By Payroll and Entitlements Editorial Staff
Employers whose Hawaii withholding tax liability exceeds $40,000 annually, must file their returns due on or after January 1, 2020, electronically. Taxpayers may file withholding tax returns electronically by using Form HW-3, Employer’s Annual Return & Reconciliation of Hawaii Income Tax Withheld from Wages; Form HW-14, Periodic Withholding Tax Return; and Form HW-26, Application for Extension of Time for Filing Employer’s Return & Reconciliation, available online at https://hitax.hawaii.gov. The Hawaii Tax Department will impose a two-percent penalty on the amount of tax required to be shown on the return if the return is not filed electronically unless the failure is due to reasonable cause and not due to neglect. (Announcement No. 2019-11, Hawaii Department of Taxation, September 13, 2019.)
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