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- Click ‘Get Form’ to open the state of Hawaii Form N-342 in the editor.
- Begin by entering your name and Social Security Number (SSN) or Federal Employer Identification Number (FEIN) at the top of the form.
- Provide the physical property address where the renewable energy system was installed. If claiming carryover credits, enter 'CARRYOVER' instead.
- Fill in the date when the system was installed and placed in service, unless you are claiming carryover credits.
- Complete the computation section for either solar or wind-powered systems by entering costs and calculating tax credits based on provided instructions.
- If applicable, check boxes regarding whether your system is primarily used for heating water and follow subsequent lines for calculations.
- Finally, review all entries for accuracy before saving or exporting your completed form directly from our platform.
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