Hawaii HB574 proposes a $3,000 income tax credit for retired Hawaii National Guard members.
Hawaii HB574 introduces a tax credit for retired Hawaii National Guard members who meet specific criteria. The credit is $3,000 and applies to those with an adjusted gross income under $77,950. To qualify, individuals must have served at least 20 years, have a 100% service-connected disability, or be eligible for pension or retirement pay. The credit is intended to support these retirees who have made significant sacrifices and to encourage them to remain in Hawaii.
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