South Carolina Tuition Prepayment Program

I researched the law in South Carolina. There is not a general tax adjustment back to the future Scholar 529 Plan. It is, however, an adjustment (subtraction of income) payments to the South Carolina Tuition Prepayment Program and payments of South Carolina College Investment Program. So which of these plans should be the deduction claimed under?

Payments made to a 529 plan are not deductible. The money is invested after tax and earnings are not taxed if spent on tuition qualifed.

How could this be the best answer? It is absolutely false. See website scholar future, it is tax deductible for income tax in South Carolina (not federal). Report Abuse

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