South Carolina · Jobs · SC-JOBS-001
New Jobs Credit
Publication revised September 24, 2026. Sourcebook page 242.
Credit amount / calculation
Per-job amount varies by county; 50% liability limit and 15-year carryforward.
Business fit and eligible activity
Certain employers creating and maintaining 10+ jobs can receive county-tiered credits. Hiring, wages or qualifying training; where the program also requires investment, satisfy both tests.
Eligibility and practical use
This is a hiring credit, not an equipment credit. It becomes interesting only when the planned headcount clears the program threshold and the new jobs satisfy wage, hours, location, and retention rules. A logging contractor should confirm that its industry or work location is within the eligible class before counting the jobs. Tax-year claim: document qualifying child-care startup or operating costs and meet any state certification or filing requirements. Apply the program expense limits and annual tax-liability cap before claiming the credit.
Illustrative business benefit
Use-of-credit illustration, not an estimated award: assume the agency or completed tax form establishes a $1,000 credit for the qualifying activity described above. If sufficient eligible tax is due, a $1,000 credit available for current use reduces that tax by $1,000. If annual limits allow only $600, that is this year's saving; the other $400 survives only if the carryforward or transfer rules permit. Obtain the actual program calculation before estimating a project benefit.
Timing / first action
Tax-year claim: document the eligible expense, hire or placed-in-service date and meet any separate certification deadline. Test the actual hiring plan against the net-new-job, wage, hours, location, and retention rules before assigning value to the credit.
Official sources
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