*DF30419039999*
DF30419039999
DELAWARE DIVISION OF REVENUE
FORM 700
Page 3
DELAWARE INCOME TAX
CREDIT SCHEDULE
820 North French St.
PO Box 8763
Wilmington, DE 19899-8763
34. Business Finder’s Fee Credits
35. New Economy Jobs Program Credits
36. Veterans Opportunity Credit
37. Employer Tax Credit For Hiring Individuals with Disabilities
38. Research & Development Credits (see instructions)
39. Total Refundable Income Tax Credits (Add lines 34 through 38)
PASS THROUGH ENTITIES - S Corporations and Partnerships
L.
33. Enter the total from line 19, above
S Corporations – enter the amount from line 33 on line 11 of form 1100-S. To the extent that the credits are to pass-
through to resident shareholders, allocate the credits among the shareholders and include the credits on line 23 of form
1100S-A1.
Partnerships – allocate the amount from line 33 among the partners and include the credits on line 16 of the form 300-
K1.
Shareholders and partners to whom credits are allocated must then prepare a separate form 700 reecting the potential
credits available on line 23 of form 1100S-A1, and calculate the allowable credit based upon the taxpayer’s Delaware
tax liability calculated on the taxpayer’s income tax form.
Please see instructions and worksheets on how to calculate your tax credit.
Enter on the appropriate line the amount of each calculated tax credit.
Corporate Filers - Enter the amount from line 39 on line 19 of the form 1100
Pass through entities (S-Corporations and Partnerships)
S-Corporations - Enter the amount from line 39 on line 12 of form 1100S and allocate the credits to share-
holders on line 24 of the form 1100S-A1
Partnerships - Allocate the amount from line 39 among the partners and report the amount on line 16 of the
form 300-K1 provided to the partners
Fiduciary Filers - Enter the amount from line 39 on line 17 of form 400
Individual Tax Filers - Enter the amount from line 39 on line 19 of form 200-01 (resident) or line 50 of form
200-02 (non-resident)
REFUNDABLE INCOME TAX CREDITS
M.
CREDIT LIMITATION - Fiduciaries
K.
28. Enter the amount listed on line 10 of form 400
29. Enter the total from line 19, above, for expenses incurred directly
This is the total of the non-refundable tax credits to which the taxpayer is entitled; enter here and
on line 11 of form 400
30. Enter current year credits from line 23 of Delaware form 1100S-A1 (S corporation) or
Delaware form 300-K1 (partnership) issued to the taxpayer, if any
31. Total lines 29 and 30
32. Enter the lesser of lines 28 and 31
Revision 1.0 (2019-02-06)