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How Do I Avoid HARPTA Taxes? N-289 Exemption \u2013 You may qualify for an exemption from HARPTA withholdings by filing Form N-289 before selling your property. ... N-288C Refund of Withholding \u2013 Instead of having to wait until tax season, you may be able to file Form N-288C to receive a refund within four to six weeks.
General Instructions Purpose of Form. Use Form N-288C to apply for a refund of the amount withheld on dispositions by nonresident persons of Hawaii real property interests which is in excess of the transferor/ seller's tax liability for the transaction.
HARPTA is a Hawaii state tax law which requires withholding 7.25% from the proceeds of certain real estate transactions if the seller is not a resident of Hawaii.
The amount collected under the HARPTA law is 7.25% of the sales price. What is the actual Hawaii capital gains tax? The Hawaii capital gains tax on real estate is 7.25%.
Are tax forms available at my local Post Office®? No, Post Offices do not have tax forms available for customers. However, you can view, download, and print specific tax forms and publications at the "Forms, Instructions & Publications" page of the IRS website. You may also acquire tax forms through the mail.
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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.
Use Form N-289 to inform the transferee/buyer that the withholding of tax is not required upon the disposition of Hawaii real property if (1) the transferor/seller is a resident person, (2) by reason of a nonrecognition provision of the Internal Revenue Code as operative under chapter 235, HRS, or the provisions of any ...
HARPTA is an acronym for \u201cHawaii Real Property Tax Act\u201d. This is a Hawaii State law that requires a withholding of 7.25% of the sales price. (UPDATED! increased from 5% as of 2018) 7.25% of the sales price, not 7.25% of the gains realized.
1 What is HARPTA? Under HARPTA (section 235-68, Hawaii Revised Statutes (HRS)), every buyer is required to withhold and pay to the Department of Taxation (Department) 7.25% of the amount realized on the disposition of Hawaii real property.
HARPTA is an acronym for \u201cHawaii Real Property Tax Act\u201d. This is a Hawaii State law that requires a withholding of 7.25% of the sales price. (UPDATED! increased from 5% as of 2018) 7.25% of the sales price, not 7.25% of the gains realized.

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