Tag Archives: Delaware

The Lowdown on State Income Tax Rates

Often overshadowed by their tax time counterpart – the federal income tax – state income tax rates generally receive less attention. However, they can definitely impact your overall bill, depending on where you live, where you work, and the total amount you earn. State Taxation of Residents States typically use one of three methods to […]

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Several states have their own version of an earned income tax credit (EITC), which aims to reduce poverty levels among working class families. The state of Delaware offers taxpayers an earned income tax credit that follows the federal guidelines for eligibility. That means if a Delaware resident was able to claim the federal EITC, they […]

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