Fill Your G 45 Hawaii Form Open Editor

Fill Your G 45 Hawaii Form

The G-45 Hawaii form is a tax document used by businesses to report general excise and use taxes in the state of Hawaii. This form includes a schedule for claiming exemptions and deductions that can significantly impact a business's tax liability. Completing the G-45 accurately is essential, as failure to attach the necessary schedule may result in disallowance of claimed exemptions and additional taxes assessed.

Open Editor
Content Overview

The G-45 Hawaii form is an essential tool for businesses operating in Hawaii, allowing them to report general excise and use taxes effectively. This form not only facilitates the calculation of taxes owed but also enables taxpayers to claim various exemptions and deductions that can significantly reduce their tax liability. It consists of multiple sections, each targeting specific types of exemptions, such as those related to air pollution control facilities, out-of-state services, and affordable housing. Businesses must complete and attach this form to their periodic and annual tax returns, specifically Forms G-45 and G-49. Failure to do so will result in the disallowance of claimed exemptions, leading to potential additional taxes. As such, understanding the nuances of the G-45 form is critical for compliance and tax optimization. Taxpayers are encouraged to familiarize themselves with the detailed instructions and the various exemptions available, ensuring they maximize their benefits while adhering to Hawaii's tax regulations.

Common mistakes

Filling out the G-45 Hawaii form can be a complex task, and many individuals make mistakes that can lead to complications. One common error is failing to attach the required Schedule GE. This schedule is crucial for claiming exemptions and deductions. If it is not attached to the G-45 and G-49 forms, the exemptions will be disallowed, resulting in additional taxes. Always ensure that this schedule is included to avoid unnecessary penalties.

Another frequent mistake involves incorrect amounts being entered in the exemptions and deductions sections. When individuals check a box for an exemption, they must enter the corresponding amount in the space provided. Omitting this information or entering an incorrect figure can lead to delays in processing and potential audits. Double-checking these amounts before submission is essential for a smooth filing process.

Many people also overlook the importance of including the correct Hawaii Tax I.D. number. This number is vital for identifying the taxpayer and ensuring that the submitted forms are processed correctly. Errors in this number can lead to confusion and may even result in the rejection of the forms. Always verify that the Tax I.D. number is accurate before submitting the G-45.

Lastly, some filers forget to review the specific requirements for each exemption or deduction they claim. Each item has specific criteria outlined in the Hawaii Revised Statutes. Failing to understand these requirements can lead to claiming ineligible deductions, which may result in penalties. Thoroughly reviewing the instructions and ensuring compliance with all requirements can prevent these issues.

Document Sample

SCHEDULE GE

STATE OF HAWAII — DEPARTMENT OF TAXATION

(FORM G-45/G-49)

GENERAL EXCISE/USE TAX

(REV. 2013)

SCHEDULE OF EXEMPTIONS AND DEDUCTIONS

 

 

(ATTACH THIS SCHEDULE TO FORMS G-45 AND G-49)

 

FOR PERIOD ENDING __ __ / __ __ (MM/YY) OR TAX YEAR ENDING __ __ / __ __ / __ __ (MM/DD/YY)

(NOTE ALL SECTION REFERENCES ARE TO THE HAWAII REVISED STATUTES UNLESS OTHERWISE NOTED)

HAWAII TAX I.D. NO. W __ __ __ __ __ __ __ __ — __ __

NAME:

If you are claiming exemptions/deductions on your periodic and annual general excise/use tax return (Forms G-45 and G-49), complete and attach this form to your tax return. If you do not attach this form to your Forms G-45 and G-49, then your exemptions/deductions will be disallowed and additional taxes assessed. For more information on the exemptions/deductions, see the schedules of exemptions and deductions found in the General Instructions for Filing the General Excise/Use Tax Returns. Note: Most ordinary business expenses are NOT DEDUCTIBLE (e.g. materials, supplies, etc.) on your general excise/use tax return.

SECTION I GENERAL EXCISE/USE TAX EXEMPTIONS/DEDUCTIONS CLAIMED IN PART I, COLUMN B, OF FORMS G-45 AND G-49

(General Excise and Use Taxes @ 1/2 of 1 % (.005)) Check the box of the applicable General Excise/Use tax exemptions/deductions you are claiming on Forms G-45 and G-49. Enter the applicable amount claimed for each box checked. If more space is needed, attach a statement attach a statement which includes the Hawaii Revised Statutes section and amount claimed for each section.

Air Pollution Control Facilities

 

Out of State Services or Contracting to

 

 

 

 

(§§237-27.5, 238-3(k))

$ __________________

Foreign Customers (§238-2.3(1)(C))

 

$

__________________

Bad Debts (§237-3(b))

$ __________________

Petroleum Refining (§237-27)

 

$

__________________

Disability Provisions (§237-24(13))

$ __________________

Producers (Certain property used) (§238-4)

 

$

__________________

Discounts and Returned

 

Taxes Passed On (§§237-24(8), 237-24(9),

 

Merchandise (§237-3(b))

$ __________________

237-24(10), 237-24(12)) (CAUTION, SEE

 

 

 

 

Enterprise Zones (§209E-11)

$ __________________

FORMS G-45/G-49 INSTRUCTIONS.)

 

$

__________________

Exported Services (§237-29.53)

$ __________________

Wholesale Transactions (Sales of tangible property

$

 

 *Federally Preempted Amounts

 

imported for further resale at 1/2%) (§237-29.55) ...

______________________

 

Other:

 

 

 

 

 

(§§237-22, 238-3(a))

$ __________________

 

 

 

 

 

Out of State Sales (§237-29.5(1))

$ __________________

HRS §

 

 

 

$

__________________

 

 

 

1. SECTION I TOTAL - Add the amounts from Section I. Enter the result here and on line 5 in Section V

$

__________________

SECTION II GENERAL EXCISE/USE TAX EXEMPTIONS/DEDUCTIONS CLAIMED IN PART II, COLUMN B, OF FORMS G-45 AND G-49 (Continued on page 2)

(General Excise and Use Taxes @ 4 % (.04)) Check the box of the applicable General Excise/Use tax exemptions/deductions you are claiming on Forms G-45 and G-49. Enter the applicable amount claimed for each box checked. If more space is needed, attach a statement which includes the Hawaii Revised Statutes section and amount claimed for each section.

Affordable Housing (§§46-15.1, 201H-36

 

Hawaii Convention Center Operator

 

 

237-29, 238-3(j))

$ __________________

(§237-24.75(2))

$

__________________

 

 

Air Pollution Control Facilities (§§237-27.5, 238-3(k)) ...

$ ______________________

Hotel Operator/Suboperator (§237-24.7(1))

$

______________________

Aircraft Leasing (§§237-24.3(11), 238-1)...

$ __________________

Insurance Proceeds Received Because

 

 

Aircraft Service and Maintenance Facility

 

of a Natural Disaster (§237-24.7(6))

$

__________________

(§§237-24.9, 238-1)

$ __________________

Intercompany Charges (§237-23.5(a))

$

__________________

Bad Debts (§237-3(b))

$ __________________

Labor Organizations (§237-24.3(9))

$

__________________

Certain Convention, Conference and

 

Leases and Subleases of Real Property

 

 

Trade Show (§237-16.8)

$ __________________

(§237-16.5)

$

__________________

 

 

Common Paymaster Exemption (§237-23.5(b))

$ ______________________

Maintenance Fees (§§237-24.3(2), 237-24(16))

$

______________________

Contracting Activity in an Enterprise Zone (§209E-11)..

$ ______________________

Mass Transit (§237-24.7(2))

$

__________________

Diplomats and Consular Officials

 

Merchants’ Association Dues (§237-24.3(8))

$

______________________

(§§237-24.3(10), 238-1)

$ __________________

Non-profit Organizations (§237-23)

$

__________________

Discounts and Returned Merchandise (§237-3(b))

$ ______________________

Orchard Operator (§237-24.7(4))

$

__________________

Drugs and Prosthetic Devices (§237-24.3(6))

$ __________________

Out of State Sales (§237-29.5(1))

$

__________________

Employee Benefit Plans (§237-24.3(4))

$ __________________

Potable Water (§237-23(a)(7))

$

__________________

Enterprise Zones (§209E-11)

$ __________________

Professional Employer Organizations

 

 

Exported Services (§237-29.53)

$ __________________

 

 

(§237-24.75(3))

$

__________________

Federal Cost-Plus Contractors (§237-13(3)(C))

$ ______________________

Producers (Certain property used (§238-4))

$

__________________

 *Federally Preempted Amounts

 

Real Estate Sales (§237-3(b))

$

__________________

(§§237-22, 238-3(a))

$ __________________

Reimbursement of Payroll Costs (§237-24.7(9)) .....$

______________________

Food Stamps and WIC (§237-24.3(5))

$ __________________

Sales to Federal Government and

 

 

Foreign Trade Zone Sales (§212-8)

$ __________________

 

 

Credit Unions (§237-25(a))

$

__________________

 

 

 

*Additional information is required to claim these exemptions, complete Sections VI and VII on page 2.

 

SCHEDULE GE

 

(Continued on back)

 

 

(FORM G-45/G-49)

SCHEDULE GE (FORM G-45/G-49) (REV. 2013)

Name

PAGE 2

Hawaii Tax I.D. Number

Period Ending (MM/YY) or

 

Tax Year Ending (MM/DD/YY)

 

 

SECTION II GENERAL EXCISE/USE TAX EXEMPTIONS/DEDUCTIONS CLAIMED IN PART II, COLUMN B, OF FORMS G-45 AND G-49 (Continued from page 1)

Scientific Contracts (§§237-26, 238-3(j)) ...

$ __________________

 *Subcontract Deduction (§237-13(3)(B))...

$

__________________

Services Related to Ships and Aircraft

 

Sugar Cane Payments to Independent

 

 

 

(§237-24.3(3))

$ __________________

Producers (§237-24(14))

$

__________________

Shipbuilding and Ship Repairs (§237-28.1) ..

$ __________________

Taxes Passed On (§§237-24(8), 237-24(9),

 

 

 

Shipping and Handling of Agricultural

 

237-24(10), 237-24(11), 237-24(12), 237-24.3(7),

 

 

 

237-24.7(3)) (CAUTION, SEE FORMS G-45/G-49 INSTR.) $

______________________

Commodities (§237-24.3(1))

$ __________________

 

 

 

 

 

 

Small Business Innovation Research

 

TRICARE (§237-24(17))

$

__________________

 

Wholesale Amusements (§237-4(a)(13))...

$

__________________

Grants (§237-24.7(10))

$ __________________

Stock Exchange Transactions (§237-24.5).$ __________________

Other:

 

 

 

 

 

 

 

 

 

 

HRS §

 

 

$

__________________

2. SECTION II TOTAL - Add the amounts from Section II. Enter the result here and on line 6 in Section V

$

__________________

SECTION III GENERAL EXCISE/USE TAX EXEMPTIONS/DEDUCTIONS CLAIMED IN PART III, COLUMN B, OF FORMS G-45 AND G-49

(Insurance Commissions taxed @ .15% (.0015)) Check the box of the applicable General Excise/Use tax exemptions/deductions you are claiming on Forms G-45 and G-49. Enter the applicable amount claimed for each box checked.

Bad Debts (§237-3(b))

$ __________________

Other:

 

 

 

 

 

 

 

 

HRS §

 

 

$

__________________

3. SECTION III TOTAL - Add the amounts from Section III. Enter the result here and on line 7 in Section V

$

__________________

 

 

SECTION IV

COUNTY SURCHARGE EXEMPTIONS/DEDUCTIONS CLAIMED IN PART IV, COLUMN B, OF FORMS G-45 AND G-49

(City and County of Honolulu Surcharge Tax @ 1/2 of 1% (.005)) Select the County Surcharge Tax exemptions/deductions that you are claiming. Enter the total amount claimed for each exemption/deduction.

 

Certain Contracts Entered into Before

 

Subleases of Real Property (§237-16.5) ...

$

__________________

 

6/30/2006 (§237-8.6(c))

$ __________________

Wholesale Amusements (§237-4(a)(13))

$

__________________

 

Certain Oahu Sales (§237-8.6)

 

 

$ __________________

 

 

 

 

4.

SECTION IV TOTAL - Add the amounts from Section IV. Enter the result here and on line 8 in Section V

$

__________________

 

 

 

 

 

 

 

SECTION V

TOTAL EXEMPTIONS/DEDUCTIONS CLAIMED ON FORMS G-45 AND G-49

 

 

 

5.

Section I Total - Enter the amount from Section I, line 1

 

$

__________________

6.

Section II Total - Enter the amount from Section II, line 2

 

$

__________________

7.

Section III Total - Enter the amount from Section III, line 3

 

$

__________________

8.

Section IV Total - Enter the amount from Section IV, line 4

 

$

__________________

9.

GRAND TOTAL. Add lines 5 through 8 and enter the result on this line and on Form G-45, line 34

 

 

 

 

or Form G-49, line 36

 

$

__________________

 

 

 

 

 

 

 

SECTION VI

ADDITIONAL INFORMATION REQUIRED FOR FEDERALLY PREEMPTED AMOUNTS CLAIMED

 

 

 

If the amount claimed is exempt due to federal preemption, provide an explanation of the exemption and the federal statute (i.e., title and section of the United States Code) under which the exemption is being claimed (If more space is needed, attach a statement):

SECTION VII

ADDITIONAL INFORMATION REQUIRED FOR SUBCONTRACT DEDUCTIONS AMOUNTS CLAIMED

If you are claiming an deduction for payments made to a subcontractor or a specialty contractor, complete the required information below:

(If more space is needed, attach a statement. Include the total subcontract deductions claimed from any attachments in the total line below.)

SUBCONTRACTOR’S NAME AND/OR DBA NAME

SUBCONTRACTOR’S HAWAII TAX I.D. NO.

AMOUNT OF DEDUCTION

TOTAL SUBCONTRACT DEDUCTIONS CLAIMED

$

*Additional information is required to claim these exemptions, complete Sections VI and VII.

SCHEDULE GE (Form G-45/G-49)

Similar forms

  • Form G-49: This form is used alongside G-45 for annual general excise/use tax returns. Both forms require similar information regarding exemptions and deductions claimed during the tax year.
  • Form 1040: The individual income tax return allows taxpayers to report income, claim deductions, and calculate tax liability. Like G-45, it requires documentation of claimed deductions to ensure compliance with tax regulations.
  • Form 1120: This is the U.S. Corporation Income Tax Return. Corporations must report income and deductions, similar to how businesses report exemptions on the G-45 form.
  • Form 1065: Used by partnerships to report income, deductions, gains, and losses. This form also requires detailed records of claimed deductions, akin to the G-45’s requirement for documenting exemptions.
  • Form W-2: Employers use this form to report wages paid and taxes withheld for employees. Like G-45, it necessitates accurate reporting to avoid tax penalties.
  • Affidavit of Service Form: Essential for legal procedures, the guide to completing an Affidavit of Service ensures proper notification of involved parties in legal proceedings.
  • Form 1099: This form is used to report various types of income other than wages. Similar to G-45, it requires the reporting of specific amounts and categories to ensure proper tax treatment.
  • Form 990: Nonprofit organizations use this form to report financial information, including revenues and expenses. It parallels G-45 in its requirement for transparency regarding claimed deductions.
  • Form SS-4: This form is an application for an Employer Identification Number (EIN). Businesses must complete this form to properly report taxes, similar to the G-45's role in reporting exemptions.
  • Form 941: Employers use this form to report income taxes, Social Security tax, and Medicare tax withheld from employee paychecks. It requires accurate reporting of deductions, much like the G-45.