The Future — South Carolina Lawmakers Introduce $1,000 Homeschool Tax Credit Bill
State lawmakers in South Carolina are advancing a piece of legislation that would offer tax credits as high as $1,000 to parents who homeschool their children.
Senate Bill 933 — sponsored by 21 Republican legislators — is under deliberation in committee. Defining “home school” as “a home, residence, or location where a parent or legal guardian teaches one or more children,” the legislation reads:
Beginning with the 2022-2023 School Year, a parent or legal guardian who teaches one or more qualifying students at home … may claim a credit against his taxable income equal to the total cost of any home school association and curriculum fees or one thousand dollars, whichever is less, for each qualifying child attending a home school. The credit allowed by this subsection may be claimed fully for the tax year in which the fees were paid provided the qualifying student completes the school term for that school year.
The bill currently has no Democratic support.https://www.dailywire.com/news/south-carolina-lawmakers-introduce-1000-homeschool-tax-credit-bill