Did you know you can still get a deduction on your South Carolina state tax return for contributions made to a Future Scholar College Savings Plan?
It’s true. In fact, South Carolina was touted in a recent Forbes article as one of seven states where you can still make a contribution to the state administered 529 plan – Future Scholar - and claim a deduction for the prior tax year, up until you file your tax return.
Yes, you read that correctly. You have until April 18 to contribute and still get a break on your 2016 tax bill if you file a South Carolina tax return.