Listed below are credits that are available on your Delaware return:
Personal Credits
Personal credits are $110 per qualifying individual on the return.
- If you are married and filing a combined separate return (Filing Status 4), split the total between Columns A and B in increments of $110.
- If you are married and filing separate returns (Filing Status 3), allocate dependents to each return and multiply by $110, entering the total for each return in Column B.
- If you are married filing a joint return, enter $110 for each spouse reporting income plus $110 for each dependent in Column B.
- Individuals age 60 or over receive an additional personal credit (automatically pulled form federal information).
You are not entitled to a personal credit if you are listed as a dependent on another individual’s Federal return
Volunteer Firefighters Credit
You are allowed a credit of $500 to help reduce your tax liability for Delaware residents that are active firefighters or members of the fire company auxiliaries or rescue squad. You MUST be an active volunteer firefighter on call to fight fires or an active member of a rescue team in order to qualify for this credit.
Credit for Taxes Paid to Another State
If you are a resident of Delaware and pay taxes to both Delaware and another state on your income earned in the other state, you may qualify for credit for taxes paid to another state. Please see our article here for more information.
For additional information, please click here.