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I moved from Florida to Delaware in the last quarter of the year. Turbotax is calculating an obscene amount owed to Delaware for just four months

I have gone over this for a few days now. Turbotax has calculated I owe $2755.00 for just four months living here. At this rate I will owe 11,020 in state taxes for the year. This can't be correct.
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5 Replies

I moved from Florida to Delaware in the last quarter of the year. Turbotax is calculating an obscene amount owed to Delaware for just four months

your tax rises progressively based on how much money you make.

As I understand it, Florida has no state income tax, so this may be quite a shock to your system.

I moved from Florida to Delaware in the last quarter of the year. Turbotax is calculating an obscene amount owed to Delaware for just four months

I understand the difference. It's the reason I left Jersey to Florida 13 years ago. Moved to Delaware to get closer to the kids and grandkids but never expected such a high rate owed in just four months. It's nearly equal to the federal tax amount.

I moved from Florida to Delaware in the last quarter of the year. Turbotax is calculating an obscene amount owed to Delaware for just four months

My cousin was living  in Delaware.

She stepped a few paces over the border into MD and purchased a nice new home there.

I moved from Florida to Delaware in the last quarter of the year. Turbotax is calculating an obscene amount owed to Delaware for just four months

Thank you for the reply. 😊

I moved from Florida to Delaware in the last quarter of the year. Turbotax is calculating an obscene amount owed to Delaware for just four months

@Chiefjfp 

 

 

Are you sure you've gone thru the entire part-year DE tax return interview to indicate the amount of income that was received after you moved to DE?  Tha should have been a smaller amount than the Federal $$ for many income types  (unless you had no income of any type before moving to DE) 

 

 

But if  that was your final tax, that would indicate very roughly 55,000 (OK somewhere around 50k-to-60k)  of taxable income after your move to DE.   But that' s really spitballing it just from DE's tax rate tables without any deductions/exemptions.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
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