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Section 12-8-1550. Due date for statements filed with department; recapitulation and reconciliation statement; request for filing extension.

SC Code § 12-8-1550 (2019) (N/A)
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(A) On or before the last day of January following the calendar year of the withholding, the following items must be filed with the department:

(1) the original copy of the statement required by Section 12-8-1540;

(2) a recapitulation and reconciliation of taxes withheld and paid in the form the department prescribes.

(B) A withholding agent may request in writing an extension of time for filing the information required under this section for a time not to exceed thirty days.

(C) Where essentially the same information required to be submitted by Section 12-8-1540 is required to be submitted to the Internal Revenue Service on magnetic media, the same method must be used for purposes of this section.

HISTORY: 1995 Act No. 76, Section 2; 1997 Act No. 83, Section 3; 2016 Act No. 160 (H.4328), Section 2, eff April 21, 2016.

Effect of Amendment

2016 Act No. 160, Section 2, in (A), substituted "January" for "February".

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Section 12-8-1540. Agents shall furnish statements to taxpayers and department; contents.
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