Consider the taxes you won't be paying as a Delaware resident:
Add up the savings offered by these Delaware tax advantages:
Low Property Tax: Property taxes for Delaware residents are some of the lowest in the United States!
School Tax Credit: Delaware's Senior Citizen Property School Tax Credit gives qualified homeowners 65 and older a credit equal to half of the school property taxes, up to $500., when you have been a resident for three or more years.
Pension Tax Exclusions: Tax payers age 60 and older can exclude $12,500 of investment and qualified pension income. At age 65, an additional standard deduction of $2,500 and be taken. Homeowners under age 60 qualify for a $2,000 exemption.
Save more. Do more. Enjoy the lower-tax advantages of a Delaware 55+ lifestyle!
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