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Form Ta 2 Hawaii

Form Ta 2 Hawaii

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all right for this video i wanted to talk about the earned income tax credit for hawaii tax purposes so at the federal level we have the federal earned income tax credit right so everybody in the united states is generally eligible for that no matter where you live so long as you meet the requirements right your income is at or below or within certain thresholds and you either have qualifying children or you don't in this case we're going to use john q taxpayer he's going to be an individual that is a resident of hawaii and he doesn't have any qualifying children but because his income is below the relevant threshold he can still get the federal earned income tax credit so the state of hawaii has their own version of this which is computed as a percentage of the earned income tax credit and this is very common there's about 30 states that do this kind of state earned income tax credit for their residents so the first step is always to prepare the

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