Hawaii state tax basis is the Federal Adjusted Gross Income (AGI).
Interest/Divident Income: Interest and Divident income from U.S. government bonds are exempt from State Taxes.
Rent Income: Same as federal.
Capital Gain: Alternative tax on capital gains
Unemployment Income: Same as federal.
Social Security Benefits: All social security income is exempt from state taxes.
State Bond Interest: Taxable except Hawaii obligations
Health Savings Accounts: Same as federal.
Disability: Same as federal.
Lottery: Same as federal.
Federal Income Tax: Not deductible
Other Taxes: Deductions for payments to individual housing accounts and for earnings on individual housing and individual development accounts.Deductions for certain income from high technology business and qualified expenditures for exceptional trees. Peace Corps compensation, income from temporary employment outside of the U.S., and higher education expenses deducted from federal income are taxable. In addition, some student loan interest and employer-provided adoption benefits that are exempt from federal taxes may be taxable in Hawaii.
Check other state tax links below.