Homeowner - 25% State Historic Rehabilitation Tax Credit
Taxpayers who rehabilitate their owner-occupied residence may be eligible to subtract 25% of the costs of many expensive repairs and renovations from their state income taxes with the South Carolina Historic Rehabilitation Incentives Act (Section 12-6-3535). Please see our Homeowner FAQ Sheet (PDF) for important information before you begin your application.
Application Forms (PDFs)
Applications must be submitted to the SHPO for review and approval BEFORE WORK BEGINS.
Application Instructions (PDF) - includes sample applications & tips
S1 Application (PDF)
S2 Application (PDF)
S2 Amendment Application (PDF)
S3 Application (PDF)
H. 3485 (Act 172) was signed by Governor Henry McMaster on September 29, 2020. The Act amended Section 12-6-3535, Code of Laws of South Carolina, 1976, to provide that a taxpayer claiming the State Historic Rehabilitation Tax Credit must pay a preliminary and final fee to the Department of Archives and History for the State Historic Preservation Grant Fund.
H. 4300, the General Appropriations Bill for FY 23-24 contains proviso 117.157 (GP: Historic Preservation Certification Fee), which states: “For the current fiscal year, the requirements of Section 12-6-3535(G) are suspended.” Section 12-6-3535 (G) is the section that established the preliminary and final fee.
Therefore the Department of Archives and History will suspend collection of preliminary and final fees for applications received during FY 23-24 (July 1, 2023 - June 30, 2024).
For questions about compiling your tax application please contact Fielding Freed, 803-896-6174.
This website does not provide legal, tax or accounting advice; the information provided is intended to be general in nature; and visitors to the website are strongly encouraged to consult their own professional tax, accounting and legal advisors on individual tax matters, or consult the SC Department of Revenue or the Internal Revenue Service (IRS). The SHPO is not responsible for the information or advice provided here as it may affect the specific tax consequences to any individual (including sole proprietor), corporate, partnership, estate or trust taxpayer, which will depend on many other facts and circumstances. The information is for the general benefit of persons interested in obtaining certifications from the SHPO that may allow them to qualify for federal and/or state historic income tax credits. Given the frequency of changes in federal and state tax laws, regulations and guidance, the information represents a good faith effort to reference controlling laws and regulations as accurately as possible.