Act 115, Session Laws of Hawaii 2022 (Act 115), provides a one-time constitutional refund to each qualifying resident taxpayer who files an individual income tax return for the 2021 tax year on or before December 31, 2022.
How much will my Act 115 refund be?
Your Act 115 refund amount is based on your filing status, federal adjusted gross income, and the number of exemptions you are allowed to claim. For the Act 115 credit, only one refund per person will be allowed. The Act 115 refund is $100 or $300 per person as follows:
How much will my Act 115 refund be?
Your Act 115 refund amount is based on your filing status, federal adjusted gross income, and the number of exemptions you are allowed to claim. For the Act 115 credit, only one refund per person will be allowed. The Act 115 refund is $100 or $300 per person as follows:
When will I receive my Act 115 refund?
Act 115 refund will be issued based on the order in which the 2021 individual income tax returns are filed. The Department of Taxation will begin issuing Act 115 refunds in the first week of September 2022.
Act 115 refund will be issued based on the order in which the 2021 individual income tax returns are filed. The Department of Taxation will begin issuing Act 115 refunds in the first week of September 2022.
Will I receive my Act 115 refund by electronic direct deposit or paper check?
If you claimed a refund on your 2021 individual income tax return and requested an electronic direct deposit, your Act 115 refund will be deposited into the same bank account. If you requested a paper check refund or owed additional taxes, you will receive your Act 115 refund by paper check.
Will my Act 115 refund be offset by taxes that I owed?
Act 115 refund will be used to offset taxes owed to IRS and any outstanding debt to external agencies, such as for child support payment. However, Act 115 refund will not be used to offset taxes owed to State of Hawaii.
For more information: Act 115 Refund | Department of Taxation (hawaii.gov)
If you claimed a refund on your 2021 individual income tax return and requested an electronic direct deposit, your Act 115 refund will be deposited into the same bank account. If you requested a paper check refund or owed additional taxes, you will receive your Act 115 refund by paper check.
Will my Act 115 refund be offset by taxes that I owed?
Act 115 refund will be used to offset taxes owed to IRS and any outstanding debt to external agencies, such as for child support payment. However, Act 115 refund will not be used to offset taxes owed to State of Hawaii.
For more information: Act 115 Refund | Department of Taxation (hawaii.gov)