HB183

Hawaii HB183 amends the Earned Income Tax Credit to allow qualifying taxpayers to claim a credit based on the federal credit.

Hawaii HB183 modifies the Earned Income Tax Credit by allowing qualifying individual taxpayers to claim a refundable credit equal to forty percent of the federal earned income tax credit. Additionally, taxpayers with dependents under eighteen can claim an extra ten percent of the federal credit. The bill specifies that spouses filing separately must claim the credit as if they had filed jointly. The changes apply to taxable years beginning after December 31, 2024.