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Category: Hawaii
21 Articles
Orange arrow Hawaii School-Level Fund

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  If you want to contribute $2 to the Hawaii School-Level Minor Repairs and Maintenance Special Fund (or $4 if your spouse also wants to contribute and you are filing jointly), fill in the appropriate oval(s). No other amounts can be accepted. Your contribution will reduce your refund. Once made, the...
Posted in: STATES, Hawaii

Orange arrow Hawaii Subtractions From Federal AGI

713 views
  PensionsHawaii does not tax qualifying distributions from an employer-funded pension plan. If you received qualifying distributions from an employer-funded profit sharing, defined contribution, or defined benefit plan, or from a government retirement system (e.g., federal civil service, military pe...
Posted in: STATES, Hawaii

Orange arrow Hawaii Election Campaign Fund

627 views
  This fund helps to provide accountability, transparency, integrity and a level playing field for State and County candidates in Hawaii elections. If you have a tax liability of at least $3 ($6 if married and filing a joint return), you can choose to contribute to the Hawaii Election Campaign Fund. ...
Posted in: STATES, Hawaii

Orange arrow Hawaii Final Return

704 views
  If you are giving up your Hawaii residency at the end of the year, write the words “FINAL RETURN” on the top middle of the return....
Posted in: STATES, Hawaii

Orange arrow Hawaii MFS Exemption for Spouse

736 views
  If you are married filing separately, you can take your spouses exemption only if your spouse is not filing a return, had no income, and was not the dependent of someone else. If your spouse meets these qualifications, you may claim the spouse's exemption. If at the end of the taxable year, you we...
Posted in: STATES, Hawaii

Orange arrow Hawaii Total Investment Interest Expense

483 views
  Section references are to the Internal Revenue Code unless otherwise noted. Note Section 265 (with respect to the nondeductibility of expenses and interest relating to tax-exempt income) shall be operative; except that it shall not apply to expenses and interest for royalties and other income deri...
Posted in: STATES, Hawaii

Orange arrow Hawaii Underpayment Penalty

634 views
  Who Must Pay the Underpayment Penalty You may be charged a penalty if you did not pay enough estimated tax by any of the due dates or if you did not have enough Hawaii income tax withheld. This is true even if you are due a refund when you file your tax return. The penalty is figured separately for...
Posted in: STATES, Hawaii

Orange arrow Hawaii Annualized Installment Method

606 views
  If your income varied during the year because, for example, you operated your business on a seasonal basis, you may be able to lower or eliminate the amount of one or more required installments by using the annualized income installment method. If you use Schedule A for any payment due date, you m...
Posted in: STATES, Hawaii

Orange arrow Hawaii Credit for Low-Income Household Renters

680 views
  Each resident taxpayer who occupies and pays rent for real property within the State as his or her residence and who files an individual income tax return for the taxable year, including those who have no income or no income taxable under chapter 235, HRS, may claim a tax credit of $50 per qualifie...
Posted in: STATES, Hawaii

Orange arrow Hawaii Qualified Rental

522 views
  List your most recent address. Do not list any location that was partly or wholly exempt from real property tax, such as: County or State low-income housing projects. Military housing. Dormitories in schools. Residential real property owned by a nonprofit organization. Homes in which the own...
Posted in: STATES, Hawaii

Orange arrow Hawaii School-Level Fund

1147 views
  If you want to contribute $2 to the Hawaii School-Level Minor Repairs and Maintenance Special Fund (or $4 if your spouse also wants to contribute and you are filing jointly), fill in the appropriate oval(s). No other amounts can be accepted. Your contribution will reduce your refund. Once made, the...
Posted in: STATES, Hawaii

Orange arrow Hawaii Subtractions From Federal AGI

1124 views
  Pensions Hawaii does not tax qualifying distributions from an employer-funded pension plan. If you received qualifying distributions from an employer-funded profit sharing, defined contribution, or defined benefit plan, or from a government retirement system (e.g., federal civil service, military ...
Posted in: STATES, Hawaii

Orange arrow Hawaii Other Subtractions

1183 views
  Other Hawaii Subtractions From Federal AGI This line is used to report other items that are taxed by the federal government but are not taxed by Hawaii, such as: • Interest on federal obligations, including U.S. Savings Bonds. • Differences in the taxable portion of the Hawaii tax re...
Posted in: STATES, Hawaii

Orange arrow Hawaii Election Campaign Fund

995 views
  Hawaii Election Campaign Fund This fund helps to provide accountability, transparency, integrity and a level playing field for State and County candidates in Hawaii elections. If you have a tax liability of at least $3 ($6 if married and filing a joint re- Page 31 turn), you can choose to contrib...
Posted in: STATES, Hawaii

Orange arrow Hawaii Final Return

598 views
  If you are giving up your Hawaii residency at the end of the year, write the words "FINAL RETURN" in the upper left hand corner of the return. This type of return cannot be e-filed....
Posted in: STATES, Hawaii


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