Delaware Tax FAQs

• taxmOuth Delaware Tax FAQs

Delaware Tax Forms

• taxmOuth Delaware Tax Forms

Delaware Corporate Taxes

• taxmOuth Delaware Corporate Taxes
• Delaware Tax Rates & Brackets:
  
  8.7%> $0
  
• Loss Carry-back/fwd: 2 Years Back ($30,000 limit) / 20 Years Forward (Unlimited)
• Throwback Sales?: N
• Foreign Tax Deductible?: Y
• Alternative Minimum Tax (AMT): N
• Gross Receipts Tax: 0.576%
• Capital Stock (Net Worth) Tax?: 0.030% ($180,000 limit)

Delaware Tax Incentives and Credits

• taxmOuth Delaware Tax Credits
• Job Credits?: Y
• R&D Credits?: Y
• Investment Credits?: Y

Delaware Individual Income Taxes

• taxmOuth Delaware Individual Income Taxes
• Delaware tax rates and brackets:
  
  2.2%> $2,000
  3.9%> $5,000
  4.8%> $10,000
  5.2%> $20,000
  5.55%> $25,000
  6.95%> $60,000
  
• Local Option IT Rate: 0.16%
• Federal Inc used as Base?: Y
• Standard Deductions: Single $3,250 / Joint $6,500
• Personal Exemptions/Credits (c): Single $110 / Joint $110 / Dependent $110
• Federal Tax Deductible?: N
• State Tax Deductible?: Y
• Alternative Minimum Tax (AMT)?: N

Delaware Estate, Gift and Inheritance Taxes

• taxmOuth Delaware Estate and Gift Taxes
• Gift Tax?: N
• Estate Tax?: Copies Federal
• Inheritance Tax?: N
• Generation-Skipping Tax?: N

Delaware Miscellaneous Taxes

• taxmOuth Delaware Miscellaneous Taxes
• Gas Tax: 23.0 cents/gallon
• Diesel Tax: 22.0 cents/gallon
• Cigarette Tax: 115.0 cents/20 pack

Delaware Pass-through Tax Treatment

• taxmOuth Delaware Pass-through Entity Tax
• LLC Pass-through Recognized?: Y
• S-Corp Pass-through Recognized?: Y

Delaware Payroll Taxes

• taxmOuth Delaware Payroll Taxes
• Unemployment Insurance Tax Index (TaxFoundation.org): #13

Delaware Property Taxes

• taxmOuth Delaware Property Taxes
• Median Tax Paid on Homes (Rank): $1,075 (#39)
• Median Value of Homes: $250,900
• Tax as % of Home Value (Rank): 0.43% (#47)
• Median Income of Homeowner: $68,000
• Tax as % of Income (Rank): 1.58% (#42)

Delaware Sales and Use Taxes

• taxmOuth Delaware Sales and Use Taxes
• State Rate: None
• County & City (Weighted Ave): None
• Combined State and Ave. Local Rates (Rank): None (#47)
• General Treatment of Services: N/A
• Gasoline: N/A
• Groceries: N/A