Mayor Mufi Hannemann said that while most homeowners are familiar with home exemptions they may not be aware of the county tax credit, which is in its second year and must be applied for annually.

In applying for the county tax credit, taxpayers who filed a 2006 federal tax return must submit copies of:

1. Federal tax return transcript or Federal tax account transcript

2. Form W-2 – Wage and Tax Statement

3. Schedule B – Interest and Dividend Statement

4. Schedule C – Profit and Loss from Business

5. Schedule D – Capital Gains and Losses

6. Schedule E – Supplemental Income and Loss

7. Form 1099-R – Distributions from Pensions, Annuities, Retirement of Profit-Sharing, IRA's

8. Form SSA-1099 – Social Security Benefits Statement

9. Form 1099-DIV – Dividends and Distributions

10. Form 1099-G – Certain Government Payments

11. Form 1099-INT – Interest Income

12. Form 1099-Misc – Miscellaneous Income

Taxpayers who did not file and are not required to file a 2006 federal tax return must submit copies of:

1. 2006 State Tax Return with all Attachments and Schedules

2. Form W-2 - Wage and Tax Statement  

3. Form SSA-1099 – Social Security Benefits Statement

4. Form 1099-DIV – Dividends and Distributions

5. Form 1099-G – Certain Government Payments

6. Form 1099-INT – Interest Income

7. Form 1099-Misc – Miscellaneous Income

8. Form 1099-R – Distributions from Pensions, Annuities, Retirement of Profit-Sharing, IRA's

9. Copy of 2006 Bank Statements

10. Documentation of other income

To apply for the county tax credit, or to get assistance, please contact the City's Current Collections Section, Department of Budget and Fiscal Services, 530 South King Street, Room 115, or call 523-4856.

Applications and instructions are available at the Division of Treasury, all satellite city halls, and on-line at http://www.honolulu.gov/budget/treasury_division.htm.