Form 700 Delaware Income Tax Credit Schedule - Delaware

What Is Form 700?

This is a legal form that was released by the Delaware Department of Finance - Division of Revenue - a government authority operating within Delaware. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 700?
A: Form 700 is the Delaware Income Tax Credit Schedule.

Q: What is the purpose of Form 700?
A: The purpose of Form 700 is to claim various income tax credits in Delaware.

Q: Who needs to file Form 700?
A: Anyone who wants to claim income tax credits in Delaware needs to file Form 700.

Q: What are income tax credits?
A: Income tax credits are reductions in the amount of tax owed.

Q: What types of credits can be claimed on Form 700?
A: Form 700 allows for the claiming of various credits, such as the Earned Income Credit, Senior School Property Tax Credit, and the Volunteer Firefighter/EMS Personnel Credit, among others.

Q: Is there a deadline for filing Form 700?
A: Yes, Form 700 must be filed by the same deadline as the Delaware income tax return, usually April 30th.

Q: Are there any penalties for not filing Form 700?
A: Yes, failure to file Form 700 may result in the loss of eligibility for certain income tax credits.

Q: Is there a fee for filing Form 700?
A: No, there is no fee for filing Form 700.