![]() Single, head of household, or married filing separately: $17,200.Single, head of household, or married filing separately: $14,700.Single, head of household, or married filing separately: $12,200.Single, head of household, or married filing separately: $9,400.Do I Have to File Taxes in Delaware?ĭelaware requires full-time residents to file a state tax return if their Delaware adjusted gross income (AGI) exceeds the following: Unlike a refundable tax credit, a nonrefundable tax credit reduces your tax liability to zero. In the case of a refundable tax credit, you will receive a refund if you don’t owe any taxes or if the tax credit is greater than the taxes due. The state’s taxpayers can choose between a refundable credit worth 4.5% of the federal credit amount or a nonrefundable credit worth 20% of the federal amount. Earned Income Tax Creditĭelaware offers an earned income tax credit, similar to the federal earned income credit. The child care credit should not be confused with the federal child tax credit, which does not have a state-level version on the Delaware return. Generally, if a couple elect to file separate state tax returns, the credit will apply to the parent with the lowest taxable income. The Delaware credit is worth 50% of the federal one. Taxpayers who are eligible for the federal child and dependent care credit can claim a similar state credit. ![]() Each year, your active status will be verified with your volunteer company by the state Department of Revenue. Delaware State Income Tax Credits Volunteer Firefighter Tax CreditĪ Delaware resident who’s an active volunteer firefighter with a fire company, auxiliary or rescue squad can claim a tax credit worth $500. Other Deductionsĭelaware offers a few state-specific deductions, including a mileage deduction of 26 cents per mile when you use your car for charitable work a write-off for any foreign taxes you paid and a deduction for charitable contributions of gifts of land to nonprofit organizations. The federal limits on itemized deductions apply at the state level. But it’s important to note that your federal return serves as the basis for itemizing your Delaware return.Īs on your federal return, Delaware allows you to deduct eligible medical and dental expenses, state and local taxes, interest paid, gifts to charity, and casualty and theft losses. You may choose to itemize deductions on your Delaware return even if you take the standard deduction on your federal tax return. For the 2021 tax year, the standard deduction amount is $6,500 for married taxpayers filing jointly and $3,250 for all other filing statuses. Income Tax Deductions for Delaware Standard Deductionĭelaware allows taxpayers to take advantage of a standard deduction the amount of the deduction is determined by your filing status. For the portion of your Delaware taxable income that’s at least:
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