Delaware HB13 amends personal income tax rates for taxable years beginning after December 31, 2025.
Delaware HB13 amends Title 30 of the Delaware Code to change personal income tax rates for taxable years starting after December 31, 2025. The bill introduces a progressive tax structure with different rates for various income brackets. For example, income over $2,000 but not exceeding $5,000 is taxed at 2.1%, while income over $500,000 is taxed at 6.95%. The changes apply to individuals required to file a federal income tax return or those with adjusted gross income above certain thresholds. This Act is named “The John Kowalko, Jr., Fairness in Taxation Act.”
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