Transcription of STATE OF SOUTH CAROLINA DEPARTMENT OF REVENUE …
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1350 STATE OF SOUTH CAROLINA . DEPARTMENT OF REVENUE . I-348. (Rev. 8/5/19). composite filing instructions 3499. What is a composite return? A composite return is a single return filed by a Partnership, S Corporation, or Limited Liability Company (LLC). taxed as a Partnership or S Corporation on behalf of two or more nonresident individuals, trusts, or estates who are partners of the Partnership, shareholders of the S Corporation, or members of the LLC. It allows S Corporations or Partnerships to compute and report the SOUTH CAROLINA income and tax for electing nonresident shareholders or partners on a single SC1040 Individual Income Tax Return.
I-348 (Rev. 5/19/15) 3499 STATE OF SOUTH CAROLINA DEPARTMENT OF REVENUE COMPOSITE FILING INSTRUCTIONS 1350 SC1040 Composite Filing For S Corporations, Partnerships, And
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