#Hawaii income tax tables 2020 full

The bill cites the state’s plummeting tax collections brought about by the coronavirus pandemic as the rationale for the tax increases.īy the end of last year, state officials were estimating the state would have a budget shortfall in excess of $2 billion. The measure also includes increases to the capital gains tax, corporate tax and taxes on high-end real estate sales. California’s rate is 13.3% on those earning more than $1 million. If the bill ultimately passes, Hawaii will overtake California as the state with the highest income tax, according to the Associated Press. The proposed legislation will now move to the House of Representatives for consideration. Les Ihara (D-Moiliili-Kaimuki-Palolo) voted yes, but with reservations. Gil Riviere (D-Heeia-Laie-Waialua) was the lone no vote. The measure would impose a 16% tax on individuals earning more than $200,000 a year, up from the current rate of 11%.

#Hawaii income tax tables 2020 full

$200,000 to $400,000 at 11% the highest tax bracket.A bill that would hike Hawaii’s income tax to the highest in the nation passed the full Senate today by a near unanimous vote. Married Filing Jointly doubles from $2,400 to $4,800 at 3.2%, and doubles from Notice, however, the Hawaii income tax brackets for

Tax rate of 11% on taxable income over $400,000.įor the Single, Married Filing Jointly, Married Filing Separately, and Head of Householdįiling statuses, the HI tax rates and the number of tax brackets.

Tax rate of 9% on taxable income between $300,001 and $350,000.

Tax rate of 7.9% on taxable income between $72,001 and $96,000.

Tax rate of 7.6% on taxable income between $48,001 and $72,000.

Tax rate of 7.2% on taxable income between $38,401 and $48,000.

Tax rate of 6.8% on taxable income between $28,801 and $38,400.

Tax rate of 6.4% on taxable income between $19,201 and $28,800.

Tax rate of 5.5% on taxable income between $9,601 and $19,200.

Tax rate of 3.2% on taxable income between $4,801 and $9,600.

Tax rate of 1.4% on the first $4,800 of taxable income.

Tax rate of 11% on taxable income over $200,000.įor married taxpayers living and working in the state of Hawaii:.

Tax rate of 9% on taxable income between $150,001 and $175,000.

Tax rate of 7.9% on taxable income between $36,001 and $48,000.

Tax rate of 7.6% on taxable income between $24,001 and $36,000.

Tax rate of 7.2% on taxable income between $19,201 and $24,000.

Tax rate of 6.8% on taxable income between $14,401 and $19,200.

Tax rate of 6.4% on taxable income between $9,601 and $14,400.

Tax rate of 5.5% on taxable income between $4,801 and $9,600.

Tax rate of 3.2% on taxable income between $2,401 and $4,800.

Tax rate of 1.4% on the first $2,400 of taxable income.

To the highest HI tax rate bracket of 11%.įor single taxpayers living and working in the state of Hawaii: We can also see the progressive nature of Hawaii state income tax rates from the lowest HI tax rate bracket of 1.4% Individual income taxes differently for Single versus Married filing Looking at the tax rate and tax brackets shown in the tables aboveįor Hawaii, we can see that Hawaii collects The Hawaii income tax rate tables and tax brackets shown on this web page are for illustration purposes only. Hawaii income tax forms are generally published at the end of each calendar year, which will include any last minute 2022 - 2023 legislative changes to the HI tax rate or tax brackets. Please reference the Hawaii tax forms and instructions booklet published by the State of Hawaii Department of Taxation to determine if you owe state income tax or are due a state income tax refund. Source: 2022 Hawaii State Tax Rate Schedule, published by the State of Hawaii Department of Taxation.

Hawaii Head of Household Tax Brackets Income Tax Bracket Hawaii Married Filing Separately Tax Brackets Income Tax Bracket Hawaii Married Filing Jointly Tax Brackets Income Tax Bracket Hawaii Single Income Tax Brackets Income Tax Bracket