I am retired living on saving and investment income, I have no income from any delaware source but own a single family home in delaware, my total income is 120K in 2022, do I need to file delaware return?
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You should consider the dividends that you received while living in Delaware as the only income to report.
The instructions for filing as a part-year resident of Delaware are:
If you were a Part-Year Resident, you must file a Delaware tax return:
If you are a Delaware resident (or a resident of any other state for that matter), the income you receive from retirement or investments is attributed to your resident state without being required to have come from a source in that state.
Without knowing the character of the total income you mentioned and whether it is taxable or not, there is no way to know for sure whether you are required to file a Delaware return. As you go through TurboTax to complete your Federal return and move on to the Delaware return, if it is not required, then you will see messages on the screen telling you that you do not need to file the state return.
Got it, but in case I am a partial year resident, how could I derive the portion of income as sourced in Delaware? Assume I am resident from 1/1 to 4/30 for 4 months.
e.g. dividend, 4 quarters at quarter end, so I report only one quarter?
e.g. capital gain of 1k sold in Oct but brought years ago nothing to do with Delaware, so 0?
e.g. withdrawal 5k from IRA in Oct, is it 0 or prorated for 25% as source from Delaware
thx again!
You should consider the dividends that you received while living in Delaware as the only income to report.
The instructions for filing as a part-year resident of Delaware are:
If you were a Part-Year Resident, you must file a Delaware tax return:
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