Hawaii
EARNED INCOME TAX CREDIT (EITC)
Rate (Non-Refundable): 20% of the federal credit
Latest Legislative Action: In January 2018, several lawmakers introduced legislation to make Hawaii’s EITC refundable.
Notes:
CHILD TAX CREDIT (CTC)
Hawaii does not currently offer a state-level CTC.
CHILD AND DEPENDENT CARE TAX CREDIT (CDCTC)
Rate (Fully-Refundable):
Calculated as a percentage of qualifying expenses, not as a percentage of the federal credit. However, the state credit covers the same kind of expenses but is limited to $2,400 for one child/dependent and $4,800 for two children/dependents. Rates are dependent upon earned income levels as shown below.
INCOME | PERCENTAGE |
---|---|
<$22,001 | 25% |
$22,001-$24,000 | 24% |
$24,001-$26,000 | 23% |
$26,001-$28,000 | 22% |
$28,001-$30,000 | 21% |
$30,001-$32,000 | 20% |
$32,001-$34,000 | 19% |
$34,001-$36,000 | 18% |
$36,001-$38,000 | 17% |
$38,001-$40,000 | 16% |
≥$40,001 | 15% |
Eligibility Requirements: To be eligible for the credit, a filer must maintain a household which includes at least one qualified dependent and may not be claimed as a dependent themselves. The filer must also have qualifying care expenses.
Source:
- 2015 N-13 Resident Income Tax Forms and Instructions, Hawaii Department of Taxation