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STATE OF SOUTH CAROLINA 1350 SC SCH.TC 4 DEPARTMENT OF REVENUE (Rev. 7/23/14) 3117 NEW JOBS CREDIT 20 (ATTACH TO RETURN) SSN or VEIN NUMBER OF FULL TIME EMPLOYEES SUBJECT TO WITHHOLDING DURING EACH

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What is new jobs credit?

The new jobs credit is a tax incentive program that encourages businesses to create new jobs in order to stimulate economic growth.

Who is required to file new jobs credit?

Businesses that have created new jobs and wish to claim the tax credit are required to file the new jobs credit.

How to fill out new jobs credit?

To fill out the new jobs credit, businesses must provide details about the new jobs created, including the number of new hires and their wages.

What is the purpose of new jobs credit?

The purpose of the new jobs credit is to incentivize businesses to expand their workforce and contribute to job creation in the economy.

What information must be reported on new jobs credit?

Businesses must report details such as the number of new hires, their positions, wages, and the date they were hired on the new jobs credit form.

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