LINDA LINGLEKURT KAWAFUCHIGOVERNORDIRECTOR OF TAXATIONJAMES R. AIONA, JR.

SANDRA YAHIRO

LT. GOVERNOR

DEPUTY DIRECTOR

STATE OF HAWAII

DEPARTMENT OF TAXATIONP.O. BOX 259
HONOLULU, HAWAII 96809

PHONE NO: (808) 587-1510
FAX NO: (808) 587-1560

January 25, 2008

DEPARTMENT OF TAXATION ANNOUNCEMENT NO. 2008-01
RE:A Listing of Change of Form Name; Obsolete/Retired Tax Forms, Instructions, andSchedules; Errors Found on Hawaii Tax Forms

Change of Form Name for 2007
1.
M-36
From "Combined Claim for Refund of Fuel Taxes Liquid Fuel (Gasoline) Used for
Agricultural Equipment Operated Off Public Highways, Diesel Oil Used for Motor
Vehicle Operated Off Public Highways, and Alternative Fuel Used for Motor
Vehicle and Internal Combustion Engine Operated Off Public Highways" to"Combined Claim for Refund of Fuel Taxes Under Chapter 243, HRS"2.
N-11
From "Resident Filing Federal Return" to "Resident Individual Income TaxReturn"3.
N-314
From "Hotel Construction and Remodeling Tax Credit" to "Carryover of the HotelConstruction and Remodeling Tax Credit"
4.
N-338
From "Tax Credit for Flood Victims" to "Recapture of the Tax Credit for FloodVictims"
Obsolete/Retired Tax Forms, Instructions, and Scheduled for 2007
1.
G-54
Amended Periodic General Excise/Use Tax Return2.
G-54/G-55 Ins. Instructions for Amended General Excise/Use Tax Returns
3.
G-55
Amended Annual Return & Reconciliation General Excise/Use Tax Return
4.
G-65
General Excise Tax Computation Worksheet For Persons With A Certified
Disability
5.
M-6
Hawaii Estate Tax Report
6.
M-6A
Request for Release to be Filed for Decedents Dying After June 30, 1983
7.
M-6GS
Hawaii Generation-Skipping Transfer Tax Report8.
M-21A
Monthly Return of Liquid Fuel Tax (State and County) And Environmental
Response Tax on Fuel Sold for Use In or Used for Certain Water Craft
9.
N-12
Individual Income Tax Return (Resident Not Filing Federal Return)10.
N-100A
Application for Additional Extension of Time to File Hawaii Return for aPartnership, Trust, or REMIC
11.
N-101B
Application for Additional Extension of Time to File Hawaii Individual
Income Tax Return12.
N-314 Instr.
Separate Instructions for Form N-314
13.
N-328
Drought Mitigating Water Storage Facility Tax CreditDepartment of Taxation Announcement No. 2008-01
January 25, 2008
Page 2 of 3

Tax form errors
1.

Form G-75 (Rev.
2007), Assignment ofGeneral Excise/Use
Taxes by Districts

Page 2, Last 2 sentences of the 2nd paragraph under the heading"General Instructions", which states the form is not required to besubmitted with the periodic and annual return should be omitted.
Form G-75 is now a required attachment to Form G-45/G-49
when the taxpayer conducts business in more than one district.

2.

N-40 Schedule D (Rev.
2007), "Capital Gainsand Losses"

Page 2, Part V Label Heading, which reads, "Computation ofCapital Loss Carryovers From 2006 to 2007," should read:"Computation of Capital Loss Carryovers From 2007 to 2008."

3.

N-152 Instructions(Rev. 2007)

Page 3, 2nd column, 3rd paragraph, which reads, "To make thecapital gain . . . the amount to enter on line 9 . . .," should read:"To make the capital gain . . . the amount to enter on line 11 . . ."Page 3, 3rd column, 1st paragraph, which reads, "Subtract thatamount from the capital gain . . . and enter the result on line 9."
Should read:"Subtract that amount from the capital gain . . . and enter theresult on line 11."
Page 3, 3rd column, 1st paragraph, 2nd to the last sentence, whichreads, "Enter the result on line 9." Should read:"Enter the result on line 11."
Page 3, 3rd column, 2nd paragraph, which reads, "Note: If you
take the death benefit . . figure the correct entry for line 9."
Should read:"Note: If you take the death benefit . . . figure the correct entryfor line 11."
Page 3, Death Benefit Worksheet line H., which reads, ". . .
Enter the result here and on Form N-152, Part II, line 9." Shouldread:". . . Enter the result here and on Form N-152, Part II, line 11."
Page 4, Line 15, which reads, " If you made the capital gainelection, subtract line 9 from line 14." Should read:"If you made the capital gain election, subtract line 11 from line 14."

Department of Taxation Announcement No. 2008-01
January 25, 2008
Page 3 of 3

Page 4, 2nd column, 5th paragraph, which reads, " (b) If you makethe capital . . . amount on line 9. . . ". Should read:" (b) If you make the capital . . . amount on line 11. . . ".
Page 4, 3rd column, 2nd paragraph, which reads, "(b) If you makethe capital . . amount on line 9. . . ". Should read:" (b) If you make the capital . . . amount on line 11. . . ".
4.

Form N-332 (Rev.
2007), "Carryover ofthe Residential
Construction andRemodeling Tax
Credit"Page 2, Credit Worksheet, line b, which lists the Tax Credit for
Flood Victims (Non-refundable) should be omitted from theworksheet.

5.

Schedule CR (Rev.
2007), "Schedule ofTax Credits"

Page 1, Line 11 which reads, "Carryover of the ResidentialConstruction and Remodeling Ta . . . ," should read:"Carryover of the Residential Construction and RemodelingTax . . . ".

The 2007 tax forms are now available (a) at our website at www.hawaii.gov/tax, (b) at ourdistrict tax offices (Oahu District Office, 830 Punchbowl Street; Maui District Office, 54 S. HighStreet, #208; Hawaii District Office, 75 Aupuni Street, #101; and Kauai District Office, 3060 Eiwa
Street, #105) or (c) by calling our Forms Request Line at 808-587-7572 or toll free at1-800-222-7572.
For a nominal charge of $10, you may purchase our 2007 Tax Information CD-ROM whichcontains 2007 state tax forms and instructions; Department publications such as Tax Information
Releases, Announcements, and brochures; Department of Labor employer reporting forms andinstructions and Department of Commerce and Consumer Affairs business registration forms. All ofthe forms on our CD-ROM have writable fields. You will be able to type in information and print out
a completed form. The CD-ROM, however, will not perform any computations. For a CD-ROMorder form, call 808-587-7572 or toll free at 1-800-222-7572.

KURT KAWAFUCHI
Director of Taxation