South Carolina 529 Tax Deduction Calculator

2026 rules

Enter your contribution to see how much South Carolina lets you deduct and what it saves you this year.

Your numbers

Filing status

Contribution per child this year

Children (beneficiaries) you contribute for

Household AGI

Result

South Carolina tax saved$331

Total contributed$5,000
Deductible this year$5,000
South Carolina tax saved this year$331
Saved per $1,000 deducted$66.27

South Carolina deducts 100% of contributions, with no yearly cap.

South Carolina at a glance

Benefit: South Carolina lets you deduct all of your contributions to Future Scholar 529, with no yearly cap.
Plans that count: Future Scholar 529.
Good to know: South Carolina deducts 100% of contributions, with no yearly cap.

Questions

Is there a South Carolina tax deduction for 529 contributions in 2026?

South Carolina lets you deduct all of your contributions to Future Scholar 529, with no yearly cap.

What can 529 money pay for without tax?

College tuition, fees, books, and room and board for students enrolled at least half time; up to $20,000 a year of K-12 tuition and expenses from 2026; apprenticeship costs; and up to $10,000 of student loan payments over a lifetime. States can treat some of these differently.

What happens to the South Carolina deduction if I withdraw for something else?

A nonqualified withdrawal is taxed on its earnings, plus a 10% federal penalty, and South Carolina can add back the deductions you took on the money you withdraw.