basis for South Carolina
taxable income plus or minus the modifications required by state law. For information on these state modifications, see
the SC1120 instructions, available at dor.sc.gov/forms.

When to file:File the SC990-T by the 15th day of the fifth month after the end of the tax year.

Request for extension to file:
• Need more time to file? Request a filing extension by paying your balance due on our free online tax portal,
MyDORWAY at dor.sc.gov/pay. Select Business Income Tax Payment to get started. Your payment
automatically submits your filing extension request. No additional form or paperwork is required.
• If requesting your extension by mail, use the SC1120-T, Application for Automatic Extension of Time to File
Corporate Tax Return, available at dor.sc.gov/forms.
• If no tax is due and you requested a federal extension, the federal extension will be accepted as a South
Carolina extension if your SC990-T is received within the time as extended by the IRS.
• Mark the Extension box on the front of this return if you filed a federal or state extension.
• There is no extension of time to pay. Any tax due must be paid by the due date to avoid late penalties and
interest.

Line 5: After adding the federal net operating loss (NOL) to the federal taxable income in Schedule A, subtract the South
Carolina NOL on line 5. The NOL deduction is the South Carolina net operating loss carryover that can be deducted in
the current tax year. To be deductible, an NOL must have been incurred in an unrelated trade or business activity.

Line 13: Calculate penalty and interest using the Penalty and Interest Calculator, available at dor.sc.gov/calculator.
Avoid penalties and interest by filing and paying the tax when it is due.
• If an organization fails to file its tax return when due (including any extensions), it will be subject to a failure to file
penalty.
• If an organization fails to pay tax by the due date, a failure to pay penalty must be added to the tax.
• If an organization underpays its Estimated Tax, complete the SC2220, Underpayment of Estimated Tax by
Corporations, and attach it to this return. If your organization owes a penalty, show the amount in the space
provided. If your organization is due a refund, subtract the penalty amount from the overpayment on line 15. The
SC2220 is available at dor.sc.gov/forms.
• If an organization fails to pay the tax due, it will be charged interest at the rate provided under IRC Sections 6621
and 6622.

Attach a complete copy of your federal return.

Have a balance due? Pay online! It's quick and easy! Use our free online tax portal, MyDORWAY, at dor.sc.gov/pay.
Select Business Income Tax Payment to get started.

If you pay by check, make your check payable to SCDOR and include your name, FEIN, tax year, and SC990-T in the
memo. Do not send cash.

Mail Balance Due returns to: Mail Refund or Zero Tax returns to:
SCDOR SCDOR
Corporate Taxable Corporate Refund
PO Box 100151 PO Box 125
Columbia, SC 29202 Columbia, SC 29214-0032

PDF file checksum: 3363692611

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