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March 16, 2025
Question

Hawaii Excise Tax

  • March 16, 2025
  • 1 reply
  • 0 views

I saw a response in 2019 that you can deduct hawaii GET on your rental property.  I thought you were not supposed to do that unless you included it clearly as part of your rent to the tenant in the lease, which doesn't help me bc overall I won't be able to charge anymore.  Does anyone know?

Ty!

    1 reply

    March 17, 2025

    The Hawaii General Excise Tax (GET) is a deductible business expense and can be claimed on your Schedule E.

     

    Please read this Hawaii Department of Taxation FAQ, question 44.

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