Fill Your Hawaii Hw 14 Form Open Editor

Fill Your Hawaii Hw 14 Form

The Hawaii HW-14 form is a tax return used for reporting withholding taxes in the state of Hawaii. This form must be filed by employers on or before the 15th day of the month following the end of each calendar quarter. Timely submission is crucial to avoid penalties and ensure compliance with state tax regulations.

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Content Overview

The Hawaii HW-14 form serves as an essential document for employers in Hawaii, specifically designed for reporting withholding tax on wages paid to employees. This quarterly tax return must be submitted by the 15th day of the month following the end of each calendar quarter, ensuring that the state receives timely updates on tax withholdings. Employers are required to provide their Hawaii Tax I.D. number and, if applicable, indicate if this is their final return, signaling the cancellation of their withholding account. The form includes several key sections, such as the total wages paid, the total Hawaii income tax withheld, and any payments made during the quarter. Additionally, it addresses potential credits and additional taxes due, along with penalties for late filing. Completing this form accurately is crucial, as it not only reflects compliance with Hawaii’s tax laws but also ensures that any payments or refunds are processed correctly. Employers must attach their payment, if applicable, and can opt for electronic payment methods as well. Understanding the nuances of the HW-14 form can help employers navigate their tax obligations smoothly and avoid unnecessary penalties.

Common mistakes

Filling out the Hawaii HW-14 form can be straightforward, but there are common mistakes that individuals often make. One frequent error occurs when people forget to include their Hawaii Tax I.D. number. This number is crucial for the tax department to identify your account and process your return accurately. Without it, your submission may be delayed or even rejected, leading to unnecessary complications.

Another common mistake is failing to report all wages paid accurately. Some filers mistakenly leave out additional compensation such as Cost of Living Adjustments (COLA) or third-party sick leave. It's important to include all forms of wages to ensure that the total is correct. If this figure is understated, it could lead to issues with tax calculations and potential penalties.

Many individuals also overlook the payment section of the form. When calculating the total amount due, it’s essential to ensure that all applicable lines are filled out correctly. For instance, if the total Hawaii income tax withheld is greater than the total payments made, it’s crucial to skip to the correct line to determine the amount of credit to be refunded. Miscalculating this could result in an incorrect payment amount, leading to further complications.

Lastly, some filers neglect to attach their payment when submitting the form. This oversight can lead to additional penalties and interest charges. Always double-check that a check or money order is included, made out to “HAWAII STATE TAX COLLECTOR,” and that it clearly indicates the filing period and your Hawaii Tax I.D. number. If no payment is attached, entering “0.00” is necessary to avoid confusion.

Document Sample

FORM HW-14

 

 

 

 

(Rev. 2019)

 

STATE OF HAWAII

 

 

 

 

DEPARTMENT OF TAXATION

 

 

WITHHOLDING TAX RETURN

 

AMENDED return

 

 

 

 

 

 

 

 

Y Y Y Y

Quarter Ending

Mar

Jun

Sep

Dec

HAWAII TAX I.D. NO.

 

WH

 

 

Last 4 digits of your FEIN

 

 

 

 

NAME: ______________________________________________________________________

This return must be filed on or before the 15th day of the month following the close of the calendar quarter.

• ATTACH CHECK OR MONEY ORDER •

Fill in this oval if this is your FINAL return and you are cancelling this withholding account as of

1.

TOTAL WAGES PAID (include COLA, 3rd party sick leave, and other benefits) Enter “0” if no wages

 

 

were paid or no tax withheld

1

2.

TOTAL HAWAII INCOME TAX WITHHELD

2

3.

TOTAL PAYMENTS MADE for the quarter

3

4.

AMOUNT OF CREDIT TO BE REFUNDED (If line 2 is greater than line 3, skip to line 5. Otherwise,

 

 

line 3 minus line 2 and enter “0.00” on lines 5, 7 and 8.)

4

5.

ADDITIONAL TAXES DUE for this quarter (line 2 minus line 3)

5

 

 

 

REMINDER: All EFT payments

 

 

6a. PENALTY

 

6.

FOR LATE

 

must be transmitted by the payment

 

 

 

due date or a 2% EFT penalty will

 

FILING ONLY6b. INTEREST

be applied.

7.

TOTAL AMOUNT now due and PAYABLE (Add lines 5, 6a, and 6b)

7

8.

Enter AMOUNT of payment. Attach your check or money order payable to

 

 

HAWAII STATE TAX COLLECTOR” in U.S. dollars drawn on any U.S. bank to Form HW-14.

AMOUNT OF PAYMENT

 

Write the filing period and your Hawaii Tax I.D. No. on your check or money order.

 

 

IF NO PAYMENT ATTACHED, ENTER “0.00.” You may also e-pay at: hitax.hawaii.gov

8

I declare under the penalties set forth in section 231-36, HRS, that this is a true and correct return, prepared in accordance with the withholding provisions of the Hawaii Income Tax Law and the rules issued thereunder.

— MAILING ADDRESS —

HAWAII DEPARTMENT OF TAXATION

P.O. BOX 3827

HONOLULU, HI 96812-3827

ID NO 01

Form HW-14 (Rev. 2019)

HW14_I 2019A 01 VID01

Similar forms

The Hawaii HW-14 form is a crucial document for employers in Hawaii, specifically for reporting withholding tax. Several other forms serve similar purposes in various contexts, each with its own unique details but sharing a common goal of tax reporting and compliance. Here are seven documents that are similar to the HW-14 form:

  • Form 941: This is the Employer's Quarterly Federal Tax Return used to report income taxes, Social Security tax, and Medicare tax withheld from employee's paychecks. Like the HW-14, it is filed quarterly and requires detailed wage and tax information.
  • Form W-2: This form reports wages paid to employees and the taxes withheld from them. While it is not a return, it complements the HW-14 by providing a summary of an employee's annual earnings and tax withholdings.
  • Form 1040-ES: This is used for estimating and paying individual income tax. Self-employed individuals may find it similar to the HW-14 in that both involve calculating tax liabilities based on income and withholding.
  • Form 1099-MISC: This form reports payments made to independent contractors and other non-employee compensation. Like the HW-14, it involves reporting income and may require tax withholding for certain payments.
  • Form 940: This is the Employer's Annual Federal Unemployment (FUTA) Tax Return. Employers use it to report unemployment taxes, similar to how the HW-14 reports withholding taxes for employees.
  • Arizona Motorcycle Bill of Sale Form: When transferring motorcycle ownership, make sure to utilize the essential Arizona motorcycle bill of sale document to ensure all legal requirements are satisfied.
  • Form W-3: This is the Transmittal of Wage and Tax Statements, which summarizes all W-2 forms submitted by an employer. It serves a similar purpose to the HW-14 in that it aggregates tax information for reporting to the government.
  • Form 720: This is used to report and pay federal excise taxes. While it covers different types of taxes, it shares the reporting nature of the HW-14, requiring detailed calculations and timely submission.

Understanding these forms can help employers navigate their tax responsibilities more effectively. Each document plays a role in ensuring compliance with tax laws and maintaining accurate financial records.