Form SC1120S-WH Withholding Tax on Income of Nonresident Shareholders - South Carolina

What Is Form SC1120S-WH?

This is a legal form that was released by the South Carolina Department of Revenue - a government authority operating within South Carolina. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form SC1120S-WH?A: Form SC1120S-WH is the withholding tax return for income earned by nonresident shareholders in South Carolina.

Q: Who needs to file Form SC1120S-WH?A: Nonresident shareholders who earned income in South Carolina need to file Form SC1120S-WH.

Q: What is the purpose of Form SC1120S-WH?A: The purpose of Form SC1120S-WH is to report and remit withholding taxes on income earned by nonresident shareholders in South Carolina.

Q: How often do I need to file Form SC1120S-WH?A: Form SC1120S-WH needs to be filed on a quarterly basis.

Q: When is the deadline for filing Form SC1120S-WH?A: The deadline for filing Form SC1120S-WH is on or before the last day of the month following the end of the quarter.

Q: What information is required to complete Form SC1120S-WH?A: To complete Form SC1120S-WH, you will need the nonresident shareholders' income information, withholding tax calculations, and other related details.

Q: Are there any penalties for not filing Form SC1120S-WH?A: Yes, there are penalties for not filing Form SC1120S-WH or filing it late, including interest charges and potential legal actions.

Q: Can I claim a refund for overpaid withholding taxes on Form SC1120S-WH?A: Yes, you can claim a refund for overpaid withholding taxes on Form SC1120S-WH by following the instructions provided by the South Carolina Department of Revenue.