South Carolina property taxes
Varies
Are Property Taxes Deductible in South Carolina?
Short answer: Yes on your federal return if you itemize, within the $40,400 SALT cap. South Carolina adds its own break: 4% legal residence assessment ratio (vs 6% for other homes) for owner-occupied primary homes; apply with county assessor.
Homestead: exempts the first $50,000 of value for owners 65+, totally disabled, or legally blind. South Carolina primary homes are also exempt from school operating millage, shifting that cost to sales tax.
Records to keep: Keep receipts, statements, and a note of what each cost was for. Compare itemizing to the 2026 standard deduction ($16,100 single / $32,200 joint) before you claim.
South Carolina property taxes
Varies
Individuals / Personal Taxes
Yes on your federal return if you itemize, within the $40,400 SALT cap. South Carolina adds its own break: 4% legal residence assessment ratio (vs 6% for other homes) for owner-occupied primary homes; apply with county assessor.
Business justification
Yes on your federal return if you itemize, within the $40,400 SALT cap. South Carolina adds its own break: 4% legal residence assessment ratio (vs 6% for other homes) for owner-occupied primary homes; apply with county assessor. Homestead: exempts the first $50,000 of value for owners 65+, totally disabled, or legally blind. South Carolina primary homes are also exempt from school operating millage, shifting that cost to sales tax.
Category
- Personal Tax Deductions