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South Carolina Discusses Federal Extenders – Tax & Accounting Blog

South Carolina has not yet adopted the federal tax provisions retroactively renewed for 2017 by the Bipartisan Budget Act of 2018.

IRC Provisions Not Enacted by South Carolina

The provisions available for 2017 federal returns, but not yet enacted by South Carolina, include:

  • exclusion from gross income of discharge of qualified principal residence indebtedness;
  • treatment of mortgage insurance premiums as qualified residence interest;
  • deduction for qualified tuition and related expenses; and
  • deduction for out-of-pocket medical expenses exceeding 7.5% of adjusted gross income (rather than 10%).

Options for 2017 Returns

South Carolina income tax filers have several options regarding their 2017 state returns while waiting for action by the state legislature. They can:

  1. postpone filing their tax returns until closer to the filing deadline;
  2. file now based on current state law, making adjustments for the federal provisions not yet adopted (an amended South Carolina return can be filed later, if necessary); or
  3. extend their state returns and wait until the end of the South Carolina legislative session to file.

The Department of Revenue’s release is available at

News Release, South Carolina Department of Revenue, March 14, 2018

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Author: CCHTaxGroup

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