WH-1606 — SC Withholding Fourth Quarter and Annual Reconciliation

# preamble

Want more information about Withholding Taxes? Visit dor.sc.gov/withholding WHAT'S NEW FOR WITHHOLDING TAX? • Withholding Tables and the SC W-4 are available online and updated annually. • Remember to submit your W-2s with SC income to the SCDOR. Skip the paper and upload using MyDORWAY! Fast. Easy. Secure. Manage your tax accounts online for FREE! Manage your tax accounts all in one place • Review your payment history • Immediate access to correspondence • Easily update your account information • View your past returns and application submissions + more! One-stop shop! Withholding Tax Returns Ready to sign up for MyDORWAY? Visit MyDORWAY .dor.sc.gov to get started. You'll need your FEIN or SSN, SCDOR File Number, and a Letter ID or copy of your last return. Tutorials are available at dor.sc.gov/MyDORWAY • 24/7 account access • Make ACH debit or credit card payments with no convenience fees • Receive immediate confirmation for transactions • Automatic calculations reduce errors • Control who has access to your tax accounts • Always know you're using the most up-to-date forms Why MyDORWAY?

Due by January 31 8. Total SC Income Tax withheld from all quarters reported from W-2s $________________, W-2Gs $_______, and 1099s $___________ Enter total on line 8. Line 8 should equal line 7. 9. Total SC income from W-2s, W-2Gs, and 1099s ...................... 10. Number of W-2s, W-2Gs, and 1099s submitted with your WH-1612 or online through MyDORWAY (see instructions)...................... Annual SC reconciliation information (required) Under penalty of law, I certify that this information is correct, true, and complete to the best of my knowledge. You must file WH-1606 even if you withheld no SC Income Tax during the quarter. Do not enter negative numbers. All cent fields must be completed using numbers (.00 - .99). I authorize the Director of the SCDOR or delegate to discuss this return, attachments, and related tax matters with the preparer. 1. 4th quarter SC Income Tax withheld from all sources ................. (Do not include amounts withheld during other quarters.) 2. 4th quarter SC Income Tax deposits or payments previously made ..... (SC payments must be made at the same time as federal payments.) 3. REFUND: If line 2 is greater than line 1, enter the difference on line 3.... SKIP LINES 4-6. DO NOT PAY THIS AMOUNT 4. TAX DUE: If line 2 is less than line 1, enter the difference on line 4 ......

5. Penalty $ Interest $ ........................... 6. Total SC Income Tax, penalty, and interest due Add line 4 and line 5................................ 4th quarter SC Income Tax information only Yes No Preparer's name 7. South Carolina tax withheld by quarter. Enter total on line 7. ATTACH CHECK HERE . . . 1.

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6. . . . . . 4th quarter Oct, Nov, Dec

# BALANCE DUE

SC Withholding File Number FEIN Year Quarter Sign Here Signature Name Title Date Email Phone (Rev. 8/29/23)

STATE OF SOUTH CAROLINA DEPARTMENT OF REVENUE SC WITHHOLDING FOURTH QUARTER

# AND ANNUAL RECONCILIATION RETURN

Place an X in all boxes that apply. Change of Address (Make changes to address below) Close Withholding Account Date AMENDED Return Business name and address File and pay online at MyDORWAY.dor.sc.gov. Do not mail when filing online. Jul - Sep Oct - Dec Jan - Mar Apr - Jun 7.

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10. Phone number Mail to: Balance due: SCDOR, Withholding, PO Box 100161, Columbia, SC 29202 Refunds or zero tax: SCDOR, Withholding, PO Box 125, Columbia, SC 29214-0004 .

# INSTRUCTIONS

The fastest, easiest way to file this return and make your payment is using MyDORWAY, our free online tax portal. If you've never created a MyDORWAY account, get started at dor.sc.gov/MyDORWAY-signup. Do not mail this form when filing online.

Due date: January 31 of the following year

You must file a return even if you withheld no SC Income Tax during the quarter. You must file a WH-1606 if the account was open for any portion of the calendar year.

Use only fourth quarter amounts for lines 1-6.

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Line 5

# Line 6

Annual amounts. You are required to complete lines 7 through 10. Enter the corrected figures when amending a return. Enter the amount of SC Income Tax withheld in each quarter and enter the total on line 7. Enter the total SC Income Tax withheld from all quarters reported from W-2s, W-2Gs, and 1099s. Line 8 should equal the total of all quarters from line 7. If there is a difference, you should review your records to determine the quarter or quarters that should be amended. Enter the total SC income from all W-2s, W-2Gs, and 1099s. Enter the total number of wage and tax statements.  Submit all W-2s online or with a WH-1612. o Use the state copy of W-2 forms. o Do not submit W-2s with a WH-1612 if you submit online.  W-2Gs, W-2cs, 1099-MISCs, 1099-Rs, and 1099-NECs can be submitted online on MyDORWAY; all other 1099s must be submitted using a WH-1612. o Only include 1099s with SC tax withheld.

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To avoid delays in processing your return:

 Remember, amounts withheld from employees on W-2s cannot be refunded to employers.  Use black ink only.  Do not staple attachments.  Write all numbers clearly. Always include cents. (examples: 20.13, 19.00)  Do not put slashes, dashes, dollar signs, or commas on the amount lines.  Sign the return. The signature must be from a person authorized to act on behalf of the Withholding agent.  Sign your check and include the written dollar amount.  Attach payment for the full amount due to this return. Do not include a WH-1601 coupon.  Mail to the correct address.  Balance due: SCDOR, Withholding, PO Box 100161, Columbia, SC 29202  Refunds or zero tax: SCDOR, Withholding, PO Box 125, Columbia, SC 29214-0004

Authorization and signature:

Check the box for release of confidential information and provide your preparer's name and phone number. This authorizes the Director of the SCDOR or delegate to discuss this return, its attachments, any notices, adjustments or assessments with the preparer.

For more information, visit dor.sc.gov/tax/withholding. Enter total SC Income Tax withheld from all sources in the fourth quarter. Enter the corrected amount if filing an amended return. Enter total SC Income Tax deposits or payments made in the fourth quarter. For amended returns, include the amount paid with original WH-1606. If line 2 is greater than line 1, enter the amount of SC refund. SKIP LINES 4-6. If line 2 is less than line 1, enter the amount of SC tax due. Enter the amount of penalty and interest due. Visit MyDORWAY.dor.sc.gov for a penalty and interest calculator. Enter the total SC Income Tax, penalty, and interest due. (Rev. 1/4/24)