Delaware Income Tax Calculator
Estimate your Delaware income tax burden
Updated for 2023 tax year on Dec 8, 2023
Income tax calculators by state
Delaware state taxes
Quick Delaware tax facts
- State income tax: 0% to 6.6%
- State sales tax: 0%
- Property tax: 0.56%
- Gas tax: 23 cents per gallon
- Tobacco tax: $2.10 for a pack of 20 cigarettes
- Insurance premium tax: 1.0% to 2.0%, depending on the type of insurance
From Wikipedia
Delaware income taxes
Delaware’s state income tax rates range from 0% to 6.6%, balancing the need for state revenue while being mindful of residents’ ability to pay.
While Delaware does not impose a state payroll tax, employers are required to contribute to the state’s unemployment insurance fund, ensuring a safety net for those facing employment difficulties.
Delaware offers a standard deduction and personal exemptions. It worth noting that personal exemptions are in the form of tax credits.
Calculate your income tax in Delaware
Calculating your Delaware state income tax is similar to the steps we listed on our Federal income tax calculator:
- Determine your filing status
- Work out your adjusted gross income [Gross income − Retirement contributions = Adjusted gross income]
- Calculate your state taxable income [Adjusted gross income − (Standard/Itemized deductions + Exemptions) = State taxable income]
- Figure out your state/local tax liability [State taxable income × State tax rate = State tax liability]
State income tax brackets
Each filer type has different progressive tax rates. Refer to Tax Foundation for more details.
Tax year | Filing status | Taxable income | Rate |
---|---|---|---|
2023 2022 2021 2020 |
Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $2,000 | 0.00% |
$2,000 – $5,000 | 2.20% | ||
$5,000 – $10,000 | 3.90% | ||
$10,000 – $20,000 | 4.80% | ||
$20,000 – $25,000 | 5.20% | ||
$25,000 – $60,000 | 5.55% | ||
$60,000+ | 6.60% |
State standard deduction
Tax year | Filing status | Standard deduction amount |
---|---|---|
2023 2022 2021 2020 |
Single Married, Filing Separately Head of Household |
$3,250 |
Married, Filing Jointly | $6,500 |
State exemptions
There is state-level exemptions for all type of filers and dependents. All exemptions are in the form of tax credits. Refer to Tax Foundation for more details.
Delaware sales tax
Delaware is one of the few states with no sales tax, making it a popular shopping destination.
Delaware property tax
Delaware’s average property tax rate is a modest 0.56%, one of the lowest in the country.
Delaware capital gains tax
Delaware treats capital gains as regular income, so it applies the same graduated income tax rates to these earnings.
Delaware gas tax
Delaware charges a gas tax of 23 cents per gallon.
Delaware tobacco tax
The state’s tobacco tax is $2.10 per pack of 20 cigarettes.
Delaware insurance tax
In Delaware, insurance companies pay a premium tax that ranges from 1.0% to 2.0%, depending on the type of insurance.
FAQs
How do I calculate my Delaware income tax?
Just six steps to determin your Delaware state income tax.
- Determine your filing status
- Gross income − Retirement contributions = Adjusted gross income
- Adjusted gross income − (Standard/Itemized deductions + Exemptions) = State taxable income
- State taxable income × State tax rate = State tax liability
How much is $63000 a year after taxes in Delaware?
In Delaware, a single filer will inccur a income of $13,852.25. The after-tax annual income will be $49,147.75.