Get 2012 WCWT-5 - City Of Wilmington, Delaware - Wilmingtonde

The City of Wilmington Earned Income Tax - commonly known as the City Wage Tax - is calculated at 1.25% of gross wages and must be collected by New Castle County and submitted to the City of Wilmington for all employees who either reside or work in the City.

All residents of Wilmington are required to file a tax return regardless of where they work.

Delaware has a graduated tax rate ranging from 2.2% to 5.55% on income under $60,000. The maximum income tax rate is 6.60% on income of $60,000 or over.

ing to Delaware Instructions for Form 200-01, “If you are a Full-Year Resident of Delaware, you must file a tax return for 2022 if, based on your Age/Status, and if your individual adjusted Delaware gross income (AGI) exceeds the limit. Single: Under age 60, $9,400. Age 60 to 64, $12,200.

You can check the status of your refund at any time at https://revenue.delaware.gov/.

A. Every domestic or foreign corporation doing business in Delaware, not specifically exempt under Section 1902(b), Title 30, Delaware Code, is required to file a corporate income tax return (Form 1100 or Form 1100EZ) regardless of the amount, if any, of its gross income or its taxable income.

Wilmington's current FY 2023 property tax rate is $2.115 per $100 of the assessed value of a property. Property taxes average approximately 25% of the City's total General Fund revenue or about $46 million for Fiscal Year 2023, which began on July 1, 2022 and ends on June 30, 2023.

Delaware Tax Rates, Collections, and Burdens Delaware has a graduated state individual income tax, with rates ranging from 2.20 percent to 6.60 percent. There is also a jurisdiction that collects local income taxes. Delaware has a 8.70 percent corporate income tax rate and also levies a gross receipts tax.