Hawaii form n 20 2025

See details

4.3 out of 5

132 votes

The document is a Schedule K-1 (Form N-20) for the State of Hawaii's Department of Taxation, detailing a partner's share of income, credits, deductions, and other financial information for the tax year 2020. It includes sections for partner and partnership identification, capital account reconciliation, profit and loss sharing percentages, and various income and deduction categories relevant to Hawaii tax filings.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to quickly redact Hawaii form n 20 online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is the best editor for modifying your forms online. Follow this simple guide to edit Hawaii form n 20 in PDF format online free of charge:

Sign up and log in. Create a free account, set a strong password, and go through email verification to start managing your templates.
Add a document. Click on New Document and choose the file importing option: add Hawaii form n 20 from your device, the cloud, or a protected link.
Make changes to the sample. Utilize the top and left panel tools to change Hawaii form n 20. Add and customize text, images, and fillable areas, whiteout unnecessary details, highlight the significant ones, and comment on your updates.
Get your paperwork done. Send the sample to other individuals via email, generate a link for faster document sharing, export the sample to the cloud, or save it on your device in the current version or with Audit Trail added.

Explore all the benefits of our editor right now!

See more hawaii form n 20 versions

We've got more versions of the hawaii form n 20 form. Select the right hawaii form n 20 version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.3 Satisfied (31 Votes)
2022	4.1 Satisfied (35 Votes)
2021	4.7 Satisfied (60 Votes)
2020	4.3 Satisfied (132 Votes)
2019	4.4 Satisfied (129 Votes)
2018	4.3 Satisfied (89 Votes)
2017	4.4 Satisfied (31 Votes)
2016	4.3 Satisfied (71 Votes)
2015	4.3 Satisfied (188 Votes)
2014	4 Satisfied (45 Votes)
2013	4 Satisfied (28 Votes)
2003	4.2 Satisfied (38 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Do all partnerships need to file K 2?

Schedules K-2 and K-3, Parts II and III, must be completed unless the partnership doesnt have a direct or indirect partner eligible to claim a foreign tax credit or the direct or indirect partner wouldnt have to file a Form 1116 or 1118 to claim a credit.

What is form n=20?

You should use Form N-20 when your partnership is required to report its income to the State of Hawaii. This form is necessary for partnerships, including LLCs treated as partnerships, that have taxable income to report. 1. Partnerships Reporting Income: All partnerships must file this form to report income earned.

Who is required to file a Hawaii tax return?

Every individual doing business in Hawaii during the taxable year must file a return, whether or not the individual derives any taxable income from that business. Every individual receiving more than the allowed amounts of gross income listed below, must file a Hawaii state return.

Who must file a Hawaii partnership return?

Every partnership engaging in trade or business, or having income from sources within the State, shall file a partnership return pursuant to section 235-95, HRS, and this section, regardless of the partnerships principal place of business or the residency status of the partners.

Who doesnt need to file a state tax return?

In some cases, you may not need to file state taxes if you only lived in the state for a short time or if your income falls below a certain level. Some states follow a progressive tax rate, which means the rate increases with income, while others stick to a flat tax rate.

Who needs to file a Hawaii nonresident return?

Any person who is in Hawaiʻi for a temporary or transient purpose and whose permanent residence is not Hawaiʻi is considered a Hawaiʻi nonresident. Each year, a nonresident who earns income from Hawaiʻi sources must file a State of Hawaiʻi tax return and will be taxed only on income from Hawaiʻi sources.

What is a Schedule k1 form N-20 in Hawaii?

What is HI DoT N-20 - Schedule K-1? HI DoT N-20 - Schedule K-1 is a tax form used in Hawaii to report income, deductions, and credits for partnerships, S corporations, and LLCs that are treated as partnerships for tax purposes.

Who is required to file a partnership return?

You must file a Partnership Return of Income (Form 565) if youre: Engaged in a trade or business in California. Have income from California sources. Use a Pass-Through Entity Ownership (Schedule EO 568) to report any ownership interest in other partnerships or limited liability companies.

Hawaii form n 20 2025

Here's how it works