South Carolina § 12-6-4950 - Information returns.
Full text of South Carolina South Carolina Code of Laws § 12-6-4950 — Information returns., with citation guidance and answers to common questions.
§ 12-6-4950. Information returns.
(A) An information return must be filed by all individuals, corporations, and partnerships acting in any capacity who make payments to another individual, corporation, or partnership in the amount of:
(1) two hundred dollars or more of interest or dividends; or
(2) eight hundred dollars or more of rent, salaries, wages, emoluments, or determinable gain, profit, or income.
(B) The return shall provide the recipient's name, address, and the amount of the payments.
(C) Providing the department with information required to be provided to the Internal Revenue Service or participating in the department agreement with the Internal Revenue Service to allow combined federal and state reporting of information returns constitutes compliance with this section.
(D) The provisions of this section do not apply to personal service compensation paid to individuals on which withholding taxes are required and reported as provided in Article 13 of Chapter 8.
HISTORY: 1995 Act No. 76, SECTION 1.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 12-6-4950
What does South Carolina Code of Laws § 12-6-4950 cover?
Section 12-6-4950 ("Information returns.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 12-6-4950?
A common citation format is "South Carolina Code of Laws § 12-6-4950" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 12-6-4950 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.