Get Delaware Form 700 2012

Delaware Form 700 must be completed by the person actually claiming the credits on the Delaware income tax return. A qualified and approved C corporation or Sole Proprietor will claim the credit directly on their respective Delaware income tax return.

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.

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.

Delaware treats a single-member “disregarded entity” as a sole proprietorship for tax purposes. This means that the LLC itself does not pay taxes and does not have to file a return with the State of Delaware.

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.

Delaware Tax Extension. For Tax Year 2022, if you expect a refund or you don't owe taxes, you do not have to file a tax extension.

A: Resident individuals and resident businesses must file an annual return, even if no tax is due. Non-resident individuals who have income earned in Delaware that is not subject to employer withholding must file an annual return.

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.