SCT-TAX: S Corporation Personal Income Tax Return (2024) (Revision)
Delaware · Delaware Division of Revenue · Used for tax years 2024
Delaware Form SCT-TAX is an S corporation personal income tax form with a payment voucher and a worksheet for calculating estimated tax due. It reports estimated distributive income, the percentage of stock owned by nonresident shareholders, and personal income tax to be paid on
Who files this form
The 2024 Form SCT-TAX is for S corporations calculating and paying estimated Delaware personal income tax on behalf of non-resident shareholders. The worksheet uses estimated distributive income and the percentage of stock owned by non-resident shareholders.
What you'll need
Have these details ready to complete the form:
- Corporation name, taxpayer ID, and mailing address.
- Calendar or fiscal year ending.
- Estimated distributive income for the taxable year.
- Total percentage of stock owned by non-resident shareholders.
- Estimated liability for the year, percentage due, and payment amount.
- Authorized signer's printed name, signature, date, email address, and phone number.
How to file
Complete the worksheet and enter the balance due from line 6 and the amount of your payment. Check the box if a request for change form is being filed.
Sign and date the return. Keep a copy for your records, and do not cut the page.
Mail the completed form with payment payable to:
Delaware Division of Revenue
PO Box 0830
Wilmington, DE 19899-0830
Common mistakes
- Forgetting to sign: The form reminds you to sign your return.
- Not keeping a copy: Keep a copy for your records.
- Cutting the page: The form specifically says not to cut the page.
Questions people ask
How is the income amount for non-resident shareholders calculated?
Multiply estimated distributive income on line 1 by the total percentage of stock owned by non-resident shareholders on line 2a. Enter the result on line 2b.
What tax rate does the worksheet use?
The worksheet directs you to multiply line 2b by 6.60%. It describes the result as the total personal income tax required to be paid on behalf of non-resident shareholders.
How do I calculate the amount due?
The form directs you to multiply line 4 by the percentage due on line 5 to calculate the amount due on line 6.
What does the signer certify?
Under penalties of perjury, the signer declares that they have examined the return, including accompanying schedules and statements, and believe it is true, correct, and complete. If someone other than the taxpayer prepares it, the declaration is based on all information the preparer knows.