Your self-employed business can be reported a few different ways for South Carolina purposes, but it all depends on how you registered with the Internal Revenue Service (IRS).

  • If your business was further registered to be a corporation, then you must file as a corporation in South Carolina separate from your state Individual Income Tax return.
  • If your business stayed as a Single Member LLC, then you have no separate requirement from your Individual Income Tax return.

Withholding Tax FAQs

It depends on how you registered with the Internal Revenue Service (IRS). For example, if when setting up your business, you kept it a Single Member LLC, you would need to report this on Schedule C, E, or F on your Individual Income Tax return.

If you registered your business with the South Carolina Secretary of State (SOS), you will need to file up until the entity’s dissolution date with the SOS.

Review your SS-4 and any paperwork (Form 2553) you submitted to the IRS afterward as this will state how your business was registered.

You need to provide the updated copy of your SS-4 from the Internal Revenue Service (IRS) with the revocation of the Subchapter S election and verify that your status is now Single Member LLC and not C-Corporation.

Learn more about different Income Tax filing at the following South Carolina Department of Revenue (SCDOR) links: