The Department of Taxation has recently announced that payments will begin this month, so to make this your refund as smooth as possible, here’s what you need to know:
The State of Hawaii Department of Taxation is to issue a one-time tax refund to qualifying resident taxpayers who filed an individual income tax return for the 2021 tax year (on or before December 31, 2022). (Photo: Bank of Hawaii)
More About The Tax Refund On The State of Hawaii
Earlier last year, Governor Ige signed Act 115 into law, which authorized the State of Hawaii Department of Taxation to issue a one-time tax refund to qualify resident taxpayers who have filed an individual income tax return for the year 2021 tax that filed before December 31, 2022.
Last year, the Department of Taxation announced that payments have started. To make your refund as smooth as possible they started issuing Act 115 refunds last year in early September, and no action was required for most residents or taxpayers.
The Department of Taxation has calculated and automatically distributed the payments. This will be done either via direct deposits into the same bank account where you receive your tax refunds or through a paper check sent via mail.
The State of Hawaii Department of Taxation is to issue a one-time tax refund to qualifying resident taxpayers who filed an individual income tax return for the 2021 tax year (on or before December 31, 2022). (Photo: Bank of Hawaii)
Most Residents Don’t Need To Do Anything For Them To Receive Their Refund
Hawaii residents have expected to see a pending direct deposit payment or a temporary payment in their bank accounts before their official payment date. Most of the banks will process the payment on the practical date, as instructed by the Department of Taxation to make those needed funds to be available.
If the individual doesn’t have a direct deposit to a current bank account set up, it is important to make sure your mailing address is up-to-date says the Bank of Hawaii.
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