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How do I get Hawaii tax forms?

To request a form by mail or fax, you may call our Taxpayer Services Form Request Line at 808-587-4242 or toll-free 1-800-222-3229.

Where can I get Hawaii state tax forms?

Hawaii state tax forms and reproduction specifications are available on the Federation of Tax Administrators (FTA) Secure Exchange System (SES) website. The SES website is a secure way to provide files to those that reproduce our forms.

What are two methods of avoiding the estate tax?

How to Avoid the Estate Tax Give gifts to family. Set up an irrevocable life insurance trust. Make charitable donations. Establish a family limited partnership. Fund a qualified personal residence trust.

Can I get tax forms at my local post office?

A) Yes, you may visit a local IRS office or a post office or library that carries tax forms. You may also use computers that are often available for use in libraries to access IRS.gov to download needed forms.

What is the Hawaii estate tax exemption?

In Hawaii, the first $5.49 million of the estate is not taxed. On the portion that exceeds $5.49 million, the estate tax rate ranges from 10% to 20%. (Compare these rates to the current federal estate tax rate of 40%.)

hawaii form m

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Do beneficiaries pay taxes on inherited money?

Inheritances are not considered income for federal tax purposes, whether you inherit cash, investments or property. However, any subsequent earnings on the inherited assets are taxable, unless it comes from a tax-free source.

How to avoid Hawaii estate tax?

To avoid Hawaii estate tax, set up an irrevocable life insurance trust to pay for the taxes. You can use this trust to pay your tax. An irrevocable life insurance trust will not count as part of your estate, so it will bypass probate. Another benefit is that your heirs will not have to deal with the probate process.

Where can I get federal state and local tax forms?

Get the current filing years forms, instructions, and publications for free from the Internal Revenue Service (IRS). Download them from IRS.gov. Order by phone at 1-800-TAX-FORM (1-800-829-3676)

How does inheritance tax work in Hawaii?

Hawaii Inheritance Tax Hawaii does not levy an inheritance tax. Inheritance laws in other states may apply to you, however, if you receive an inheritance from someone who lives there. Kentucky, for instance, applies its inheritance tax to all property inside the state, even if the inheritor is living out of state.

How do I avoid inheritance tax in Hawaii?

To avoid Hawaii estate tax, set up an irrevocable life insurance trust to pay for the taxes. You can use this trust to pay your tax. An irrevocable life insurance trust will not count as part of your estate, so it will bypass probate. Another benefit is that your heirs will not have to deal with the probate process.

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