Delaware Code Title 30 Sec. 1167 – Minimum tax and prorating of exemptions
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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. 1953, § ?1167; 57 Del. Laws, c. 737, § ?1;
Terms Used In Delaware Code Title 30 Sec. 1167
- Taxable: means any person, fiduciary, association of persons, syndicate, joint venture or copartnership subject to making return or to payment of tax imposed by this title. See Delaware Code Title 30 Sec. 101
- Year: means a calendar year, and is equivalent to the words "year of our Lord. See Delaware Code Title 1 Sec. 302