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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. If you are claiming carryover credits, leave this blank.
- Complete the computation section by entering your total cost for the qualified solar or wind-powered energy system, deducting any consumer incentives received.
- Follow through each line carefully, ensuring you answer questions regarding usage and property type accurately to determine your tax credit eligibility.
- Once all fields are filled, review your entries for accuracy before saving or submitting your completed form directly from our platform.
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