Hawaii Individual Income Tax
Rent from Hawaii properties are considered Hawaii source income. Therefore, owners of the Hawaii rental property are required to file Hawaii individual income tax returns, in addition to their federal and applicable state return. We assist non-resident property owners with their Hawaii income tax returns for their Hawaii rental property.
Situation: We were not aware we had to file Hawaii income taxes on our rental activity.
Our Solution: Our team of CPAs have over 45 years filing Hawaii tax returns as well as representing taxpayers through examinations. Even if you file another state of residency, you still need to file a Hawaii income tax return. We will take care of your Hawaii tax stress for you!
Situation: Our tax preparer is not familiar with HARPTA, but we received a HARPTA early refund last year. How do we report it?
Our Solution: Let us file or amend your Hawaii income tax return! We are very experienced and knowledgeable with this circumstance. We also have direct contact with a Hawaii tax department representative dealing with these situations.
Our CPAs have over 45 years successfully preparing Hawaii tax returns and representing taxpayers through Hawaii audits and examinations.
Hawaii Income Tax - Q&A
Question: Who must file Hawaii income tax returns?
Answer: Any party who engages in business in Hawaii must file Hawaii tax returns.
Question: If I rent out my Hawaii house or room in my house, does that mean I'm conducting business in Hawaii?
Answer: Yes. You must report the rental activity by filing a Hawaii income tax return, in addition to filing and paying GET and TAT, if applicable.
Question: If I rent out my house to a relative, do I still need to report it?
Answer: Yes. You need to file a Hawaii tax return each year you rented your property, with minimal exceptions.
Question: I am in the military and claim another state of residency. Do I still need to file a Hawaii tax return on my Hawaii rental property?
Answer: Yes. You will need to include your Hawaii rental activity in your federal return and a Hawaii tax return.
Question: Where can I find general information on Hawaii tax responsibilities on renting Hawaii accommodation(s)?
Answer: We are more than happy to assist you with your Hawaii rental tax filings. You can also refer to the department of taxation An Introduction to Renting Residential Real Property.