Do You Need to File a Hawaii State Tax Return?

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Do I need to file a Hawaii state tax return?
Each year, a nonresident who earns income from Hawai?i sources must file a State of Hawai?i tax return and will be taxed only on income from Hawai?i sources. If the person has not received taxable income from a Hawai?i source during the past calendar year, a state tax return does not need to be filed.
Read more on manoa.hawaii.edu

One of the most stunning and unique states in the union is Hawaii. It is still a state, though, where people must file tax returns. It’s critical to understand whether you must submit a Hawaii state tax return if you reside in Hawaii. What you should know is as follows. For Whom Must a Hawaii Tax Return Be Filed?

If your gross income is $1,050 or more and you live in Hawaii, you must file a tax return. The threshold rises to $2,100 if you’re married and filing jointly. A personal exemption of $1,144 can also be claimed if you’re unmarried and under 65 years old. A married couple filing jointly is entitled to a personal exemption of $2,288.

Which Forms of Income Are Taxable in Hawaii?

In Hawaii, the majority of income kinds, including wages, salaries, tips, and commissions, are subject to taxation. Taxes must also be paid on capital gains, dividends, and interest. You must pay taxes on your net income if you are self-employed. Hawaii taxes pensions and annuities but does not tax Social Security benefits or retirement income.

What are the tax brackets for 2021?

Hawaii will have eight tax levels in 2021, with rates ranging from 1.4% to 11%. Tax rates are determined by your income and filing status. Here are the Hawaii resident tax brackets for 2021:

– For single filers making up to $2,400 a year: 1.4%

– Single filers making $2,401 to $4,800 a year: 3.2% Income between $4,801 and $9,600 for single filers is taxed at a rate of 5.5%; income between $9,601 and $14,400 is taxed at 6.4%; and income between $14,401 and $19,200 is taxed at 6.8%. Income between $19,201 and $24,000 for single filers: 7.2% – For single filers making between $24,001 and $36,000, 7.6% – For single filers making more than $36,000, 11%

Where Should I Send My 2019 Hawaii State Tax Return?

You must mail your paper return to the Hawaii Department of Taxation if you’re filing one. Your home address will depend on where you reside:

– Oahu: Honolulu, Hawaii 96806-1530, PO Box 1530 – PO Box 110, Kahului, Hawaii 96733-0110 for Maui, Molokai, and Lanai Hawaii, Kauai, and out-of-state addresses should be sent to PO Box 3827, Honolulu, Hawaii, 96812-3827. In conclusion, you must submit a Hawaii state tax return if you live in Hawaii and earn $1,050 or more in a year. In Hawaii, the majority of income is taxable, and there are eight different tax bands in effect for 2021. Make sure to mail your paper return to the appropriate address based on where you live if you’re filing it on paper.

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