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                                                      STATE OF DELAWARE  
                                                                FORM 1100S 
                     S Corporation Reconciliation and Shareholders Information Return 
                                                                INSTRUCTIONS 

                                                 INSTRUCTION HIGHLIGHTS 
                     CALENDAR YEAR 2022 AND FISCAL YEAR ENDING 2023 TAX YEAR 

Section 1158(a) of Title 30 of the Delaware Code requires that every corporation that is an S Corporation for Federal income tax purposes pay on 
behalf of each non-resident shareholder an amount equal to the highest personal income tax rate set in Section 1102(a) of Title 30 on the amount of 
the non-resident’s share of distributive income apportioned to Delaware.  If there is an overpayment of estimated tax paid on behalf of the non-resident 
shareholders, the overpayment must be included proportionally in the amount of estimated tax claimed by the non-resident shareholders upon the filing 
of their Delaware non-resident personal income tax returns.  Overpayments of estimated tax will not be refunded to the S Corporation. 

Federal Schedule K-1 cannot be used in lieu of Delaware Schedule A-1 when filing the S Corporation Reconciliation and Shareholders Information 
Return.  Delaware Schedule A-1 must be filed for each resident and non-resident shareholder of the S Corporation. 

The Division of Revenue Public Service offices are open in all three counties to assist you and answer your tax questions. Addresses and telephone 
numbers are listed below. 

A Composite Personal Income Tax Return, Form 200-C (available at the offices listed below), for qualifying non-resident shareholders  
of an S Corporation may be filed in lieu of individual non-resident personal income tax returns if all of the following conditions are met: 

1. Non-resident shareholders included in the composite return must be non-residents of the State of Delaware for the full taxable year.
2. Non-resident shareholders included in the composite return must have no income (including spouse’s) from sources within the State of Delaware
   other than his or her distributive share from the S Corporation.
3. All non-resident shareholders included in the composite return must have the same tax year ending for income tax purposes.

Title 30 of the Delaware Code authorizes eight different income tax credits for which an S Corporation may be eligible. The income tax credits that 
are available are the Economic Development, Green Industries, Research & Development, Land & Historic Resource Conservation and Historic 
Property Preservation, New Economy Job Credit and Employer Tax Credit for hiring individuals with disabilities, and Automatic External 
Defibrillator tax credit.  Please see page 8 and 9 of this instruction booklet for details concerning the income tax credits. 

Step by step instructions for completing the Delaware S Corporation Reconciliation and Shareholders Information Return are provided in this 
booklet. The Division of Revenue is committed to provide quality services to all businesses. Additional information is available on our website at  
www.revenue.delaware.gov  or https://tax.delaware.gov. Our site contains information on registering your business, Tax Tips to guide you in filing 
various business tax returns, and the ability to electronically contact a representative of the Office of Business Taxes with your tax questions.  Our site 
enables any business whose current Delaware business license expired on December 31, 2022 to renew their business license for 2023 online and pay 
their license fee by using a credit card.  The business will have the ability to print a temporary license directly from the website and subsequently be 
mailed a permanent license. In addition, any business renewing a license online may also elect a one- or three-year business license. 

                                                                OFFICE LOCATIONS 
                                      CALL TOLL-FREE TELEPHONE IN DELAWARE: 1-800-292-7826 

                 WILMINGTON                                             DOVER                                      GEORGETOWN 
        Division of Revenue                                     Division of Revenue                                Division of Revenue 
        State Office Building                          Thomas Collins Building, Suite 2                   20653 DuPont Blvd, Suite 2 
                                                                540 S. DuPont Highway 
        820 N. French Street                                                                              Georgetown, Delaware 19947 
                                                                Dover, Delaware 19901 
        Wilmington, Delaware 19801                                                                        Telephone: (302) 856-5358 
                                                                Telephone: (302) 744–1085 
        Telephone: (302) 577– 8205                                                                                 Fax: (302) 856-5697 
                                                                Fax: (302) 744-1095 
                 Fax: (302) 577-8662 

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                                               STATE OF DELAWARE  
                                                                       FORM 1100S 
              S Corporation Reconciliation and Shareholders Information Return 
                                                                INSTRUCTIONS 

                                               GENERAL INSTRUCTIONS 

CORPORATIONS REQUIRED TO FILE RETURNS                                         provides that the entire net income of a corporation is the amount of its 
                                                                              federal taxable income with specific modifications.  As a result, if a 
Every S Corporation deriving income from sources within Delaware              short period Federal return is due, a short period Delaware return is also 
is  required  to  file  an  S  Corporation  Reconciliation  and  Shareholders due for the same tax period.  Short period returns of dissolving 
Information Return (Form 1100S).                                              corporations are due on the fifteenth day of the third month after the end 
The Federal Small Business Job Protection Act amended                         of the short period year. 
Subchapter S of the Internal Revenue Code by revising the manner in           PENALTIES AND INTEREST 
which Federal S Corporations may organize.  The State of Delaware 
                                                                                Returns filed late are subject to a penalty of 5% per month, up to a 
has issued regulations (Technical Information Memorandum 98-2) to 
                                                                              maximum of 50% of the tax liability due, plus interest of 1/2% per 
adopt the provisions of Sections 1361 through 1379 of the Regulations 
                                                                              month from the original due date until paid.  In addition to the above 
to the Internal Revenue Code of 1986.  A valid election under the rules 
                                                                              penalties and interest, an additional penalty of 1% per month (not to 
prescribed by the Internal Revenue Service by a parent S Corporation to 
                                                                              exceed 25%) is imposed for failure to pay (in whole or in part) the tax 
treat a wholly owned subsidiary as a QSSS shall be valid for Delaware 
                                                                              liability shown to be due on a timely filed return. 
purposes upon making the federal election.  Entities carrying on a trade 
or business within Delaware are subject to the provisions of Title 30 of 
the Delaware Code and are required to file income tax returns for such        ESTIMATED TAX FILING REQUIREMENTS 
years.  An S Corporation which has elected to treat a subsidiary which          Every S Corporation deriving income from sources within 
is conducting business in Delaware as a QSSS shall be a taxable entity        Delaware must make estimated payments of personal income tax on 
in Delaware and the items of income, deductions, and apportionment            behalf of its non-resident shareholders based on the non-resident’s 
factors of the QSSS shall be included on the income tax return of the         share of the distributive income of the corporation.  The S Corporation 
                                                                              must make an estimate of its distributive income for the taxable year 
S Corporation.  The QSSS is also subject to the licensing and gross           (apportioned to Delaware) and multiply it by the percentage of stock 
receipts provisions of Title 30 of the Delaware Code with respect to its      owned by the non-resident shareholders.  This amount is then 
business activities conducted within Delaware.                                multiplied by 6.60% to determine the amount of personal income tax 
Section 1902(b) (9) of Title 30 of the Delaware Code exempts                  required to be paid by the S Corporation. 
from the corporation income tax qualified small business corporations           Every S Corporation with non-resident shareholders is required to 
having a valid election under Subchapter S of the Federal Internal            declare the amount of its estimated tax liability and prepay the amount of its 
Revenue Code.                                                                 estimated tax liability in four installments.  House Bill No. 257, signed July 
                                                                              23, 1997, eliminates the requirement for the S Corporation to file and remit 
If exemption is claimed under this Section, complete Form 1100S,              estimated tax when the S Corporation’s taxable period is less than 92 
S Corporation Reconciliation and Shareholders Information Return and          calendar days.  The declaration and remittance equal to 50% of the  
attach a copy of Federal Form 1120S.                                          S Corporation’s estimated tax liability is due on or before the fifteenth day of 
                                                                              the fourth month of the taxable year.  
The State of Delaware has not adopted by statute or by regulation, 
the provisions of the Uniform Division of Income Tax Purposes Act nor           The declaration (Form P-1) is due even if the estimated tax liability is 
                                                                              zero and no remittance is required.  The remaining coupons -- P-2, P-3, and P-
is the State a member of the Multistate Tax Commission.  The State of 
                                                                              4 -- are not required to be filed if the estimated tax liability remains at zero for 
Delaware does not recognize or approve using Combined Reporting,              the remainder of the taxable year.  If the estimated tax liability is greater 
Unitary or Waters Edge methods of filing a Delaware corporate income          than zero during any of the remaining three quarters of the taxable year, 
tax return.                                                                   quarterly estimated tax payments are due according to the following 
Consolidated returns are not permitted under Delaware Law.                    schedule: 20% on the fifteenth day of the 6th month of the taxable year; 20% 
                                                                              on the fifteenth day of the 9th month of the taxable year and 10% on the 
PERIOD COVERED BY RETURN                                                      15th day of the month of twelfth the taxable year. 
The income year of a corporation is the same as the taxable                     Failure to make a declaration or file and pay the required payments of 
year for which the corporation reports for purposes of the Federal            personal income tax will result in a penalty.  A penalty of 1.5% per month is 
income tax.   Accordingly, this return is to be filed for the calendar        imposed on any underpayment or late payment of estimated taxes from the 
year 2022 or fiscal year beginning in 2022 and ending in 2023.                due date of the estimated payment to the date the tax was paid.  The penalty 
                                                                              will not be imposed if the total estimated tax timely paid equals or exceeds 
Short period returns are required when there is a change of                   80% of the current year’s liability or equals or exceeds 100% of the tax 
the annual accounting period or where the S Corporation is not in             liability of the first preceding taxable year. 
existence for the entire year. 
                                                                              Small Corporation Rule: 
Short period returns are also required when there is a change                   The term “small corporation” means any corporation, including, without 
of an S election.  Chapter 19, Corporation Income Tax, of Title 30            limitation, an S corporation subject to § 1158 of this title, if such corporation 
of the Delaware Code does not contain a specific provision for the            (or any predecessor corporation) had aggregate gross receipts from sales of 
filing of a short period corporate final income tax return.  Section          tangible personal property and gross income from other sources both within 
1901(10) provides that the “income year” of a corporate taxpayer              and without the State for purposes of computing the ratio described in 
shall be the taxable year for which a taxpayer computes its net               schedule 1-D of this return that do not exceed the applicable threshold of 
income for purposes of the Federal income tax.  Section 1903                  $20,000,000 for any 2 of the 3 taxable years immediately preceding the 
                                                                              taxable year for which estimated tax is being computed. 

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                                                  STATE OF DELAWARE  
                                                                    FORM 1100S 
                        S Corporation Reconciliation and Shareholders Information Return 
                                                                 INSTRUCTIONS 

     For small corporations, 25% of the estimated tax liability for the     NOTICE OF FEDERAL TAX ADJUSTMENT 
current taxable year shall be paid with the tentative return filed on the 
fifteenth day of the fourth month of the current taxable year, and the 
balance of the estimated tax shall be paid in 3 equal installments of           If a taxpayer files an amended Federal income tax return, it is 
25% on each of the fifteenth day of the sixth month of the current        required within 90 days to file an amended State of Delaware S 
taxable year; the fifteenth day of the ninth month of the current taxable Corporation Reconciliation and Shareholders Information Return 
year; and the fifteenth day of the twelfth month of the current taxable   together with a copy of the amended Federal return.  If the net income 
year.                                                                     reported by the taxpayer to the Internal Revenue Service for Federal 
                                                                          income tax purposes is changed or corrected by the Internal Revenue 
     A program has been established enabling a corporation to             Service, or the tax computed on the return is re-determined by the 
remit tentative tax payments electronically. This program is made         Internal Revenue Service, notice of such changes, corrections or 
available to all corporations on a voluntary basis. To participate        adjustments must be reported to the Division of Revenue within 90 
in the EFT program, you must complete theState of Delaware                days after the final determination by the Internal Revenue Service is 
Electronic Funds Transfer Program, ACH Authorization                      made. 
form. This form and its instructions are available by contacting 
the Division of Revenue, Electronic Funds Coordinator, Carvel               ATTACH COPY OF FEDERAL RETURN 
State Office Building, P.O. Box 8763, Wilmington, DE 19899-                     You must attach a copy of your Federal return Form 1120S for the 
8763, (302) 577-8231. 
                                                                            income year, including all schedules and exhibits, including Schedule K 
                                                                            and K-1, when filing your Delaware return. 
WHEN TO FILE AND EXTENSIONS                                                     A copy of Delaware Schedule A-1 from the Delaware 
       File Delaware Form 1100S on or before the fifteenth day of            S Corporation Reconciliation and Shareholders Information Return 
the third month following the close of the taxable year.  A request         must be attached to the Delaware personal income tax return when filed 
for an automatic extension of six months to the Internal Revenue            by the respective resident or non-resident shareholder. 
Service will automatically extend by six months the filing date for 
the Delaware return.  If an automatic Federal extension has been            ELECTRONIC REPORTING OF FORM 1099 
granted, a copy of the extension must be attached to the final 
return when filed.                                                          INFORMATION 
      An extension of time with payment for filing the Delaware                 Any S corporation required to report Form 1099-MISC,  
S Corporation Reconciliation and Shareholders Information                   1099-R or 1099-NEC information to the Internal Revenue Service on 
Return is made by filing Voucher 1100P-EXT contained in the                 magnetic media must also report to the Delaware Division of Revenue 
Delaware PAYMENT OF PERSONAL INCOME TAX BY S                                on magnetic media.  The duty to report 1099-MISC and 1099 NEC 
CORPORATIONS coupon on or before the due date of the                        information to the Division of Revenue applies in the case of Forms 
original return.  Please note that a timely filed extension extends         1099-MISC and 1099 NEC issued to persons resident in Delaware or to 
the period for filing a final return but does not extend the period         non-residents of Delaware for work performed within Delaware.  Forms 
for paying tax liability. Payment of the estimated personal                 1099-R are required to be reported to Delaware in the case of any 
income tax required to be paid on behalf of its nonresident                 person issued a Form 1099-R on which Delaware taxes are reported as 
shareholders must be remitted with the request for extension.               withheld.  Delaware participates in the Combined Federal/State Filing 
Section 511 of Title 30 of the Delaware Code provides that the              Program, the 1099-MISC, 1099-NEC  and 1009-R forms are required to 
Director may grant an extension of time for filing any return               be filed directly with Delaware.   All others, including 1099-DIV and 
and may require a bond not exceeding twice the amount of the                1099-INT need not be filed. 
tax. 
      An extension beyond the automatic six-month period may 
be requested by letter on or before the due date of the return.  A 
copy  of  the  Division  of  Revenue  Approval  Letter  must  be 
attached to the final return when filed. 

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STATE OF DELAWARE
FORM 1100S
S Corporation Reconciliation and Shareholders Information Return
INSTRUCTIONS

SPECIFIC INSTRUCTIONS
IMPORTANT
To ensure the timely and proper processing of your S Corporation Reconciliation and Shareholders Information Return, ALL lines
and schedules must be completed. Specific line items, supported by separate attached schedules, must be entered on the appropriate line
of this return. Failure to complete all lines and schedules will delay the processing of your return. For purposes of these instructions,
“taxpayer” means the S Corporation.

INTRODUCTION S Corporations which conduct business in more than one state must
As a result of the enactment of House Bill No. 573, 68 Del. allocate and apportion their income among the respective states.
Laws Ch. 423, effective for tax years beginning on or after January Please refer to the specific instructions for Delaware Schedule A
1, 1992, S Corporations are no longer subject to the Delaware and for Delaware Form 1100S to calculate distributive income for
corporate income tax. a non-resident shareholder.
Effective for taxable years beginning on or after January 1,
1992, non-resident shareholders are subject to Delaware personal
DELAWARE SCHEDULE 1 - RECONCILIATION
income tax on their portion of the distributive share of the income
and deductions of an S Corporation apportioned to Delaware. OF ORDINARY INCOME TO TOTAL INCOME
An S Corporation is not entitled to adjust its taxable income by The Ordinary Income reported on Federal Form 1120S,
a net operating loss carryback or carryforward. There are no Schedule K, Line 1 must be modified for Delaware purposes by
statutory modifications or adjustments to Federal taxable income certain additions and subtractions to reflect the “flow through”
that permits such net operating loss deductions to be considered in items to the shareholders that are not included in ordinary income
computing Delaware taxable income under Chapter 19, Title 30 of on Federal Form 1120S. Begin with Schedule 1 on the back of
the Delaware Code. Refer to Delaware Tax Ruling 78-3. Delaware form 1100S.
For Delaware personal income tax purposes, resident
shareholders are entitled to the benefit of their portion of any net Delaware Schedule 1(A) - Gross Real and
operating loss incurred by the S Corporation. Commencing with Tangible Personal Property
tax years beginning on or after January 1, 1992 and to the extent Enter on Line 1 the original cost value of all real and tangible
that a net operating loss carryforward resulted from a Delaware S personal property owned at the beginning and at the end of the
Corporation, net operating loss deductions may be carried forward taxable year allocable (a) within the State of Delaware and (b)
on the personal income tax returns of non-resident shareholders. within and without the State of Delaware. Enter on Line 2 the value
These losses may include losses incurred in tax periods beginning of all real and tangible personal property rented at the beginning and
before January 1, 1992. There is no net operating loss carryover at the end of the taxable year allocable (a) within the State of
allowable on the shareholder’s Delaware personal income tax return Delaware and (b) within and without the State of Delaware. The
that does not derive from a carryover on the shareholder’s Federal rented real and tangible property is valued at 8 times the annual
personal income tax return for the same year. rental. Goods in transit should be included in the property factor of
the state to which the goods are to be delivered. Real and tangible
personal property owned by the United States Government that is
NON-RESIDENT SHAREHOLDERS used or operated by the taxpayer shall be disregarded.
An S Corporation is exempt from corporate taxation. Resident Enter on Line 3 the total of Lines 1 and 2.
and non-resident shareholders must report their respective share of
S distributive income on their individual personal income tax Enter on Line 4 of Delaware Schedule 1 (A) the original cost of
returns. A Composite Personal Income Tax Return, Form 200-C, real and tangible personal property, the income from which is
for qualifying non-resident shareholders of an S Corporation may separately allocated on Lines 4 through 14 of Delaware Schedule A.
be filed in lieu of individual non- resident personal income tax Also enter on Line 4 the value of property currently under
returns if all of the following conditions are met: (1) the non- construction or property not used in the S Corporation’s business.
resident shareholders must be non-residents of the State of Subtract Line 4 from Line 3 and enter the remainder on Line 5.
Delaware for the full taxable year, (2) the non-resident
shareholders must not have income (including spouse’s) from Calculate on Line 5 the average value of the real and tangible
sources within the State of Delaware other than his or her property by adding the total beginning and total ending values of
distributive share from the S Corporation and (3) the non-resident property within the State of Delaware and property within and
shareholders must have the same tax year ending for personal without the State of Delaware respectively, and divide each sum by
income tax purposes. An S Corporation which has one or more non- two.
resident shareholders is required to make estimated personal Enter on Line 6 the calculated average value of the real and
income tax payments on behalf of its non-resident shareholders. tangible property.

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                                                  STATE OF DELAWARE  
                                                                    FORM 1100S 
               S Corporation Reconciliation and Shareholders Information Return 
                                                                 INSTRUCTIONS 
                                                                            
  Include in the property factor on the appropriate lines, the 
 taxpayer’s share of real and tangible property owned and rented           Delaware Schedule 1(D) - Determination of 
 resulting from the taxpayer’s proportionate ownership as a general        Apportionment Percentage 
 or limited partner in an active partnership.                               Enter in the numerator on Line 1 the average value of all real 
                                                                           and tangible personal property owned or rented in the State of 
 Delaware Schedule 1(B) - Wages, Salaries and Other                        Delaware.  Enter in the denominator on Line 2 the average value 
 Compensation                                                              of all real and tangible personal property owned or rented both 
                                                                           within and without the State of Delaware as reported in Delaware 
  Enter on Line 1 the total wages, salaries, bonuses, and other            Schedule 1(A) and compute the percentage. 
 compensation paid or accrued to employees engaged in employment 
 within the State of Delaware and within and without the State of           Enter in the numerator on Line 3 the wages, salaries and other 
 Delaware during the taxable year.  Include in the wage factor on the      compensation paid or accrued to employees within the State of 
 appropriate line, the taxpayer’s share of wages, salaries, bonuses,       Delaware.  Enter in the denominator on Line 4 the wages, salaries 
 and other compensation paid or accrued to employees, resulting            and other compensation paid or accrued to employees within and 
 from the taxpayer’s proportionate ownership as a general or limited       without the State of Delaware as reported in Delaware Schedule 
 partner in an active partnership.  Enter on Line 2 the wages,             1(B) and compute the percentage. 
 salaries, bonuses, and other compensation paid or accrued to               Enter in the numerator on Line 5 the gross receipts 
 general executive officers. “General Executive Officers” means the        apportioned to the State of Delaware.  Enter in the denominator on 
 officers of record in the state in which the taxpayer is incorporated.    Line 6 the total gross receipts subject to apportionment as reported 
  Subtract Line 2 from Line 1 and enter the remainder on Line 3.           in Delaware Schedule 1(C) and compute the percentage.  
                                                                            Compute the respective percentages, carried to at least six (6) 
 Delaware Schedule 1(C) - Gross Receipts Subject to                        decimal places, and enter in the appropriate column. Total the 
 Apportionment                                                             percentages and divide by: A factor of three if all three 
                                                                           apportionment factors (property, wages, and sales) are present; A 
  Enter on Line 1 in the column headed “Within Delaware”, the              factor of two if only two apportionment factors (property or wages 
 gross receipts from the sales of tangible personal property               or sales) are present; a factor of one if only one apportionment 
 physically delivered within Delaware to the purchaser or his agent        factor (property or wages or sales) is present.  For example, if the 
 located within the State of Delaware (but not including delivery to       corporation has property and sales but does not pay any salaries, 
 the United States Mail or to a common or contract carrier for             the apportionment percentage should be determined by the average 
 shipment to a place outside Delaware).  Enter in the column               of the two factors of property and sales.  Enter the resulting 
 headed “Within and Without Delaware” total gross receipts from            percentage on Line 8, Delaware Schedule 1(D) and on Line 2, 
 the sales of tangible personal property both within and without           Delaware Schedule A, Form 1100S. 
 Delaware during the income year.                                          
  Include in the factor on the appropriate line, the taxpayer’s            DELAWARE SCHEDULE A - RECONCILIATION OF 
 share of gross receipts from the sale of tangible property and gross      ORDINARY INCOME TO TOTAL NET INCOME 
 income from other sources resulting from the taxpayer’s 
 proportionate ownership as a general or limited partner in an active      Line 1 - Ordinary Income (Loss) 
 partnership.                                                               Enter the amount from Federal Form 1120S, Schedule K, Line 1. 
                                                                           
  Enter on Line 2, in the column headed “Within Delaware”, all             Line 2 - Apportionment Percentage 
 other gross income (if any) from other sources, including receipts         Enter the apportionment percentage from Delaware Form 1100S, 
 from services rendered within Delaware, which are not tax exempt,         Schedule1-D, Line 8. 
 and which are not directly allocated on Lines 4 through 14 of                 
 Delaware Schedule A.  Gross income from sources within 
                                                                           Line 3 - Ordinary Income Apportioned to Delaware 
 Delaware includes distributions from partnerships in which the 
                                                                            Multiply Line 1 by the percentage on Line 2 and enter the result 
 taxpayer is a corporate partner, when the State of Delaware is 
                                                                           on Line 3. 
 maintained as the principal place from which the trade or business 
 of the taxpayer is directed or managed.  Other income is considered       
 gross income from a Delaware source when the activity that gives          Line 3 (a) - Enter in Column A the amount from Line 1 
 rise to the income is performed within the State of Delaware.             and in Column B the amount from Line 3. 
 Enter the total on Line 2 in the column headed “Within and                
 Without Delaware”, all other gross income (if any) from other             ADDITIONS: 
 sources both within and without Delaware which are not tax 
 exempt, and which are not directly allocated on Lines 4 through 14        Lines 4 and 5 - Net Income (Loss) From Rental Real Estate 
 of Delaware Schedule A.  Include a separate schedule listing the          and Other Rental Activities 
 items of other income included on this line.  Add the amounts on           Enter the amount from Federal Form 1120S, Schedule K, Lines 
 Line 1 and Line 2 and enter the total on Line 3.                          2  and  3c respectively in Column A.  Enter in Column B the net 
  If you are selling tangible personal property or providing               income  or  loss  from  rental  activities  from  property  physically 
 services within Delaware, you are liable for a Delaware Business          located within Delaware. 
 License and the payment of a gross receipts tax on the receipts 
 received from such sales or services.                                      
 
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                                              STATE OF DELAWARE  
                                                             FORM 1100S 
                S Corporation Reconciliation and Shareholders Information Return 
                                                            INSTRUCTIONS 

Lines 6, 7, and 8 - Interest, Dividend and Royalty Income                   Line 17 - Depletion Expense 
Enter the amount from Federal Form 1120S, Schedule K, Lines                 Enter all depletion expense included on Federal Form 1120S, 
                                                                            Schedule K, Line 15e in Column A. Enter the same amount in 
4, 5a and 6 in Column A. Enter in Column B, Lines 6, 7, and 8 
                                                                            Column B. 
respectively,  taxable  interest,  dividends,  and  royalties  if  the  S 
Corporation’s commercial domicile is located in Delaware. 
                                                                            Line 18 - Total 
                                                                            Add Lines 14 through 17 and enter the amount on Line 18. 
Lines 9 and 10 - Net Short and Long Term Capital Gain 
 (Loss) 
                                                                            Line 19 - Total Net Income (Loss) 
Enter the amount from Federal Form 1120S, Schedule K, Lines                 Subtract Line 18 from Line 13 and enter the amount on this 
7 and 8a in Column A. Enter in Column B, Lines 9 & 10 respectively,         line. Enter the amount from Column B on Line 1, Delaware 
the net short- term and long-term capital gain or loss if the asset is      Form1100S.  
employed in a trade or business in Delaware. 
Line 11 - Net Gain (Loss) Under Section 1231 (Other                         FORM 1100S-S CORPORATION 
Than Casualty or Theft)                                                     RECONCILIATION AND SHAREHOLDERS 
Enter the amount from Federal Form 1120S, Schedule K, Line                  INFORMATION RETURN 
9 in Column A. Enter in Column B, Line 11, Section 1231 gains 
(losses) if the asset is employed in a trade or business in Delaware.       CALENDAR OR FISCAL YEAR OPERATION 
Line 12 - Other Income (Loss)                                               Delaware Form 1100S and its schedules is  an information 
                                                                            return used to reconcile Federal ordinary income to Delaware 
Enter the amount from Federal Form 1120S, Schedule K, Line                  distributive income and to pay any additional tax due on behalf of 
10 in Column A. Enter in Column B, any other income, or loss not            non-resident shareholders for the calendar year 2022 or fiscal year 
included on Lines 1 through 9, such as recoveries of tax benefit            beginning in 2022 and ending in 2023. If  the S Corporation 
items; gambling gains and losses or net gain (loss) from involuntary        conducts business on a fiscal year basis, insert the beginning and 
conversions due to casualty or theft derived from sources within            ending dates of the fiscal year in a MM/DD/YY format. 
Delaware. 
Line 13 - Total                                                             NAME, ADDRESS AND EMPLOYER IDENTIFICATION 
Add Lines 3(a) through 12 in Columns A and B.                               NUMBER 
                                                                            Enter the complete name, corporate headquarters address, 
SUBTRACTIONS:                                                               Delaware address (if different from the corporate headquarters 
                                                                            address) and employer identification number of the S Corporation. 
Line 14 - Section 179 Expense Deduction                                     Employer identification numbers are issued by the Internal 
                                                                            Revenue Service by filing Federal Form SS-4. 
Enter the amount from Federal Form 1120S, Schedule K, Line 
11 in Column A. Enter in Column B the same amount if the asset,             DATE AND STATE OF INCORPORATION AND 
for  which  the  Section  179  expense  deduction  is  claimed,  is         NATURE OF BUSINESS 
employed in a trade or business in Delaware.                                Enter the date in MM/DD/YY format and the state in which 
                                                                            the S Corporation is incorporated.  Enter a short phrase to 
Line 15 - Charitable Contributions                                          describe the nature of business conducted by the S Corporation. 
Enter the amount of charitable contributions paid by the 
S Corporation during its tax year from Federal Form 1120S,                  CHECK THE APPLICABLE BOX 
Schedule K, Line 12a in Column A. Enter in Column B the same                Check the Initial Return box if this the first time the 
amount if the S Corporation’s commercial domicile is located in              S Corporation is filing a Reconciliation and Shareholders  
Delaware or if the taxpayer can demonstrate that the contribution is        Information return.  Check the change of address box if the address 
connected with sources within Delaware. 
                                                                            of the S Corporation has changed from the previous year’s filing.  
                                                                            Check the Amended Return box to make changes to a filed original 
Line 16 - Other Deductions                                                  return. Check the Extension Attached box if the S Corporation has 
Enter the amount from Federal Form 1120S, Schedule K, Line                  obtained an approved Federal or Delaware extension of time to file 
12d in Column A. Enter in Column B, Line 16 the same amount if              a reconciliation and shareholders information return.  Check the 
the S Corporation’s commercial domicile is located in Delaware.             Small Corporation box if the S Corporation meets the standards out 
                                                                            lined in Title 30 Chapter 19 § 1905 (5). Check the ESOP box if the 
                                                                            S Corporation is wholly owned by an employee stock ownership 
                                                                            trust. 

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                                                      STATE OF DELAWARE  
                                                                   FORM 1100S 
                        S Corporation Reconciliation and Shareholders Information Return 
                                                                 INSTRUCTIONS 
                                                                                 
 OUT OF BUSINESS                                                                 
    Enter  the  exact  date  in  MM/DD/YY  format  when  the  S                                  STOP HERE 
 Corporation  ceased business operations. Only enter a date if the S             IF ALL SHAREHOLDERS ARE DELAWARE RESIDENTS. 
 Corporation went out of business during, or on the last day of the S            
 Corporation’s tax year ending.                                                 LINE 7 - DISTRIBUTIVE INCOME OF NON-RESIDENT 
                                                                                SHAREHOLDERS 
                                                                                     Multiply Line 5 by the percentage on Line 6. This represents 
 LINE 1 - TOTAL NET INCOME 
                                                                                the entire distributive income attributable to non-resident 
    Enter  the  amount  from  Delaware  Form  1100S,  Schedule A,               shareholders. 
 Column B, Line 19. 
                                                                                LINE 8 - TAX DUE 
 LINE 2 - SUBTRACTIONS FROM TOTAL NET                                                Multiply Line 7 by 6.60 %. This is the amount of estimated 
 INCOME                                                                         taxes which must be paid on behalf of the non-resident 
    Enter on Line 2(a) the amount of interest income received                   shareholders. 
 from bonds or securities of the United States or its 
 instrumentalities, less applicable expenses to the extent such                 LINE 9 - ESTIMATED TAX PAID 
  interest income is included in Line 1.                                         Enter on Line 9 the estimated tax paid for the taxable year from 
    Enter on Line 2(b) an amount equal to the portion of wages paid            Delaware Form 1100P.  Include on this line payments made with 
 or incurred for the taxable year which is disallowed as a deduction for       requests for extensions of time to file. The statute requires 
 Federal purposes under Subsection (a) of Section 280C, IRC, relating to       prepayment by the S Corporation on behalf of the non-resident 
 the portion of wages for which the New Jobs credit is claimed.                shareholders.  Please refer to Estimated Tax Filing Requirements on 
    Attach copy of Federal Form 5884 - New Jobs Credit.                        Page 2 and Form 1100P for due dates and amounts required to be 
    Add Lines 2(a) and 2(b) and enter on Line 2(c).                            paid. 
                                                                                LINE 10 - OTHER PAYMENTS 
 LINE 3                                                                              Enter on Line 10 other payments not included on Line 9 and 
    Subtract Line 2(c) from Line 1 and enter on Line 3.                          attach an explanation of such payments. 
                                                                                
 LINE 4 - ADDITIONS TO TOTAL NET INCOME                                         LINE 11 - APPROVED NON-REFUNDABLE INCOME 
    Enter on Line 4(a) the amount of interest income received from              TAX CREDITS 
 obligations issued by any State or political subdivision other than the             Enter on Line 11 the approved non-refundable tax credits from 
 State of Delaware or its political subdivisions to the extent such interest    Delaware Form 700, multiplied by the percentage of stock owned 
 income is not included in Line 1.                                              by non-resident shareholders. 
    Enter  on  Line  4(b)  the  amount  of  any  depletion  expense                   
 allowable under Federal Law; to the extent it is in excess of cost             LINE 12 - APPROVED REFUNDABLE INCOME TAX 
 depletion. 
                                                                                CREDITS 
    Enter on Line 4(c) the amount of the charitable contributions 
                                                                                     Enter on Line 12 the approved refundable tax credits from 
 included in Line 1 for which the Delaware Land & Historic Resource 
                                                                                Delaware Form 700, multiplied by the percentage of stock owned 
 Conservation credit was granted. 
                                                                                by non-resident shareholders. 
 Add Lines 4(a) through 4(c) and enter on Line 4(d).                            
                                                                                LINE 13 - TOTAL PAYMENTS AND CREDITS 
 LINE 5 - DISTRIBUTIVE INCOME                                                        Add Lines 9 through 12 and enter the amount on Line 13. 
    Enter on Line 5 the amount of distributive income by adding                       
    Lines 3 and 4(d).                                                           LINE 14 - BALANCE DUE OR OVERPAYMENT 
  
                                                                                     If Line 8 is greater than Line 13, enter the balance due and pay 
 LINE 6 - PERCENTAGE OF STOCK OWNED BY NON-
                                                                                in full.  If Line 13 is greater than Line 8, the amount on Line 13 will 
 RESIDENT SHAREHOLDERS                                                          be included proportionally in the amount of estimated tax claimed 
    Enter on Line 6 the percentage of stock owned by non-resident               by the non-resident shareholder(s) upon the filing of their Delaware 
 shareholders.  If the S Corporation has shareholders who have not been         non-resident personal income tax return.  A refund will not be 
 residents of Delaware for the entire year, please contact the                  issued directly to the S Corporation for any overpayment of 
 Division of Revenue for specific instructions. Complete Delaware               estimated tax paid on behalf of the non-resident shareholder(s).  
 Schedule A-1, Shareholder’s Share of Income, Deductions and Credits            Refer to the instructions for Delaware Schedule A-1 for reporting 
  for ALL shareholders.                                                         such amount to the non-resident shareholders.
    
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STATE OF DELAWARE
FORM 1100S
S Corporation Reconciliation and Shareholders Information Return
INSTRUCTIONS

DELAWARE SCHEDULE A-1
An S Corporation must prepare Delaware Schedule A-1, Shareholders by each shareholder. Use Column A to report resident shareholder
Share of Income, Deductions and Credits for all shareholders. One copy information and Column B to report non-resident shareholder
is to be given to each shareholder and a copy must be attached to this information. Federal Schedule K-1 cannot be used in lieu of Delaware
return. Delaware Schedule A-1 is similar to Federal Schedule K-1, with Schedule A-1 when filing the S Corporation Reconciliation and
the addition of several lines for state modifications and credits. Complete Shareholders Information Return. Delaware Schedule A-1 must be
Delaware Schedule A-1 by multiplying the respective lines on Delaware filed for each resident and non-resident shareholder of the S
Schedule A and Delaware Form 1100S by the percentage of stock owned Corporation.

DELAWARE’S CORPORATION INCOME TAX CREDITS

Title 30 of the Delaware Code authorizes eight different credits close of the taxable year preceding the date on which installation or
to be applied against Delaware income tax. The income tax credits construction of the investment commenced.
that are available are the Economic Development, Green Industries, Any S Corporation that places a qualified facility into service in a
Research and Development, Land and Historic Resource “targeted area” may be eligible for increased Delaware S Corporation
Conservation, Travelink Traffic Mitigation, Neighborhood income tax credits equal to $650 for each qualified employee hired and
Assistance Historic Property Preservation and External Defibrillator $650 for each $100,000 invested in a qualified facility.
income tax credits.
Certain income tax credits require pre-approval by other A targeted area is defined as:
Delaware agencies. See Form 700 instructions for more 1. Any real property located within Delaware that is owned by this
information.
State, any political subdivision of the State or any agency or

instrumentality of the State or its political subdivisions.
ECONOMIC DEVELOPMENT CREDIT
Any S Corporation conducting a qualified activity within Delaware 2. Any real property located within Delaware that is owned by a non-
and has placed in service a qualified new or expanded facility may be profit organization as defined by Section 501(c) of the Internal
eligible for Delaware S Corporation income tax credits equal to $400 Revenue Code.
for each qualified employee hired and $400 for each $100,000 invested 3. Any area located within Delaware that has been approved by the
in the qualified facility. The facility may also be eligible for a ten-year United States Department of Commerce as a general-purpose foreign
reduction in the Delaware gross receipts tax. The qualified new or trade zone.
expanded facility must hire 5 or more qualified employees and invest 4. Any 1980 Delaware census tracts, as defined by the United States
a minimum of $200,000 in property, plant, and equipment to be Department of Commerce, Bureau of the Census.
eligible for the credit.
Any S Corporation that places a qualified facility into service on a
qualified “brownfield” site may be eligible for Delaware S Corporation
A qualified activity is defined as: income tax credits equal to $650 for each qualified employee hired and
1. Engaging in business as a manufacturer or wholesaler. $650 for each $100,000 invested in the brownfield site. A brownfield site
2. Operation of a facility for the purpose of scientific, agricultural, is defined as a vacant or unoccupied site that has been environmentally
or industrial research. contaminated by commercial or industrial activity as verified by the
3. Administration, management or support operations of a Department of Natural Resources and Environmental Control. If the
manufacturer, wholesaler, or research facility. brownfield site is located in a targeted area, the corporation may be
4. Any activity more than 50% of whose annual gross receipts are eligible for Delaware S Corporation income tax credits equal to $900 for
derived from computer processing, data preparation, engineering each qualified employee hired and $900 for each $100,000 invested in
services, consumer credit reporting services, and wholesale sale the brownfield site.
of computer software.
5. Any activity more than 50% of whose annual gross receipts are GREEN INDUSTRIES CREDIT
derived from aviation services and employing at least 100 qualified
employees. Reductions in Waste Release - Any manufacturer that voluntarily
6. Telecommunications services which shall include the reduces by at least 20% the weight of wastes in the current year in
administration, supervision, maintenance, repair, and deployment comparison to the amount of wastes in the immediately preceding 12
of the physical infrastructure associated with telecommunications months and are reported under the Toxic Release Inventory reflected by
services. This qualified activity requires 50 qualified employees Inventory Report forms filed for the year may be eligible for Delaware S
and $750,000 in capital investment to qualify for the Economic Corporation income tax credits equal to $400 for each 10% of waste
Development Credits. reduction during the year and for each of the 4 succeeding years during
which the reduced amount of release is maintained.
A facility may be considered a qualified facility without hiring
any qualified employees if the capital investment equals the greater Any manufacturer that voluntarily reduces by at least 50% the
of $1 million or 15% of the unadjusted basis in the facility at the weight of other wastes released in the current year in comparison to the

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                                                   STATE OF DELAWARE  
                                                                  FORM 1100S 
                     S Corporation Reconciliation and Shareholders Information Return 
                                                                 INSTRUCTIONS 
 amount of wastes in the immediately preceding 12 months may be              LAND AND HISTORIC RESOURCE CONSERVATION 
 eligible for Delaware S Corporation income tax credits equal to $400 for    CREDIT 
 each 10%   of waste reduction during the year and for each of the 4           Any S Corporation may be eligible for Delaware S Corporation 
 succeeding years during which the reduced amount of release is              income tax credits equal to 40% of the fair market value of any land or 
 maintained.                                                                 interest in land located in Delaware which is conveyed for the purpose of 
  Use of Recycled Materials as Raw Materials - Any manufacturer              open space, natural resource, and/or biodiversity conservation or historic  
 who derives at least 25% by weight of its raw materials from either         preservation as an unconditional donation in perpetuity by the 
 recycled materials or materials removed from the Delaware solid waste       landowner/taxpayer to a public or private conservation agency eligible to 
 stream, satisfies the requirements of Section 2011(a) of Title 30 of the    hold such land and interest therein for conservation or preservation 
 Delaware Code and uses such materials in its qualified facility may be      purposes. 
 eligible for Delaware S Corporation income tax credits equal to $650 for       
 each qualified employee hired and $650 for each $100,000 invested in the    NEW ECONOMY JOBS CREDIT 
 qualified facility.                                                         Any qualified employer that hires and employs no fewer than 50 
  S Corporation income tax credits equal to $900 for each qualified          additional qualified employees in new eligible jobs, or no fewer than 200 
 employee hired and $900 for each $100,000 invested in the qualified         additional vital employees in new vital jobs or retains at least 200 jobs in 
 facility.                                                                   Delaware may make application for the Delaware tax credits. 
  Processing of Waste Materials - Any S Corporation who is                   An S corporation may elect Delaware New Economy Jobs Tax Credits for 
                                                                             the first certified year and for the nine taxpayer years thereafter pursuant to 
 engaged in the business of processing materials removed from the 
                                                                             the Delaware Tax Code, Title 30, Chapter 20.  These tax credits can be up to 
 Delaware solid waste stream for resale as raw materials to                  a maximum of 40% of the withholding tax paid to the State of Delaware. 
 manufacturers, satisfies the requirements of Section 2011(a) of Title 30 
 of the Delaware Code and whose qualified investment is devoted               
 entirely to the processing and resale of materials removed from the         EMPLOYER TAX CREDIT FOR HIRING INDIVIDUALS 
 Delaware solid waste stream may  be eligible for Delaware S                 WITH DISABILITIES 
 Corporation income tax credits equal to $650 for each qualified             Any employer that hires referrals from vocational rehabilitation may be 
 employee hired and $650 for each $100,000 invested in the qualified         eligible for Delaware tax credits.  The employer may elect tax credits for 
 facility.                                                                   the taxable year equal to 10% of the gross wages paid to a qualified 
                                                                             employee not to exceed $1,500 per qualified employee in the course of 
  If the qualified facility is located in a targeted area, the S 
                                                                             the employee’s sustained employment during the taxable year pursuant 
 Corporation may be eligible for Delaware S Corporation income tax 
                                                                             to the Delaware Tax Code, Title 30, Chapter 20. 
 credits equal to $900 for each qualified employee hired and $900 for 
 each $100,000 invested in the qualified facility.                               
                                                                              AUTOMATIC EXTERNAL DEFIBRILLATOR  
 RESEARCH AND DEVELOPMENT CREDIT                                              TAX CREDIT 
  The Commitment to Innovation Act (Senate Bill 200) changed the              Any business that places an automatic external defibrillator in service 
 Delaware Research and Development credit by removing the 5 million           at a business location in Delaware is entitled to a credit equal to $100 
 dollar cap in total credits that the Delaware Division of Revenue can        per unit.  
 issue, as well as making the credit refundable.                               
  Any S Corporation that incurs qualified research and development 
  expenses may be eligible for Delaware S Corporation income tax               
  credits. 
  An S Corporation may elect Delaware research and development   
 tax credits for the taxable year equal to: (1) 10% of the excess of the S 
 Corporation’s total Delaware qualified research and development 
 expenses for the taxable year over the S Corporation’s Delaware base 
 amount, or (2) 50% of Delaware’s apportioned share of the  
  
 S Corporation’s federal research and development tax credit calculated                                                                                       
 using the alternative incremental credit method under Section 41(c)(4) of 
 the Internal Revenue Code of 1986, using federal definitions and 
 methodology. Delaware’s apportioned share of the federal credit shall be 
 the amount of the alternative incremental credit the S Corporation can 
 claim under Section 41(c) (4), multiplied by a percentage equal to the 
 ratio of the S Corporation’s Delaware qualified research and development 
 expenses for the taxable year to the S Corporation’s total qualified 
 research and development expenses for the taxable year. 
 
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