Minimum tax and prorating of exemptions.

Del. Code tit. 30, § 1167
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
If an individual for any taxable year is required to file returns both as a resident and/or as a nonresident under § 1165 of this title: (1) Personal exemptions and the standard deduction shall be prorated between the 2 returns, to reflect the proportions of the taxable year during which the individual was a resident and a nonresident; and (2) Notwithstanding the provisions of § 1166 of this title [repealed], the total of the taxes due thereon shall not be less than would be due if the total of the taxable incomes reported on the 2 returns were includable in 1 return.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title30/c011/sc08/index.htmlFetched: 10/4/2026

Starting a business in Delaware? Delaware LLC guide: costs and requirements