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Controlling Your Taxes
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Delaware
Taxes on Business Income in Delaware
Tutorial
Personal Income Tax in DelawareApril 13, 2006
Delaware imposes a personal income tax on the adjusted gross income you claim on your federal tax return. The tax rates range from 2.2 percent (net income over $2000 but not over $5,000) to 5.95 percent (net income over $60,000). So, if you are operating your business as an S corporation, partnership, limited liability company, or sole proprietorship, you will be subject to a personal income tax on your business income that passes through to you. |
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