Tax Benefits

While active adults are drawn to Delaware for many reasons, the state’s favorable tax laws are often a large part of the decision to relocate to the First State. In addition to not having statewide or countywide sales taxes, Delaware offers additional tax benefits including:

  • Extremely low real estate property taxes compared to neighboring states
  • No personal property taxes
  • No inheritance taxes (for most residents)
  • No local taxes outside of the City of Wilmington
  • No state taxes on social security benefits
  • Depending on a resident’s age, he or she may also qualify for favorable limits on pension benefit taxes.

Leave a Reply

Your email address will not be published. Required fields are marked *

* Copy This Password *

* Type Or Paste Password Here *

17,944 Spam Comments Blocked so far by Spam Free Wordpress