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Delaware Form SD/W-4A: What You Should Know

The withholding requirements are set forth by the Department of Revenue (FOR). The Delaware taxpayer and employee may withhold up to 15% of the Delaware taxable income from any one paycheck. These withholding withholding are to be included in the Delaware taxable wages report and will be calculated as follows: Federal — 15.084% State — 12.039% The withholding tax rates are as follows: Federal — 6.05% State — 3.75% The Delaware withholding tax rate includes federal tax, state taxes (including social security), and local income taxes. The withholding rules can be found in Chapter 29B of the Delaware General Corporation Law (the “DCL”). 1. The withholding tax is calculated as follows: Federal — 3.50.00 State — 0.10 The Delaware taxpayer must make the required withholding and pay taxes on the taxes due in full to the Delaware Division of Revenue, Division of Taxation, at the Delaware Division of Revenue (FOR) headquarters in State House, Suite 700, Wilmington, DE 19801. The payment must be made directly to the division. The filing of Delaware state tax withholding is mandatory. The Delaware Division of Revenue must issue a withholding slip on the payer for each paycheck and include it on the payee's tax return. When you file your return for the second time, you must file a new tax return. 2. Employees must wait 1 year from the date of deposit to withhold or receive tax on their paycheck. A deposit may be made in cash as well as through credit card and direct deposit. If you make a deposit of in credit card, you must report the payment to Delaware income tax withholding (FOR) as a cash deposit. It is acceptable for the employee to receive the deposit to complete the withholding and tax obligations on their file with FOR. It is not acceptable for an employer to require a deposit from an employee. 3. There is no tax due, no tax withheld, and no withhold from a payment under this section where the following three conditions apply: a. The employee did not make an illegal deposit. b. The tax was determined with regard to federal income tax, state income tax, or social security tax withheld from the payee under this section but was less than the tax to which the employee has been assessed; or. c. The payment was not an illegal deposit because the employee has waived the right to have Delaware income tax withheld.

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