Adjustment to Federal AGI
If you are filing as Married Filing Separately on your Delaware return, you must separate you and your spouse’s income. You must each report your own income, losses, and deductions and one half of income obtained from securities, bank accounts, and real estate which are titled in joint names.
Interest on State and Local Obligations
If you received interest from any state obligations other than Delaware, it is taxable to Delaware and must be added to the taxable income.
Fiduciary Adjustment
Add net additions obtained from income received from an estate or trust which is reflected on federal form K-1.
Oil Depletion
The law provides for the disallowance of any percentage depletion deduction allowable under federal law, to the extent it is in excess of cost depletion. Add the excess to the amount of fiduciary adjustments and enter the total on the applicable line (line 31).
To enter this additional income on your Delaware return, follow the steps below:
- State Section
- Edit
- Additions to Income
For additional information, please click here.