Tax Day: What to know for last-minute filing

CHARLESTON, S.C. (WCBD) – State and federal income taxes are due Monday. Are you ready?

April 15 marks the last day to file your individual income tax returns for 2023, and the South Carolina Department of Revenue (SCDOR) is offering some tips for procrastinators.

First, officials say last-minute filers should ensure they have all necessary documentation like their W-2s and 1099s before beginning the filing process. If you need a copy of your 2021 or 2022 return, you can access transcripts of past SC individual income tax returns online through SCDOR’s free tax portal.

Next, officials recommend that you choose the best online filing method for your situation. Many in South Carolina are eligible to file online for free with easy-to-use tax preparation software. To find a list of reputable options, click here.

SCDOR said more than 1.6 million returns had already been filed by April 5, with 96% of those filed electronically.

Finally, filers should consider opting for direct deposit to get their tax refund. SCDOR said direct deposit is the fastest and safest refund option since your refund is deposited directly into your bank account.

But wait – do you need more time to file?

SCDOR said you should file for an extension if you are not prepared to meet Monday’s deadline. You can request an extension, which pushes your deadline to file until October 15, 2024.

“Before you ask for an extension, keep in mind that extending the deadline for filing your return does not delay the deadline for paying any tax due. If you expect to owe a balance, you are still required to pay what you owe by April 15, 2024,” said SCDOR.

For more information about filing your South Carolina individual income tax returns, click here.

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Author: Tim Renaud