South Carolina H3865 amends income tax deductions to exclude earnings of individuals under 18.
South Carolina H3865 amends the state's income tax code to provide a deduction for amounts earned by individuals under the age of eighteen. It also exempts individuals under 18 from filing an income tax return. The bill adds a new section to the S.C. Code to clarify that those under 18 are not required to file a return, even if they have earned income. This change takes effect upon approval by the Governor.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.