What is Hawaii tax form G-49?
What is Hawaii tax form G-49?
Form G-49 is a summary of your activity for the entire year. This return must be filed in addition to Form G-45. Schedule GE (Form G-45/G-49) – If you are claiming exemptions on Forms G-45 and G-49, you must complete and attach Schedule GE (Form G-45/G-49) to Forms G-45 and G-49.
Who has to pay general excise tax in Hawaii?
Small business income, independent contractor income, income from self employment, retail income, services income, commissions, rental payments received, and many more types of income are all are subject to the excise tax.
How do I cancel my Hawaii general excise tax?
Please cancel unneeded tax licenses and certificates. You may cancel through Hawaii Tax Online or complete and mail Form GEW-TA-RV-1, Notification of Cancellation of Tax Licenses and Tax Permits. A copy of this form is available online.
Where do I mail my Hawaii Form G 49?
File your general excise and use tax returns with: Hawaii Department of Taxation P.O. Box 1425 Honolulu, HI 96806-1425. The general excise tax is a tax imposed on the gross income you receive from any business activ- ity you have in Hawaii.
Where do I mail form g49?
Mail your check or money order payable to “Hawaii State Tax Collector” in U.S. dollars and a completed Form VP-1 to:
How much is Hawaii GE tax?
4%
The tax rate is 0.15% for Insurance Commission, 0.5% for Wholesaling, Manufacturing, Producing, Wholesale Services, and Use Tax on Imports For Resale, and 4% for all others.
What is a Hawaii GE tax License?
Fee. General Excise Tax License. Anyone who receives income from conducting business activities in the State of Hawaii including, but not limited to: wholesaling, retailing, farming, services, construction contracting, rental of personal or real property, business interest income, and royalties.
Are grants subject to Hawaii general excise tax?
GENERAL EXCISE TAX TREATMENT The general rule is that amounts received by a business that replace income are subject to GET. Thus, grants or other payments that replace or supplement income are normally subject to GET.
How to file and pay sales tax in Hawaii?
– General Excise Tax, Seller’s Collection, Use Tax, and County Surcharge – Rental Motor Vehicle, Tour Vehicle, and Car-Sharing Vehicle Surcharge – Transient Accommodations Tax – Corporate Income Tax – Franchise Tax – Public Service Company Tax – Withholding Tax, third party access
What is the tax form for Hawaii?
tax must file Form G-45 for each month in which use tax is collected from their Hawaii customers; quarterly and semiannual filings are not permit-ted. A return does not need to be filed for those months in which no use tax is collected. If you are required to have a GET license but fail to obtain one or you fail to file Form G-49 within 12
How to get a Hawaii general excise tax (get) license?
Federal Employer Identification Number (FEIN) from the IRS,or owner’s Social Security Number if a sole proprietorship with no employees
Is Hawaii general excise tax deductible?
Is Hawaii General Excise Tax Deductible? On schedule A of form 1040, the Hawaii general excise tax can be deducted as state and local sales taxes for federal income tax purposes. Remember that you can only deduct one of the following: state income taxes paid or sales tax paid (in our case, general excise tax).