York and Lancaster CountiesRock Hill - Fort Mill - York - Tega Cay - Lancaster
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That might be a horse of a different color then. From the SC Income Tax SC1040 Tax Instructions,
"If disability retirement income was taxed on your federal income tax return and you are totally and permanently
disabled, you may be able to deduct this income from your South Carolina taxable income.
You must be totally and permanently disabled, unable to be substantially gainfully employed, receiving income from a
disability retirement plan, and eligible for the homestead exemption under Section 12-37-250. You must attach a copy of
the physician's statement establishing that you are permanently and totally disabled.
NOTE: The deduction is limited to payments received from retirement plans. Third party sick pay reported on a W-2 does
not qualify for the total and permanent disability retirement deduction".
I would definitely check with an accountant here to make sure.
Also to the OP I'm new to the Indian Land area, but so far am loving it. I have heard good things about the schools and the property taxes are a bit lower too.
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