SC SCH TC 67: Recreational Trail Easement Credit (2025)
South Carolina · South Carolina DOR · Used for tax years 2025
South Carolina Schedule TC-67 calculates the nonrefundable Recreational Trail Easement Income Tax Credit. It reports the square footage covered by the easement, credit earned, prior-year carryforwards, credit usable this year, and unused credit available to carry forward.
Who files this form
Use SC SCH. TC-67 to calculate the Recreational Trail Easement Income Tax credit. File a separate form for each encumbered recreational trail easement.
A taxpayer who encumbers property with a perpetual recreational trail easement and right of way may qualify for a one-time, nonrefundable credit per easement. To qualify:
- The easement and right of way must be recorded with the appropriate Register of Deeds.
- They must be held by a South Carolina municipality, county, or special purpose district, or a Land Trust Alliance accredited land trust.
- The easement must include an agreement granting public access and allowing trail improvements and maintenance.
- The trail must connect a trail within a South Carolina municipality, county, or special purpose district's regional trail system plan to a local or regional attraction or point of interest.
What you'll need
Have these details available to complete the form:
- Your name and SSN or FEIN. Individual taxpayers must provide their Social Security Number.
- The name of the municipality, county, or land trust holding the easement.
- The property's street address, city, state, ZIP code, and county.
- The total square feet encumbered by the easement.
- Any credit carried forward from prior tax years.
- Your current-year tax liability from your tax return.
- If you received the credit from a pass-through entity, that entity's name and FEIN.
SCDOR may request additional information to determine eligibility and calculate the credit.
How to file
Complete a separate SC SCH. TC-67 for each easement:
- Enter the encumbered square footage on line 1.
- Multiply line 1 by .10 to calculate the credit earned on line 2.
- Enter any prior-year carryforward on line 3, then add lines 2 and 3 on line 4.
- Enter your current-year tax liability on line 5.
- Enter the lesser of lines 4 and 5 on line 6.
- Subtract line 6 from line 4 to calculate the carryforward on line 7.
Individuals and fiduciaries enter the credit on SC1040TC. Corporations enter it on SC1120TC.
For a paper return, the form instructs you to attach your Income Tax return. If filing electronically, include the information from this form when filing your return. Keep a copy with your tax records.
Common mistakes
- Do not combine multiple easements on one form. A separate SC SCH. TC-67 is required for each easement.
- Do not leave out the property's location. The line instructions specifically require it.
- Do not claim more than your current-year tax liability. Line 6 must be the lesser of lines 4 and 5.
- Do not carry unused credits forward for more than five years.
- Keep a copy of the form with your tax records.
Questions people ask
How much is the credit?
The credit equals ten cents (.10) for each square foot of property encumbered by the recreational trail easement. It is a one-time credit per easement.
Is the credit refundable?
No. The credit is nonrefundable, and the amount you can claim in a year is limited to your tax liability.
Can I carry unused credit forward?
Yes. Unused credit can be carried forward for up to five years.
Is there a limit for all taxpayers combined?
Yes. The total Recreational Trail Easement tax credits allowed for all qualifying taxpayers may not exceed $1 million for a calendar year.
What destinations can count as local points of interest?
Examples include other trails, parks, waterways, other recreational and open space attractions, retail centers, arts and cultural facilities, transportation facilities, and similar destinations.