Entering Hawaii excise tax credit information

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.


Characters left:

Change to CS Support service hours

Our Support department is closed on [[date]]. However, limited UltraTax CS phone support is available on that date from 9 AM - 5 PM ET due to the approaching deadline.

Links to our most popular tax processing topics are available in the Alerts and notices section on the right side of most pages.

To enter Hawaii Excise Tax Credit Information, perform the following steps.

  1. Click the Add button and add a new asset, or highlight an existing asset and click the Modify button.
  2. Select code I in the Credit field for the HI treatment column.

    Note: Credit code I is available if the asset was placed in service between 1/1/99 and 4/30/09 or after 2009.

  3. Enter the sales or use tax credit amount in the Sales / use tax credit claimed under Section 238-3(i) field.

    Note: The Sales / use tax credit claimed under Section 238-3(i) field is available only when I is selected in the Credit field for the HI treatment in the asset's Depreciation tab and the in-service date is between 1/1/99 and 4/30/09 or after 2009.

  4. Click the Credit Information button in the Other tab, and then click the HI Excise Tax Credit tab.

    Note: The Credit Information button and HI Excise Tax Credit tab are available when one of the following conditions exists.

    • Code I is selected in the Credit field for the HI treatment and the asset was placed in service between 1/1/99 and 4/30/09 or after 2009.
    • The HI treatment is enabled and the asset was placed in service between 5/1/09 and 12/31/09.
  5. Enter information in the applicable fields in the Hawaii Excise Tax Information tab.
  6. Click Done.

Share This