Variations in Receipt of Benefit
No Variation in Receipt of Benefits
Eligible applicants receive an exemption of the first $50,000 from the assessed value of county, municipal, school and special assessment property taxes. Applications must be filed with the local tax authority no later than 15 July in order to receive the benefit for that year. Once a preliminary application has been filed, no subsequent application is required unless the applicant dies or moves to another address. Consult local tax auditor for applications, filing instructions, or with other questions.
How is Benefit Disbursed
Exemption from assessed value
Eligible Property Type
Characteristics of Eligible Property
Eligibility is the permanent home and legal residence of the applicant.
Description of Eligibility Criteria
Eligible taxpayers must be: (1) at least 65 years old; or (2) classified as totally and permanently disabled by a state or federal agency; or (3) legally blind. Individuals must also occupy the qualifying property as their primary residence. Applicant must have turned 65 years of age by 31 December of the preceding tax year and must have been a resident of South Carolina for at least 1 year. Applications for the exemption must be accompanied by documents certifying eligibility. Surviving spouses are also eligible for the exemption.
Local Option in Adoption of Program
Local government is unable to exercise an option
Local Option Regarding Program Features
No local option regarding program features
State Funding for Local Tax Loss
State reimburses all of the local government tax loss
Description of State Funding for Tax Loss
The state reimburses local governments for the total cost of providing the exemptions.
S.C. Code Ann. § 12-37-270 (in effect for 2021)
[https://dor.sc.gov/resources-site/lawandpolicy/Documents/SCTIED-Chapter%205.pdf#search=homestead%20exemption Accessed 03/21/2022]
View Archived Source
South Carolina Department of Revenue, Brief Overview and Current Status of Property Tax in South Carolina (2020)
[https://www.scstatehouse.gov/Archives/CitizensInterestPage/PropertyTaxReform/BriefOverviewofPropertyTaxesinSC.doc Accessed 03/21/2022]
View Archived Source