South Carolina Renters Rebate 2024: Eligibility, Income Limit, and How to Apply

South Carolina Renters Rebate 2024 – The South Carolina Renters Rebate is a program that helps low-income families and seniors with their housing costs. In this article, we will provide an overview of the program, eligibility criteria, income limit, application process, and program details.

What is the South Carolina Renters Rebate?

The South Carolina Renters Rebate is a tax credit program that helps low-income families and seniors with their housing costs. The program is administered by the South Carolina Department of Revenue and provides a maximum rebate amount of $750.

Who is eligible for the South Carolina Renters Rebate?

To be eligible for the South Carolina Renters Rebate, you must meet the following criteria:

You must be a resident of South Carolina
You must be a renter
Your total household income must be below the program’s income limit
You must be 65 years of age or older, or disabled, or legally blind

How to apply for the South Carolina Renters Rebate

To apply for the South Carolina Renters Rebate, you need to follow these steps:

Obtain the application form from the South Carolina Department of Revenue or download it from their website.
Fill out the form completely and attach all required documents, such as proof of income and residency.
Submit the form by mail to the South Carolina Department of Revenue by the deadline.

South Carolina Renters Rebate income limit

The South Carolina Renters Rebate program has an income limit, which is based on the size of the household. The income limit for 2024 is as follows:

One-person household: $23,500
Two-person household: $27,000
Three-person household: $30,500
Four-person household: $34,000
For each additional person, add $3,500 to the income limit.

South Carolina Renters Rebate program details

The South Carolina Renters Rebate program provides tax credit to eligible low-income families and seniors to help with their housing costs. The program is designed to assist those who are struggling with high housing costs, and the maximum rebate amount is $750. Here are some program details to keep in mind:

The program is administered by the South Carolina Department of Revenue.
Applications are accepted starting on January 1 of each year, and the deadline to apply is June 1.
The rebate is based on a sliding scale, which means the amount of the rebate depends on the household’s income and the amount of rent paid.
The rebate is not considered taxable income.

Conclusion

The South Carolina Renters Rebate program is a valuable resource for low-income families and seniors struggling with high housing costs. If you meet the eligibility criteria, be sure to apply before the June 1 deadline to receive tax credit up to $750. Contact the South Carolina Department of Revenue for more information and application forms.

Download South Carolina Renters Rebate 2024