The Hawaii G 45 form is a tax return document used by businesses in Hawaii to report their general excise and use taxes. This form allows businesses to declare their gross income, exemptions, and deductions, ultimately calculating the taxes owed to the state. Proper completion of the G 45 form is essential for compliance with Hawaii's tax laws and helps ensure that businesses meet their tax obligations accurately and on time.
Filing taxes can often feel overwhelming, especially when it comes to understanding the various forms required by state regulations. In Hawaii, the G-45 form is essential for businesses to report their General Excise and Use Taxes. This form is primarily used by entities engaged in activities like retailing, wholesaling, and providing services, allowing them to declare their taxable income and calculate the taxes owed. It includes sections for reporting gross proceeds, exemptions, and deductions, ensuring that businesses accurately reflect their financial activities for the reporting period. Additionally, the G-45 form requires a declaration of truthfulness, emphasizing the importance of honesty in tax reporting. Whether you’re a small business owner or part of a larger corporation, navigating the G-45 can be a straightforward process with the right information and guidance.
Filling out the Hawaii G-45 form can be straightforward, but many people make common mistakes that can lead to issues down the line. One significant error is failing to provide the correct Hawaii Tax I.D. No.. This number is essential for identifying your business with the state. Double-check that the number is accurate and corresponds with your official documentation. An incorrect number can delay processing and lead to complications with your tax obligations.
Another frequent mistake is neglecting to complete the SCHEDULE OF ASSIGNMENT OF TAXES BY DISTRICT. All taxpayers must fill out this section, and skipping it can result in a 10% penalty. Make sure to mark the appropriate taxation district where you conducted business. If you operated in multiple districts, don't forget to indicate that and attach Form G-75. This step is crucial for compliance.
People also often miscalculate their TOTAL TAXES DUE. It’s easy to make errors in the math, especially when summing the various parts of the form. Take your time to ensure that the totals from Parts I through IV are accurate. Incorrect calculations can lead to underpayment or overpayment, both of which can have financial implications.
Lastly, many overlook the declaration section at the end of the form. This section requires a signature from an authorized person, whether it’s an officer, partner, or member. Failing to sign can render the return invalid. Make sure to sign and date the form before submission to avoid unnecessary delays or issues with your filing.
FORM G-45
(Rev. 2008)
WEB FILL
STATE OF HAWAII — DEPARTMENT OF TAXATION
DO NOT WRITE IN THIS AREA
10
GENERAL EXCISE/USE
TAX RETURN
GBF081
Place an X in this box ONLY if this is an AMENDED return
Month Quarter Semiannual
•ATTACHCHECKORMONEYORDERHERE•
PERIOD ENDING (MM/YY)
NAME:
You are receiving this
prin
tout be
cause you used the
Adobe Reader print function (File-Print)
HAWAII TAX I.D. NO. W
-
to print the G-45 fillable form.
Last 4 digits of your FEIN or SSN
Column a
Column b
Column c
To print the G-45 fillable form you must instead click on the blue PRINT FORM button.
BUSINESS
VALUES, GROSS PROCEEDS
EXEMPTIONS/DEDUCTIONS
TAXABLE INCOME
ACTIVITIES
OR GROSS INCOME
(Attach Schedule GE)
(Column a minus Column b)
This button is located at the top right of page 1.
PART I - GENERAL EXCISE and USE TAXES @ ½ OF Thank1% (.005)you
1. Wholesaling
2. Manufacturing
3. Producing
4. Wholesale Services
5.Use Tax on Imports For Resale
6.Business Activities of Disabled Persons
7. Sum of Part I, Column c (Taxable Income) — Enter the result here and on Page 2, line 21, Column (a)
PART II - GENERAL EXCISE and USE TAXES @ 4% (.04)
8. Retailing
9.Services Including Professional
10. Contracting
11.Theater, Amusement and Broadcasting
12. Commissions
13.Transient Accommodations Rentals
14. Other Rentals
15.Interest and All Others
16.Use Tax on Imports For Consumption
17. Sum of Part II, Column c (Taxable Income) — Enter the result here and on Page 2, line 22, Column (a)
DECLARATION - I declare, under the penalties set forth in section 231-36, HRS, that this return (including any accompanying schedules or statements) has been examined by me and, to the best of my knowledge and belief, is a true, correct, and complete return, made in good faith for the tax period stated, pursuant to the General Excise and Use Tax Laws, and the rules issued thereunder.
IN THE CASE OF A CORPORATION OR PARTNERSHIP, THIS RETURN MUST BE SIGNED BY AN OFFICER, PARTNER OR MEMBER, OR DULY AUTHORIZED AGENT.
SIGNATURE
TITLE
DATE
ä
Continued on Page 2 — Parts V & VI MUST be completed Form G-45 10
FORM G-45 Page 2 of 2
GBF082
WEB
FILL
Name:
Hawaii Tax I.D. No. W -
Period Ending -
PART III - INSURANCE COMMISSIONS @ .15% (.0015)
18.Insurance Commissions
Enter this amount on line 23, Column (a)
PART IV - CITY & COUNTY OF HONOLULU SURCHARGE TAX @ ½ OF 1% (.005)
19. Oahu Surcharge Enter this amount on line 24, Column (a)
PART V — SCHEDULE OF ASSIGNMENT OF TAXES BY DISTRICT (ALL taxpayers MUST complete this Part and may be subject to a 10% penalty for noncompliance.) See Instructions. Place an X in the box of the taxation district in which you have conducted business. IF you did business in MORE THAN ONE district, place an X in the box for “MULTI” and attach Form G-75.
20.
Oahu
Maui
Hawaii
Kauai
MULTI
PART VI - TOTAL PERIODIC RETURN
TAX RATE
TOTAL TAX
Column (a)
Column (b)
Column (c) = Column (a) X Column (b)
21.
Enter the amount from Part I, line 7
$
.00
x
.005
=
______________________
22.
Enter the amount from Part II, line 17
....................
.04
_
_____________________
23.
Enter the amount from Part III line 18, Column c ...
x .0015
24.
Enter the amount from Part IV, line 19, Column c ..
25. TOTAL TAXES DUE. Add column (c) of lines 21 through 24 and enter result here. If you
did not have any activity for the period, enter “0.00” here
25.
26.
Amounts Assessed During the Period
PENALTY $
INTEREST $
(For Amended Return ONLY)
27.
TOTAL AMOUNT. Add lines 25 and 26
28.
TOTAL PAYMENTS MADE FOR THE PERIOD (For Amended Return ONLY)
29.
CREDIT TO BE REFUNDED. Line 28 minus line 27 (For Amended Return ONLY)
30.
ADDITIONAL TAXES DUE. Line 27 minus line 28 (For Amended Return ONLY)
FOR LATE FILING ONLY
31.
32.
TOTAL AMOUNT DUE AND PAYABLE (Original Returns, add lines 27 and 31;
Amended Returns, add lines 30 and 31)
33.PLEASE ENTER THE AMOUNT OF YOUR PAYMENT. Attach a check or money order payable to “HAWAII STATE TAX COLLECTOR” in U.S. dollars to Form G-45. Write “GE”, the filing period, and your Hawaii Tax I.D. No. on your check or money order. Mail to: HAWAII DEPARTMENT OF TAXATION, P. O. BOX 1425, HONOLULU, HI 96806-1425 or file and pay electronically at www.ehawaii.gov/efile
If you are NOT submitting a payment with this return, please enter “0.00” here
33.
34.GRAND TOTAL OF EXEMPTIONS/DEDUCTIONS CLAIMED.
(Attach Schedule GE) If Schedule GE is not attached, exemptions/deductions
34.
claimed will be disallowed
0.00
ID No 99
Form G-45
Form G-49: This form is used for filing an annual general excise tax return in Hawaii. Like the G-45, it reports business income and deductions but is filed annually instead of quarterly or semiannually.
Form G-75: This form is for reporting general excise tax by district. Similar to the G-45, it requires details about business activities and tax obligations but focuses on the location of the business operations.
Form G-50: This is a general excise tax exemption application. It is similar to the G-45 in that it addresses tax obligations, but it specifically seeks to claim exemptions rather than report taxable income.
Form N-11: This is the individual income tax return for residents of Hawaii. While the G-45 focuses on business taxes, both forms require detailed financial information and are part of the overall tax compliance process.
Form N-15: This is a non-resident income tax return. Like the G-45, it involves reporting income and calculating tax liabilities, but it is tailored for individuals who do not reside in Hawaii.
Hawaii Form N-11 - This form requires all filers to verify their Social Security numbers for accuracy to prevent processing issues.
Ono Hawaiian Bbq Jobs - Provide the contact phone number of your emergency contact.
This document serves as a crucial tool for those who need a reliable resource when dealing with the legalities of transactions involving all-terrain vehicles. For a complete understanding, consider this valuable guide to the Arizona ATV Bill of Sale form.
Hawaii Harpta - Any required disclosures must be made by the seller to avoid complications.