DELAWARE tax return

DELAWARE Tax Returns with ExpressTaxRefund.com!

Looking to cut down on tax preparation time? You can file your DELAWARE income taxes and federal taxes at the same time using ExpressTaxRefund.com.  ExpressTaxRefund.com simplifies the tax preparation process by automatically filling in any matching information into both your state and federal tax forms.

Like many other states, Delaware bases tax assessment for individual income tax on the resident’s federal adjusted gross income. There are three different methods -joint, combined, or combination of the two- states can use to tax residents on their income. Delaware opts for a combination of the two systems, allowing married taxpayers the chance to choose how to file, so they can reap the best benefit from their return. Delaware residents can either combine their income together and have it taxed as a single unit, or they can keep their income separate which will lower their tax rates. Residents should use the method which offers the biggest tax savings.

Delaware recognizes same-sex civil unions, and these partnerships are treated the same way as opposite-sex couples as far as state taxation is concerned. Federally, each person would have to file a separate return and be taxed as an individual.

Generally, Delaware’s tax guidelines are similar to the federal government, however certain income may be excluded, and there are some significant changes in which deductions can be taken.

Exemptions

Income from certain sources can be excluded when calculating your tax base. This includes:

  • Interest from U.S. Government bonds
  • Up to $2,000 in private, public, military, or civil service retirement/pension income for taxpayers under the age of 60 ($12,500 for 60+)
  • Social Security Benefits
  • Distributions from retirement plans if they were used for higher education
  • Disabled taxpayers and those who earn under the AGI threshold may be eligible for an exemption as well.

Deductions

The differences between state and federal deductions for the state of Delaware are:

  • Charitable mileage deduction is increased for the state
  • State income tax is not deductible – federal foreign tax credit is
  • Federal work opportunity credit is deductible

Tax Rates

Delaware tax rates are as follows:

Taxable Income Tax Rate
$0 - $2,000 0%
$2,000 - $5,000 2.2% on anything over $2,000
$5,000 - $10,000 $66 plus 3.9% on anything over $5,000
$10,000 - $20,000 $261 plus 4.8% on anything over $10,000
$20,000 - $25,000 $741 plus 5.2% on anything over $20,000
$25,000 - $60,000 $1,001 plus 5.55% on anything over $25,000
$60,000+ $2,943 plus 6.6% on anything over $60,000

ExpressTaxRefund.com supports all state income tax returns. Washington D.C. along with 41 states have income tax returns. If you live in Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington or Wyoming, you only need to file your Federal Income Tax Return with the IRS.

Benefits of using ExpressTaxRefund.com:

  • Prepares both your federal return and your state income tax returns at the same time by automatically transferring matching data into both forms.
  • Finds all valid tax deductions, does the math for you and provides self-help tools to simplify tax preparation.
  • Allows you to securely access and efile your tax data online from any Internet connection.

Take advantage of online E-Filing services available through ExpressTaxRefund.com

Filing your tax return with ExpressTaxRefund.com is faster than ever. Choose direct deposit, and receive your tax refund even quicker!

Be kept up to date on the status of your return. You can view the status of your tax return right through our website, with daily updates to your account and filing status with the IRS.

Customer Support :
ExpressTaxRefund.com offers our customers full technical support. Our professional customer care representatives are standing by awaiting your calls Whether it’s a question regarding your account or the calculation of your return, get an answer within minutes. Live chat support is also available, with little to no wait time.




State Tax Returns