Tax Free South Carolina 2024

Tax Free South Carolina 2024. In 2024, the rate ranges from 0.06%, all the way up to 5.46% on the first. Essentially, it translates to $13,850.00 per year.

Federal income tax (10% to 37%) state income tax (0% to 6.3%) social security (6.2%) medicare (1.45% to 2.35%) on average, taxes consume about 15% to 40% of. As an employer in south carolina, you have to pay unemployment insurance to the state.