How to File Your Delaware State Taxes: A Step-by-Step Guide

Introduction

Filing Delaware state taxes is essential for residents, non-residents with Delaware income, and businesses operating in the state. Understanding the tax process helps taxpayers avoid penalties, maximize deductions, and ensure compliance with Delaware’s tax laws.

This step-by-step guide explains who needs to file, required forms, deductions, tax credits, and payment options for Delaware state tax returns.

Who Needs to File Delaware State Taxes?

You must file a Delaware state tax return if:

• You lived in Delaware for any part of the year and had taxable income.
• You are a non-resident who earned income from Delaware sources.
• You are a part-year resident who moved in or out of Delaware during the tax year.

Delaware Filing Requirements (2024)

Step-by-Step Guide to Filing Delaware State Taxes

Step 1: Gather Required Documents

• W-2 forms (for employees).
• 1099-NEC (for freelancers and contractors).
• Form 200-01 (Resident Tax Return) or Form 200-02 (Non-Resident & Part-Year Return).
• Receipts for deductions and tax credits (mortgage interest, medical expenses, charitable donations).

Step 2: Determine Your Filing Method

• E-file through Delaware’s Division of Revenue online portal.
• Use IRS-approved tax software like TurboTax, H&R Block, or TaxAct.
• Mail a paper return to the Delaware Division of Revenue.

Step 3: Choose Standard Deduction or Itemized Deductions

• Standard deduction: $3,250 (single), $6,500 (married filing jointly).
• Itemized deductions: Includes mortgage interest, medical expenses, property taxes, and charitable donations.

Step 4: Claim Available Tax Credits

• Elderly Tax Credit: For taxpayers over 60 years old.
• Childcare Tax Credit: For eligible childcare expenses.
• Earned Income Tax Credit (EITC): Based on income level and family size.

Step 5: Calculate Taxes Owed or Refund Amount

• Use the Delaware tax brackets to determine liability.
• If taxes paid exceed tax liability, you’ll receive a state tax refund.

Step 6: Submit the Tax Return & Make Payments (If Required)

• If you owe taxes, pay via:
• Electronic funds transfer through Delaware’s tax portal.
• Check or money order payable to the “Delaware Division of Revenue.”
• If expecting a refund, check the status at Delaware’s Tax Refund Tracker.

Delaware State Tax Deadlines & Penalties

• Tax filing deadline: April 15, 2025.
• Late filing penalty: 5% per month (up to 50% of unpaid taxes).
• Late payment penalty: 1% per month on outstanding balances.
• Estimated tax payments (self-employed): Use Form PIT-RES for quarterly payments.

Delaware Tax Benefits & Exemptions

• No state sales tax.
• Social Security benefits are not taxed.
• Low property taxes with available exemptions for seniors and veterans.

IRS Compliance & Required Forms

• Form 1040 – Federal income tax return.
• Form 200-01 – Delaware resident tax return.
• Form 200-02 – Delaware non-resident tax return.
• Form PIT-RES – Estimated tax payment form for self-employed taxpayers.

Conclusion

Filing Delaware state taxes correctly ensures compliance, prevents penalties, and maximizes deductions. Whether you’re a resident, non-resident, or business owner, understanding Delaware’s tax rules simplifies the filing process.

For professional tax assistance, schedule a meeting with our CPA Anshul Goyal by clicking at https://calendly.com/anshulcpa/ now.

Frequently Asked Questions (FAQs)

1. How do I file my Delaware state taxes?
You can file online through Delaware’s tax portal, by mail, or using tax software.

2. What is the Delaware state income tax deadline?
April 15, 2025.

3. Does Delaware allow itemized deductions?
Yes, if you itemized on your federal return, you can also itemize on Delaware’s return.

4. How do I check my Delaware tax refund status?
Use the Delaware Division of Revenue website to track refunds.

5. Should I hire a CPA for my Delaware taxes?
Yes, a CPA ensures accurate filings, maximized deductions, and tax compliance.

About Our CPA

Anshul Goyal, CPA EA FCA is a licensed Certified Public Accountant and an IRS Enrolled Agent (EA). He specializes in Delaware tax filing, tax planning, and compliance for individuals and businesses.

Schedule a consultation today with Anshul Goyal, CPA, for expert Delaware tax filing assistance.