Effective January 1, 2012 with Delaware state withholding tables will be updated. Please make sure to update your copy of Payroll Mate payroll software to use the 2012 Delaware withholding tables.
The Delaware tax rate for income over $60,000 drops to 6.75% for tax years 2012 and 2013, and drops to 5.95% in 2014.
| Taxable income | Calculate tax on | Tax amount | Rounded | Tax years |
|---|---|---|---|---|
| 12,345 | 12,325 | 261 + 111.6 | 373 | 2010 – 2011 |
| 27,555 | 27,575 | 1001 + 142.9125 | 1144 | |
| 75,000 | 75,000 | 2943.50 + 1042.50 | 3986 | 2010 – 2011 |
| 2943.50 + 1012.50 | 3956 | 2012 – 2013 | ||
| 2943.50 + 892.50 | 3836 | 2014 – | ||
| 82,605 | 82,605 | 2943.50 + 1571.05 | 4515 | 2010 – 2011 |
| 2943.50 + 1525.84 | 4469 | 2012 – 2013 | ||
| 2943.50 + 1345.00* | 4289 | 2014 – |
An employer may withhold taxes according to the withholding tax tables provided in the Delaware Withholding Rules and Regulations Booklet or use any approved formula to determine the correct amount of tax to be withheld each pay period. The employer must withhold at a rate so that no tax is estimated to be due on the wages paid when the employee files his or her personal income tax return. The Delaware Division of Revenue will approve an alternate formula that considers the allowable standard deduction and tax credit(s) claimed by the employee, using the tax rate schedule on the balance of the wages paid.
If you prepare payroll taxes for Delaware employees you invite you try our Payroll Mate payroll software. You can visit the link below to download a FREE trial.
