Delaware Paycheck Calculator
Calculate your take-home pay per paycheck for salary and hourly jobs after federal & Delaware taxes
Updated for 2024 tax year on Jul 06, 2024
Calculate your paycheck in these states
How to calculate your Delaware paycheck
Table of Contents
Overview of Delaware
Delaware’s population is almost 1 million (2019) and is known for its business-friendly corporation law. As a result, more corporate entities are formed in Delaware than residents.
Brief summary:
- the income tax rate ranges from 0% to 6.6%
- no state-level payroll tax
- has standard deductions and exemptions
Understanding your Delaware paycheck
Nestled in the Mid-Atlantic region, Delaware is small in size but big in economic impact. As an employee in the state, understanding your paycheck is essential to manage your finances effectively. We will guide you through the various components of your paycheck, from income taxes to deductions.
The first deductions on your Delaware paycheck are federal income and FICA taxes. Your federal income tax liability is based on your Form W-4, so remember to update the form after life-changing events. FICA tax, or payroll tax, is taken directly from your paycheck. The Social Security tax is 6.2%, and the Medicare tax is 1.45% of their wages.
For the self-employed, you are responsible for paying the employee and employer portions of FICA. It will be 12.4% for Social Security and 2.9% for Medicare. You may, however, claim a deduction for half of the self-employment taxes.
Your Delaware paycheck’s size can be affected by the information you provide on your Form W-4 and your pay frequency. The Form W-4 allows you to adjust your tax withholding by claiming allowances, which can influence the amount of federal income tax withheld from each paycheck. Additionally, your pay frequency will also impact your paycheck size.
Your marital status plays a role in determining your federal tax bracket, which affects your paycheck. Pre-tax deductions also reduce the amount of tax you need to pay.
Delaware has a state income tax, and the rate varies depending on your income. Luckily, there is no state-level payroll tax, making it less burdensome on your paycheck compared to some other states.
The state offers a standard deduction that reduces your taxable income. You can also claim personal exemptions are also available, providing additional tax relief.
Finally, your Delaware paycheck may include post-tax deductions, such as garnishments, union dues, or charitable contributions. These deductions are taken out of your paycheck after calculating taxes and do not affect your taxable income.
Calculate your Delaware paycheck
Calculating your Delaware state income tax is similar to the steps we listed on our main paycheck calculator page:
- Determine your gross income
- Annual salary
Annual salary = Gross income - Hourly wage
Hourly wage × Hours worked per day × Days worked per week × Weeks worked per year = Your weekly paycheck
- Annual salary
- Work out your total federal income tax
- Gross income adjusted
Gross income − Pre-tax deductions = Gross income adjusted - Federal taxable income
Gross income adjusted − Federal standard/itemized deductions = Federal taxable income - Federal income tax liability
Federal taxable income × Federal income tax rate = Federal income tax liability - Federal payroll tax liability
Gross income × Federal payroll tax rate = Federal payroll tax liability
- Gross income adjusted
- Calculate your total Delaware state income tax
- Delaware state taxable income
Gross income adjusted − (Delaware state standard/itemized deductions + Delaware state exemptions) = Delaware state taxable income - Delaware state income tax liability
Delaware state taxable income × Delaware state income tax rate = Delaware state income tax liability
- Delaware state taxable income
- Derive your Delaware local income tax liability
(Gross income adjusted or Delaware state taxable income) × Delaware local income tax rate = Delaware local income tax liability - Figure out your net pay
You need to account for any other deductions such as health insurance, 401(k) contribution, as well as additional withholdings.
Gross income − (Total income tax liability + Total payroll tax liability + Total pre-tax deductions + Total post-tax deductions + Total withholdings) = Your net pay - Divide your net pay by your pay frequency
- Daily
Your net pay / Days worked per week / Weeks worked per year = Your daily paycheck - Weekly
Your net pay / 52 = Your weekly paycheck - Bi-weekly
Your net pay / 26 = Your bi-weekly paycheck - Semi-monthly
Your net pay / 24 = Your semi-monthly paycheck - Monthly
Your net pay / 12 = Your monthly paycheck - Quarterly
Your net pay / 4 = Your quarterly paycheck - Semi-annual
Your net pay / 2 = Your semi-annual paycheck - Annual
Your net pay = Your annual paycheck
- Daily
State income tax brackets
Each filer type has different progressive tax rates. Refer to Tax Foundation for more details.
Tax year | Filing status | Taxable income | Rate |
---|---|---|---|
2024 2023 2022 2021 2020 |
Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $2,000 | 0.00% |
$2,000 – $5,000 | 2.20% | ||
$5,000 – $10,000 | 3.90% | ||
$10,000 – $20,000 | 4.80% | ||
$20,000 – $25,000 | 5.20% | ||
$25,000 – $60,000 | 5.55% | ||
$60,000+ | 6.60% |
Local income tax
Based on gross income, applies to both residents and non-residents.
Tax year | City | Rate |
---|---|---|
2024 2023 2022 2021 2020 |
Wilmington | 1.25% |
State standard deduction
Tax year | Filing status | Standard deduction amount |
---|---|---|
2024 2023 2022 2021 2020 |
Single Married, Filing Separately Head of Household |
$3,250 |
Married, Filing Jointly | $6,500 |
State exemptions
There are state-level exemptions for all types of filers and dependents. All exemptions are in the form of tax credits. Refer to Tax Foundation for more details.
FAQs
How to calculate take home pay in Delaware?
Do the following steps to get your take-home pay in Delaware:
- Determine your gross income
- Work out your total federal income tax
- Calculate your total Delaware state income tax
- Derive your Delaware local income tax liability
- Gross income minus taxes, deductions and withholdings
- Divide your net pay by your pay frequency
How much will Delaware tax paychecks in 2024?
Delaware employs a progressive state income tax system. 0% to 6.6% will be deducted from each paycheck depending on your income level.
How much is taken out of my paycheck in Delaware?
Besides federal income tax, Social Security and Medicare, you need to account for state income tax in Delaware. Your chosen insurance and retirement contributions also determine the total amount taken out of your paycheck.
What percentage of my paycheck goes to taxes in Delaware?
The taxes on your Delaware paycheck include
- federal income tax (10% to 37%)
- state income tax (0% to 6.6%)
- Social Security (6.2%)
- Medicare (1.45% to 2.35%)