As of May 2025, South Carolina residents may be eligible for up to $1,850 in combined federal and state financial relief. This amount includes unclaimed federal stimulus payments and state tax credits. Eligible individuals must act promptly to claim these funds before the approaching deadlines.
Eligibility for the $1,850 Payment
The $1,850 total comprises a $1,400 federal stimulus payment from the third round of Economic Impact Payments (EIP) and up to $450 from South Carolina state tax credits. To qualify for the federal payment, individuals must have earned less than $75,000 (or $150,000 for joint filers) in 2021 and not have received the full stimulus amount. The state credits include the Earned Income Tax Credit (EITC), Child and Dependent Care Tax Credit (CDCTC), and Two Wage Earner Credit.
How to Claim Your Payment
To receive the federal stimulus, eligible individuals must file a 2021 federal tax return and claim the Recovery Rebate Credit by April 15, 2025. For state tax credits, filing a 2024 South Carolina state tax return is necessary. Even if you had minimal or no income, filing these returns is essential to access the available credits.
Payment Distribution Methods
Federal payments will be issued via direct deposit or paper check, depending on the banking details provided in your tax return. State tax credits are typically added to your tax refund or used to offset any outstanding balance. It’s important to make sure your contact and account information is accurate to avoid any delays.
Summary of Available Payments
| Payment Type | Amount | Eligibility Criteria | Claim Deadline |
|---|---|---|---|
| Federal EIP (per person) | $1,400 | Income under $75K (single) / $150K (joint) | April 15, 2025 |
| South Carolina EITC | Varies | Based on federal EITC eligibility | April 15, 2025 |
| South Carolina CDCTC | Up to $210 | Child/dependent care expenses | April 15, 2025 |
| Two Wage Earner Credit | Up to $350 | Married couples filing jointly with both earning | April 15, 2025 |
South Carolina residents could unlock as much as $1,850 in relief by combining federal and state programs. Filing your federal and state tax returns before the April 15, 2025 deadline is the key to accessing these funds. Don’t miss this opportunity to boost your household finances.
FAQ’s:
1. What is the Recovery Rebate Credit?
It’s a federal tax credit for people who didn’t receive the full third-round stimulus payment.
2. How do I know if I received the South Carolina tax credits?
Check your state tax return or contact the Department of Revenue for confirmation.
3. Can I still claim the federal stimulus if I didn’t file in 2021?
Yes, by submitting a 2021 return by April 15, 2025, you can claim the payment.
4. Do these payments affect my tax refund or government benefits?
No, these payments are separate and won’t impact refunds or benefits like SNAP or SSI.
5. Where can I get help filing my return?
You can use free IRS tools online or consult with a certified tax preparer for assistance.
