Del. Code tit. 30 § 1167

Current through 2024 Legislative Session Act Chapter 531

Section 1167 - Minimum tax and prorating of exemptions

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, 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.

30 Del. C. § 1167

30 Del. C. 1953, § 1167; 57 Del. Laws, c. 737, § 1.;