South Carolina’s Withholding Tax Tables have been updated
November 16, 2023What you need to know:
- The SCDOR has published its annual update of the state’s Withholding Tax Tables.
- As a result of last year’s update, less taxes were withheld from paychecks in 2023, which could result in a reduced refund this coming tax season.
- The SCDOR recommends that taxpayers contact their employer’s payroll department to see if they need to adjust their withholding amount.
South Carolina has once again updated its Withholding Tax Tables.
The South Carolina Department of Revenue (SCDOR) revises the state’s Withholding Tax tables annually and has since 2017. Taxpayers since then may have noticed a small increase in their paychecks and a small decrease in their Individual Income Tax refunds.
This past summer, the SCDOR advised taxpayers that their refunds next year may be less than in past years, because less money was withheld from their paychecks in 2023. This is due in part to last year’s update to the Withholding Tax Tables, which accounted for legislative tax cuts.
Keep in mind:
- The amount of the withholding change in taxpayers’ paychecks depends on a variety of factors, including how much each taxpayer makes and how often they are paid.
- The withholding adjustments only affect South Carolina Individual Income Tax.
- Taxpayers should check their withholding early each year or if they have experienced significant life changes, including:
-
- Marriage
- Divorce
- The birth of a child
- A new job or raise
- New taxable income not subject to withholding
- Changes in itemized deductions or tax credits
Learn more
For more withholding information, and to view the updated Tax Tables, visit dor.sc.gov/withholding.
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