Home/South Carolina/Statutes/Title 12: TAXATION/Ch. 8: INCOME TAX WITHHOLDING/§ 12-8-1040
South Carolina Statutes

§ 12-8-1040 — Waiver of withholding requirements.

South Carolina § 12-8-1040
JurisdictionSouth Carolina
Title 12TAXATION
Ch. 8INCOME TAX WITHHOLDING

This text of South Carolina § 12-8-1040 (Waiver of withholding requirements.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.C. Code Ann. § 12-8-1040 (2026).

Text

An employee may request waiver of the withholding requirements in Section 12-8-520 if the employee files a withholding exemption certificate annually on or before January 1 and certifies that he:

(1)incurred no liability for income tax imposed under Chapter 6 of Title 12 in the previous taxable year; and (2) anticipates no income tax liability for the current year.

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Legislative History

HISTORY: 1995 Act No. 76, SECTION 2.

Nearby Sections

15
§ 12-8-10
Definitions.
§ 12-8-1010
Withholding exemptions and exemption certificates.
§ 12-8-1020
Change in exemptions; decrease.
§ 12-8-1030
Incorrect withholding exemption certificate; notification of department; determination of number of exemptions to be allowed; appeal by employee.
§ 12-8-1040
Waiver of withholding requirements.
§ 12-8-1050
Withholding on wages paid for period which is not payroll period; withholding on wages paid without regard to any period; withholding in miscellaneous payroll period.
§ 12-8-1060
Estimated quarterly payments by employer of withholding.
§ 12-8-1070
Manner of withholding and amount deducted and withheld determined according to rules or regulations of department.
§ 12-8-1080
Agreement between department and U.S. Secretary of Treasury regarding withholding.
§ 12-8-1510
Inapplicability of article's provisions to withholding.
§ 12-8-1520
Withholding agents' duties to deposit and pay withholdings.
§ 12-8-1530
Quarterly returns; agent to continue to file reports until certain events occur.
§ 12-8-1540
Agents shall furnish statements to taxpayers and department; contents.
§ 12-8-1550
Due date for statements filed with department; recapitulation and reconciliation statement; request for filing extension.
§ 12-8-2010
Liability of agent failing to withhold or pay tax.
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Bluebook (online)
South Carolina § 12-8-1040, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/8/12-8-1040.