Delaware SB351 amends personal income tax subtractions to allow a deduction for qualified overtime compensation.
Delaware SB351 amends Title 30 of the Delaware Code to allow a subtraction from federal adjusted gross income for qualified overtime compensation received by state residents. This deduction mirrors the federal deduction under § 225 of the Internal Revenue Code of 1986, effective for taxable years beginning after December 31, 2026. The subtraction remains in effect even if the federal deduction expires or is repealed.
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