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The Honolulu Advertiser

Updated at 10:56 a.m., Thursday, September 27, 2007

Oahu deadline looms for property tax relief programs

Advertiser Staff

The deadline to apply for real property tax relief programs for tax year 2008-2009 is Monday, according to a news release issued by the City and County of Honolulu.

The programs are:

  • County Tax Credit

  • Home Exemption

  • In-lieu of Home Exemption

    "While most homeowners are familiar with the home exemptions, many may not be aware of the county tax credit, which is in its second year and must be applied for annually," Mayor Mufi Hannemann said in a news release. "I urge county tax credit applicants to immediately start gathering the required documents and make copies for submission with the application."

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

  • Federal tax return transcript or Federal tax account transcript

  • Form W-2 – Wage and Tax Statement

  • Schedule B – Interest and Dividend Statement

  • Schedule C – Profit and Loss from Business

  • Schedule D – Capital Gains and Losses

  • Schedule E – Supplemental Income and Loss

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

  • Form SSA-1099 – Social Security Benefits Statement

  • Form 1099-DIV – Dividends and Distributions

  • Form 1099-G – Certain Government Payments

  • Form 1099-INT – Interest Income

  • 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:

  • 2006 State Tax Return with all Attachments and Schedules

  • Form W-2 - Wage and Tax Statement

  • Form SSA-1099 – Social Security Benefits Statement

  • Form 1099-DIV – Dividends and Distributions

  • Form 1099-G – Certain Government Payments

  • Form 1099-INT – Interest Income

  • Form 1099-Misc – Miscellaneous Income

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

  • Copy of 2006 Bank Statements

  • Documentation of other income

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

    Applications and instructions are available at the Division of Treasury, all satellite city halls, and online at www.honolulu.gov/budget/treasury_division.htm.

    Homeowners applying for the home exemptions are required to provide proof of age for all applicants, such as driver's license, state identification, birth certificate or other government or legal document.

    Additional information regarding the tax credit, home exemption, and in-lieu of home exemption is attached.

    The city will also provide information in advertisements to be placed in The Honolulu Advertiser and Honolulu Star-Bulletin on Saturday.