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A tax-free weekend is a period of time when tax is temporarily lowered or eliminated. Find out when you can skip sales tax in your state. ... South Carolina – Aug. 1-3 ... Alaska also does not ...
Last year, South Carolina shoppers bought more than $30.4 million in tax-free items during the tax free weekend — a jump from the more than $26.2 million in tax-free items purchased in 2022.
The alimony recipient may also need to pay taxes on the money they received. On or after January 1, 2019: The Tax Cuts and Jobs Act (TCJA) changed the alimony tax implications. If the divorce was ...
In divorces and separation agreements signed on December 31, 2018 and earlier, alimony is tax-deductible for the payer, and treated as taxable income for the recipient. Pursuant to the Tax Cuts and Jobs Act of 2017, for divorce judgments dated January 1, 2019 and later, spousal support is treated as not-taxable and non-deductible for either party.
Any separation or divorce finalized on or before December 31, 2018, means that the person who receives the alimony money would pay federal income tax. However, since Jan. 1, 2019, those taxes are ...
Across the county, 19 states will hold at least one tax free holiday in 2024, according to The Tax Foundation. In South Carolina, there’s not as much buzz around tax-free weekend today as there ...
Last year, S.C. shoppers purchased over $30.4 million in tax-free items during the tax-free weekend.
Former South Carolina governor and U.S. ambassador Nikki Haley ends her presidential campaign. [3] August 8 – Tropical Storm Debby makes its second landfall near Bulls Bay. [4] September 29 – The death toll from Hurricane Helene increases to 27 in South Carolina. [5] September 20 – South Carolina carries out its first execution since 2011 ...