Hawaii Low Income Housing Tax Credit Summary
- Applicable against the Hawaii corporate income tax and individual income tax.
- May offset 100% of taxpayer’s liability.
- Excess credits carryforward for until exhausted. No carryback.
- Credits are subject to a 15-year recapture period.
- Credits are allocable, nontransferable
Monetizing
Interested in investing to create more affordable homes in Hawaii or monetizing your tax credits?