The South Carolina Department of Revenue has issued many advisory opinions over the past year that clarify taxability on topics that have generated a high degree of discussion.
The SCDOR invites you to take a closer look on what those advisory opinions say:
- IL20-13: Taxability of Federal COVID-19 Economic Stimulus Payments
- IL20-15: Taxability of Unemployment Compensation
- IL20-28: Tax Treatment of Federal Payroll Protection Program Loans for Small Businesses due to COVID-19
- IL20-34: Tax Treatment of a Charitable Deduction Taken by Individuals Claiming the Federal Standard Deduction as Provided in the Federal CARES Act
For a complete list of advisory opinions, visit dor.sc.gov/policy. You can select 2020 or 2021 on the Calendar Year Index to see a list of all advisory opinions issued for that year.