South Carolina § 12-16-920 - Qualified heir's liability for additional tax; lien reflecting adjusted tax difference.
Full text of South Carolina South Carolina Code of Laws § 12-16-920 — Qualified heir's liability for additional tax; lien reflecting adjusted tax difference., with citation guidance and answers to common questions.
§ 12-16-920. Qualified heir's liability for additional tax; lien reflecting adjusted tax difference.
The qualified heir is personally liable for the additional tax imposed under this article. The amount of the adjusted tax difference attributable to an interest in any qualified property, computed in the same manner as provided in Internal Revenue Code Section 2032A(c)(2)(C) is a lien on the interest in the property in favor of this State. The lien arises at the time the election is filed hereunder and continues until:
(1) the liability for tax under this article attributable to the interest has been satisfied or has become unenforceable by lapse of time; or
(2) it is established to the satisfaction of the department that no further tax liability attributable to the interest may arise under this article.
HISTORY: 1987 Act No. 70, SECTION 1.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 12-16-920
What does South Carolina Code of Laws § 12-16-920 cover?
Section 12-16-920 ("Qualified heir's liability for additional tax; lien reflecting adjusted tax difference.") 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 § 12-16-920?
A common citation format is "South Carolina Code of Laws § 12-16-920" (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 § 12-16-920 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.