Tax rate used in calculating Hawaii state tax for year 2020
|
State Abbreviation:
|
HI
|
|
State Tax Withholding State
Code:
|
15
|
|
Acceptable Exemption Form:
|
HW-4
|
|
Basis For Withholding:
|
State Exemptions
|
|
Acceptable Exemption Data:
|
S, M, H / Number of Exemptions
|
|
TSP Deferred:
|
Yes
|
|
Special Coding:
|
None
|
|
Additional Information:
|
None
|
Withholding Formula >(Hawaii Effective 2020)<
- Subtract the nontaxable biweekly Thrift Savings Plan contribution from the gross biweekly wages.
- Subtract the nontaxable Federal Health Benefits Plan payments (includes dental and vision insurance program, and flexible spending account - health care and dependent care deductions) from the adjusted gross biweekly wages.
- Add taxable fringe benefits (taxable life insurance, etc.) to the adjusted gross biweekly wages.
- Multiply the adjusted gross biweekly wages times 26 to obtain the annual wages.
- Determine the exemption allowance by applying the following guideline and subtract this amount from the annual wages to obtain the taxable income.
Exemption Allowance = $1,144 x Number of Exemptions
- Apply the taxable income determined in step 5 to the following table to determine the Hawaii tax withholding.
Tax Withholding Table
Single
or
Head of Household |
If the Amount of
Taxable Income Is: |
The Amount of Hawaii
Tax Withholding Should Be: |
Over:
|
But Not
Over: |
|
Of Excess
Over: |
|
$ 0
|
$ 2,400
|
$ 0
|
plus
|
1.40%
|
$ 0
|
|
2,400
|
4,800
|
34
|
plus
|
3.20%
|
2,400
|
|
4,800
|
9,600
|
110
|
plus
|
5.50%
|
4,800
|
|
9,600
|
14,400
|
374
|
plus
|
6.40%
|
9,600
|
|
14,400
|
19,200
|
682
|
plus
|
6.80%
|
14,400
|
|
19,200
|
24,000
|
1,008
|
plus
|
7.20%
|
19,200
|
24,000 |
>36,000 |
1,354 |
plus |
7.60% |
24,000 |
36,000 |
and over |
2,266 |
plus |
7.90% |
36,000< |
Married |
If the Amount of
Taxable Income Is:
|
The Amount of Hawaii
Tax Withholding Should Be:
|
Over:
|
But Not
Over: |
|
Of Excess
Over: |
|
$ 0
|
$ 4,800
|
$ 0
|
plus
|
1.40%
|
$ 0
|
|
4,800
|
9,600
|
67
|
plus
|
3.20%
|
4,800
|
|
9,600
|
19,200
|
221
|
plus
|
5.50%
|
9,600
|
|
19,200
|
28,800
|
749
|
plus
|
6.40%
|
19,200
|
|
28,800
|
38,400
|
1,363
|
plus
|
6.80%
|
28,800
|
|
38,400
|
48,000
|
2,016
|
plus
|
7.20%
|
38,400
|
|
48,000
|
>72,000
|
2,707
|
plus
|
7.60%
|
48,000
|
|
72,000
|
and over
|
4,531
|
plus
|
7.90%
|
72,000< |
- Divide the annual Hawaii tax withholding by 26 to obtain the biweekly Hawaii tax withholding.
More Payroll Information for Hawaii Small Business
What is the cost of using ezPaycheck payroll software
Quick Start Guide for New Payroll Software Customers
How to start payroll in mid-year
How to handle tips in restaurants
How to handle the local taxes
How to print paycheck on blank stock
How to add a customized deduction and withhold it automatically
How to set up payroll tax options for church and non-profits
How to handle paychecks for both employees and contractors
How to file tax forms
How to enter the paychecks for after the fact payroll
|
in house payroll tax solution for Hawaii small businesses here.
How to Calculate Hawaii State Income Tax Withholdings Automatically
How to Create After the Fact Paychecks and Generate the Paystubs