Form 200-C - Delaware Composite Personal Income Tax Return

INSTRUCTIONS FOR 2013 COMPOSITE PERSONAL INCOME TAX RETURN

The Delaware Division of Revenue will accept a composite

· No net operating losses will be allowed.

return of qualifying non-resident shareholders of an S

· Any refund or overpayment of income taxes made on

corporation (or of a limited liability company which is

a composite basis must be remitted to the organization

treated as a partnership) or of qualifying non-resident

for distribution to the members.

individual partners of a partnership if all conditions

specified below are met:

A composite return may not be changed or corrected

except by an amended composite return filed by the

· Individuals included in the composite return must be

entity.

All S Corp estimated payments must be made

non-residents of the State of Delaware for the full taxable

with S Corp coupons (1100P) or returns (1100S), not

year.

the Composite return filing. Partnerships must file their

· Individuals included in the composite return must have

estimated taxes with 200-ES coupons.

no income (including spouse's) from sources within the

state other than his or her distributive share of corporate

A copy of Form 5403, Real Estate Tax Return, must be

or partnership income whose source is within Delaware.

attached to the composite return if any real estate tax

· All individuals included in the composite return must

payments were declared and paid on behalf of any

have the same tax year for income tax purposes.

qualifying

non-resident

stockholders

qualifying

non-resident partners included in the composite return

S corporations and partnerships with large volumes

of shareholders and partners may file a schedule

filing.

condensing the information from A-1 schedules in lieu of

filing individual A-1 schedules.

Composite returns are due on the 15th day of the

fourth month following the close of the taxable year of

Qualifying non-resident individual partners may elect to

the shareholders or partners included in the composite

file the Delaware Form 200-C. If one or more individuals

return. Federal Extensions of Time to File will be

choose not to file the Delaware Form 200-C, those

accepted as a valid extension to file the Delaware Form

individuals must file a Delaware Non-Resident Personal

200-C. Partnerships can file the Delaware Extension

Income Tax Return, Form 200-02. Individuals who are

Form 1027.

included in the composite filing must not file an individual

non-resident income tax return

reporting

the same

The Delaware Division of Revenue requires a Schedule

income. Grantor Trusts may also be included in the

K-1 for all non-resident corporate shareholders and

composite return.

non-resident individual partners filing the Delaware Form

200-C.

The following limitations and conditions shall apply to

those individuals included in the composite return:

The composite return must be signed by a partner or

· No tax credits other than non-refundable credits from

corporate officer authorized to sign the partnership

Form 700 will be allowed.

return or S corporation income tax return.

FOR DELAWARE INCOME TAX FORMS AND INSTRUCTIONS:

VISIT

OR CONTACT

DELAWARE DIVISION OF REVENUE

CARVEL STATE OFFICE BUILDING

9TH AND FRENCH STREETS, FIRST FLOOR

WILMINGTON, DE

19801

(302) 577-8994

REVISED 11/21/13

Form 200-C - Delaware Composite Personal Income Tax Return - 2013 Page 2

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