Drake Tax – 2024 Form Availability and Tax Changes: Hawaii
Article #: 20013
Last Updated: April 11, 2025
The following Hawaii forms are supported in Drake Tax 2024. HI forms cannot be e-signed.
Note Dates shown below are estimates based on the most up-to-date information currently available to Drake Software.
We are committed to meeting or exceeding the delivery dates listed; however, there may be additional factors that could impact the final date. The chart will be updated as new information becomes available.
Chart key:
t Form is supported in the indicated return type.
P Form is available for e-file / paper file.
r Form is not supported for e-file / paper file.
MM/DD Estimated availability date. Note that the date may differ for e-file vs. paper-file, and in some cases, e-filing may be approved before paper-filing or vice versa.
See Drake Tax - Do Not Mail Watermarks, Banners, EF Message 0001, Note 129 for more information about the notes, EF Messages, or watermarks that are generated during the approval process.
The chart may not be displayed as expected on mobile devices. The chart will wrap on smaller screens or windows - click the black arrow to expand the details when using this article on a smaller screen.
| Form | Description | IND | CRP | SCRP | PTR | FID | e-File | Paper File |
|---|---|---|---|---|---|---|---|---|
| HI4562 | Depreciation and Amortization | t | t | t | t | t | r | P |
| N-103 | Sale of Your Home | t | r | P | ||||
| N-11 | Individual Income Tax Return Resident | t | P | P | ||||
| N-110 | Statement of Person Claiming Refund Due | t | P | P | ||||
| N-139 | Moving Expenses | t | r | P | ||||
| N-15 | Individual Income Tax Return Nonresident and Part-Year Resident | t | P | P | ||||
| N-152 | Tax on Lump-Sum Distributions | t | t | r | P | |||
| N-158 | Investment Interest Expense Deduction | t | t | P | P | |||
| N-163 | Fuel Tax Credit for Commercial Fishers | t | t | t | t | t | P | P |
| N-168 | Income Averaging for Farmers and Fishermen | t | r | P | ||||
| N-20 | Partnership Return of Income | t | P | P | ||||
| N-200V | Individual Income Tax Payment Voucher | t | r | P | ||||
| N-201V | Business Income Tax Payment Voucher | t | t | t | t | r | P | |
| N-210 | Underpayment of Estimated Tax by Individuals, Estates, and Trusts | t | t | P | P | |||
| N-220 | Underpayment of Estimated Tax by Corporations and S Corporations | t | t | r | P | |||
| N-30 | Corporation Income Tax Return | t | P | P | ||||
| N-311 | Refundable Food/Excise Tax Credit | t | P | P | ||||
| N-312 | Capital Goods Excise Tax Credit | t | t | t | t | t | P | P |
| N-323 | Carryover of Tax Credits | t | t | t | P | P | ||
| N-325 | Historic Preservation Income Tax Credit | t | t | t | t | t | r | P |
| N-330 | Credit for School Repair and Maintenance | t | t | t | t | t | r | P |
| N-338 | Recapture of Tax Credit for Flood Victims | t | t | t | t | t | r | P |
| N-340 | Motion Picture, Digital Media, and Film Production Income Tax Credit | t | t | t | t | t | r | P |
| N-342 | Renewable Energy Technologies Income Tax Credit | t | t | t | t | t | P | P |
| N-342A | Information Statement Concerning Renewable Energy Technologies Income Tax Credit | t | t | t | t | t | P | P |
| N-344 | Important Agricultural Land Qualified Agricultural Cost Tax Credit | t | t | t | t | t | r | P |
| N-346 | Tax Credit for Research Activities | t | t | t | t | t | r | 04/12 |
| N-348 | Capital Infrastructure Tax Credit | t | t | t | t | t | r | P |
| N-35 | S Corporation Income Tax Return | t | P | P | ||||
| N-356 | Earned Income Tax Credit | t | P | P | ||||
| N-358 | Healthcare Preceptor Income Tax Credit | t | r | P | ||||
| N-360 | Renewable Fuels Production Tax Credit | t | t | t | t | t | r | P |
| N-362 | Pass-Through Entity Tax Credit | t | t | t | t | P | P | |
| N-362E | Pass-Through Entity Tax Election | t | t | P | P | |||
| N-4 | Statement of Withholding for a Nonresident Shareholder of an S Corporation | t | r | P | ||||
| N-40 | Fiduciary Income Tax Return | t | P | P | ||||
| N-405 | Tax on Accumulation Distribution of Trusts | t | r | P | ||||
| N-40T | Allocation of Estimated Tax Payments to Beneficiaries | t | r | P | ||||
| N-586 | Tax Credit for Low-Income Housing | t | t | t | t | t | r | P |
| N-615 | Computation of Tax for Children Under Age 14 Who Have Unearned Income of More than $1,000 | t | P | P | ||||
| N-756 | Enterprise Zone Tax Credit | t | t | t | t | t | r | P |
| N-814 | Parent's Election to Report Child's Interest and Dividends | t | r | P | ||||
| N-848 | Power of Attorney | t | t | t | t | t | r | P |
| N-884 | Credit for Employment of Vocational Rehabilitation Referrals | t | t | t | t | t | r | P |
| Schedule AMD | Explanation of Changes on Amended Return | t | t | t | t | t | P | P |
| Schedule CR | Schedule of Tax Credits | t | t | t | P | P | ||
| Schedule D (N-20) | Capital Gains and Losses | t | r | P | ||||
| Schedule D (N-30/N-70NP) | Capital Gains and Losses | t | r | P | ||||
| Schedule D (N-35) | Capital Gains and Losses and Built-in Gains | t | r | P | ||||
| Schedule D (N-40) | Capital Gains and Losses | t | r | P | ||||
| Schedule D-1 | Sales of Business Property | t | t | t | t | t | r | P |
| Schedule J (N-11/N-15/N-40) | Supplemental Annuities Schedule | t | t | r | P | |||
| Schedule K-1 (N-20) | Partner's Share of Income, Credits, Deductions, etc. | t | t | r | P | |||
| Schedule K-1 (N-35) | Shareholder's Share of Income, Credits, Deductions, etc. | t | t | r | P | |||
| Schedule K-1 (N-40) | Beneficiary's Share of Income, Deductions, Credits, etc. | t | r | P | ||||
| Schedule O (N-20/N-30) | Allocation and Apportionment of Income | t | t | r | P | |||
| Schedule P (N-20/N-30) | Computation of Apportionment Factors | t | t | r | P | |||
| Schedule PTE | Pass-Through Entity Tax Calculation | t | t | r | P | |||
| Schedule PTE-U | Upper-Tier Pass-Through Entity Tax Credit Allocation | t | t | P | P | |||
| Schedule X (N-11/N-15) | Tax Credits for Hawaii Residents | t | P | P |
Tax Law Changes
-
Hawaii conforms the income tax laws to the Internal Revenue Code of 1986, as amended as of December 31, 2023, and applies to taxable years beginning after December 31, 2023.
-
For the 2024 taxable year beginning after December 31, 2023, the individual income tax standard deduction amounts were increased for the following filing statuses: Single or Married Filing Separate to $4,400, Head of Household to $6,424, and Married Filing Jointly or Qualified Surviving Spouse to $8,800.
-
Taxpayers may exclude up to $8,082 of their military reserve or Hawaii National Guard duty pay from their income, effective for taxable years beginning after December 31, 2023.
-
The Pass-Through Entity (PTE) tax credit has been amended for taxable years beginning after December 31, 2023 by (1) adding a definition for “qualified member;” (2) repealing the definition for “direct member” and “indirect member;” (3) amending the PTE level tax rate to 9%; and (4) amending the credit by allowing certain qualified members to use the credit against their net income tax liability in subsequent years until exhausted.