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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 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.
My cousin was living in Delaware.
She stepped a few paces over the border into MD and purchased a nice new home there.
Thank you for the reply. 😊
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.
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