Gov. David Ige today announced that about 600,000 Hawaii taxpayers will begin receiving their tax refunds starting next week.
“It is my hope that the $300 million in tax refunds being distributed so far, bring some relief to the hardworking people of the State of Hawaii who were hit hard by the pandemic,” Ige said in a statement.
For the first round, 100,000 taxpayers are slated to receive refunds by direct deposit or via mail on or about Sept. 12, Ige said. There will be two additional direct deposit distributions on Sept. 9 and Sept. 13.
Taxpayers who filed returns by July 31 are projected to receive direct deposits by Sept. 21. Refunds filed after July 31 will be issued up to 10 weeks after acceptance by the state Department of Taxation. Eligible taxpayers must file their 2021 tax returns by Dec. 31 to qualify for a refund.
Individuals earning less than $100,000 a year or couples earning less than $200,000 a year will receive $300 each, including independents living in the household. Those earning more than $100,000 a year or couples earning more than $200,000 a year will receive a refund of $100.
Some 537,250 filers are slated to receive $300, while 64,382 will receive $100 refunds, Taxation Director Isaac Choy said.
There are 303,000 direct deposits slated, while 295,000 paper checks are to be distributed.
The state estimates that $295.2 million in refunds will be going out to Hawaii residents this year.
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