S.0424

South Carolina S0424 allows a tax deduction for physicians' charity care provided on a volunteer or pro bono basis.

South Carolina S0424 amends the state's tax code to introduce a deduction for qualified charity care provided by physicians. This deduction applies to services rendered on a volunteer or pro bono basis through a qualifying arrangement with a healthcare clinic or charitable nonprofit organization. The deduction is limited to 10% of the physician's gross income from providing such services or $10,000, whichever is less. The deduction is subject to the Medicare Economic Index and must be claimed in the year the charity care is provided.