Employers are allowed an additional income tax credit for hiring qualified Family Independence Payment recipients in a least developed county. The credit is $175 per month for each full month of full time employment during the first thirty six months of employment per qualifying employee. Note that the employment must be full time as per South Carolina Code Section 12-6-3360.
Distressed counties or least developed counties are those defined in Section 12-6-3360 for the purposes of the jobs tax credit. See the SC Website www.sctax.org for information on each taxable year for county classifications.
The recipient of Family Independence payments must have received the payments for the three months before the month of becoming employed full-time.
An employer shall request documentation as to certification of Family Independence eligibility from the South Carolina Department of Social Services in writing by the fifteenth day of the first month after the end of the tax year in which the recipient is hired. The Department of Social Services has thirty days in which to either approve or deny this certification.
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