We received a “first estimated tax notice” from the State of Delaware that put our estimated tax at ~$105,000. We don't have any revenue yet. How can we get out of this payment?

They send you this large random number as a bill if you haven’t filed the necessary annual report.

There are two ways of calculating franchise tax. Choose the other one. Tax demand would be few hundred dollars if you choose the other approach on their website.

You can also call their offices and they can walk you through it and have the number calculated appropriately.