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1. What tax credits are available for fortification measures?

Learn about the two income tax credits available.

2. Can the tax credits be claimed for new construction?

No, the credits are only available for retrofits made to an existing residential structure that would make the existing structure more resistant to loss due to hurricane, rising floodwater, or other catastrophic windstorm event and meet the criteria provided in Regulation 69-75.

3. Is there a list of items or projects that are approved and qualify for the tax credit?

There is not a list of projects or items that are approved and qualify for the tax credit. View the Regulation 69-75 Information page more information.

4. What documentation is needed to claim the tax credits?

The acceptable forms of evidence include:

• A written certification or a report (with certification) from a licensed professional with expertise in construction techniques, building design, or property inspection or appraisal including, but not limited to an: architect; appraiser; building inspector; or contractor stating that the fortification measure has been implemented in accordance with applicable standards. Copies of the applicable receipts must accompany the certification or report.
• An affidavit from the individual taxpayer certifying that the fortification measures have been implemented. Copies of the applicable receipts must accompany the affidavit.

5. How does a homeowner claim the tax credits?

Both credits can be claimed on the homeowner’s individual income tax return using a South Carolina Schedule TC-43.

6. Where can I get the form to claim the tax credits?

The South Carolina Schedule TC-43 form is available on the Department of Revenue website or by calling the Department of Revenue forms request line at 1-800-768-3676.

7. I completed my fortification project in 2007 and have already filed my taxes. Can I claim the tax credit? If so, how?

A taxpayer may amend his 2007 tax return to claim the credits for qualifying expenditures. File SC1040X and South Carolina Schedule TC-43 to claim the credits. The credits should be claimed on Line 9 of the SC1040X. In order to receive a refund, this amended return must be filed within 3 years of the original filing date or 3 years from the date of filing if a proper extension was filed and a return was filed by the extended due date. For individuals who filed their 2007 returns by April 15, 2008, the amended return must be filed by April 15, 2011.

8. I plan to complete several approved fortification projects in the next few years. Will I be able to apply for the tax credit each year for the fortification measures I have made during that year?

Yes, the credit may be claimed in each year that fortification measures are completed.

9. Do SC Safe Home grant projects automatically qualify as approved fortification projects for purposes of being eligible for the tax credit?

Yes. Fortification measures that are in accordance with the standards that are contained in the South Carolina Safe Home Resource Document for Mitigation Techniques qualify for tax credits. You may find additional information regarding these mitigation techniques in the documents below. 

Section A. Introduction

Section B. Roof Deck Attachment

Section C. Secondary Water Barrier

Section D. Roof Coverings

Section E. Gable End Bracing

Section F. Reinforcing Roof to Wall Connections

Section G. Opening Protection

Section H. References and Resources

10. Can projects that are not part of the SC Safe Home Grant Program qualify for tax credits?

Yes. A homeowner does not have to be a recipient of an SC Safe Home grant to qualify for income tax credits. However; all qualifying fortification measures must meet the requirements of the South Carolina Department of Insurance Regulation 69-75.

11. If a homeowner received an SC Safe Home grant and the grant is not required to be included in the homeowner’s income tax return, can the homeowner claim the tax credits for the grant money spent?

No. Tax credits cannot be claimed if the only money spent on the fortification project was grant money that was not included in income on the homeowner’s individual income tax return. See S.C. Code Sections 12-6-3660 and 12-6-3665. Refer to the help tools and resources of the IRS for further federal tax questions. 

12. My question was not answered in the above. Who should I contact for assistance?

Questions concerning mitigation techniques that may qualify for tax credits should be directed to the SC Safe Home Program. Questions and concerns regarding SC tax credits should be directed to the South Carolina Department of Revenue.