South Carolina Business Tax Calculator

Calculate corporate income tax, franchise tax, and gross receipts tax for businesses operating in South Carolina.

🗺️Why calculating in this state is different

South Carolina has a progressive income tax system.

State Income Tax
0% - 6.4%
Base Sales Tax
6%
State Min Wage
$7.25 / hr
Abbreviation
SC
South Carolina Business

This calculator uses the latest 2026 data for South Carolina, including the minimum wage of $7.25/hr and the specific state income tax rates (0% - 6.4%).

$
State Tax Rate0% - 6.4%
📊State Details
State Income Tax
0% - 6.4%
Base Sales Tax
6%
State Min Wage
$7.25/hr
Abbreviation
SC
Net Income
$53,700.00
after taxes in South Carolina
Gross Income
$75,000.00
Total Tax
$21,300.00
📈Key Metrics
Net Income
$53,700.00
after taxes
State Tax
$4,800.00
state income tax
Effective Tax Rate
28.4%
total tax burden
ℹ️Summary
Gross Income$75,000.00
Federal Tax$16,500.00
State Tax$4,800.00
Net Income$53,700.00
❓Frequently Asked Questions

What is the corporate tax rate in South Carolina?

Corporate tax structures vary. In addition to potential corporate income taxes, businesses in South Carolina must also consider unemployment insurance taxes, sales tax collection (6%), and local business licenses.

Do LLCs pay tax in South Carolina?

LLCs are typically pass-through entities, meaning profits pass through to the owners' personal tax returns and are taxed at the personal 0% - 6.4% rate. However, South Carolina may also impose an annual LLC franchise fee.

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