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 Form Vp 1 2012

Hawaii Income Tax 2012-2025 Form

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welcome back to our third video on the Hawaii income tax preparation in this video let's talk about differences between itemized deductions on the Fed return versus our Hawaii return here this form and 11 so if you are claiming itemized deductions on the Hawaii return they are reported here at the bottom of page two in these different categories again these are itemized deduction categories or we can claim the standard deduction these amounts are based upon the taxpayers filing status if it's larger we either want to deduct the larger of itemized or the standard deduction to save more money the issue though compared with the federal is that the federal standard deduction amounts are larger compared to Hawaii so let's take a look at a comparison here so these are federal standard deductions Hawaii standard deductions for different filing statuses and as you can see for each filing status the federal is much larger than the Hawaii now if you're claiming it

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