South Carolina Drip/Trickle Irrigation Systems Credit

DRIP/TRICKLE IRRIGATION SYSTEMS CREDIT: For taxpayers purchasing and installing conservation tillage equipment, drip/trickle irrigation system, or dual purpose combination truck and crane equipment. (TC-1)

Use this schedule to compute your credit against Income Tax for the purchase and installation of conservation tillage equipment, drip-trickle irrigation systems, and dual purpose combination truck and crane equipment.

• The credit is for 25% of expenses made in a tax year.

• File a separate SCH TC-1 for each measure.

• Claim the credit only one time for each of the three measures.

• The credit is limited to a maximum of $2,500 in a tax year.

• Carry any unused credit forward for up to five years.

• For pass-through entities, determine the credit at an entity level to a maximum credit of $2,500 in a tax year.

Definitions

• Conservation tillage equipment planters and drills: Equipment that plants directly into an undisturbed seedbed (stubble, previous crop residue, cover crop, etc.) with no land preparation prior to planting.

• Drip/trickle irrigation system: A low-pressure, low-volume irrigation that delivers water to the root zone or base of plants through a system of surface and/or subsurface line, tubing, and emitters.

• Dual purpose combination truck and crane equipment: Machinery consisting of a unibodied construction containing a crane mounted to a mobile chassis and is nondetachable to remain operational. The dual purpose truck and crane equipment must be self propelled and be legally allowed to operate on South Carolina highways.

Learn more about the SC Code of Laws at dor.sc.gov/policy.