JOSH GREEN, M.D.

GARY S. SUGANUMASYLVIA LUKEKRISTEN M.R. SAKAMOTO

DIRECTOR OF TAXATIONGOVERNORLT. GOVERNOR

DEPUTY DIRECTOR

STATE OF HAWAIʻIDEPARTMENT OF TAXATIONKa ʻOihana ʻAuhau

P.O. BOX 259
HONOLULU, HAWAIʻI 96809

PHONE NO: 808-587-1530
FAX NO: 808-587-1584

June 3, 2024

DEPARTMENT OF TAXATION ANNOUNCEMENT NO. 2024-03
RE:Act 46, Session Laws of Hawaiʻi 2024, Relating to Income Tax

On June 3, 2024, H.B. 2404, H.D. 1, S.D. 1, C.D. 1 was signed into law by Governor
Josh Green, M.D. and became Act 46, Session Laws of Hawaiʻi 2024. Act 46 is effective upon
approval and applies to taxable years beginning after December 31, 2023.
Act 46 increases the standard deduction amounts, with amendments taking effect in tax
years 2024, 2026, 2028, 2030, and 2031. Act 46 also amends the income tax brackets byincreasing the income limits in each bracket, with amendments taking effect in tax years 2025,
2027, and 2029. The specific amendments that apply in each tax year are summarized below.
The Department will be amending Form HW-4, Employee’s Withholding Allowance andStatus Certificate, and Booklet A, Employer’s Tax Guide, later this year for tax years 2025 andbeyond. Form HW-4 and Booklet A will not be amended for tax year 2024.
Tax Year 2024
For tax year 2024, the standard deduction amounts will be as follows:Standard Deduction (effective tax year 2024)
Filing Status
Joint or Surviving Spouse
Head of Household
Single or Married Filing Separate

Amount$8,800$6,424$4,400The income tax brackets will be the same as in tax year 2023.
Tax Year 2025
For tax year 2025, the standard deduction amounts will be the same as in tax year 2024.
The income tax brackets will be as follows:Department of Taxation Announcement No. 2024-03
June 3, 2024
Page 2 of 8

Joint or Surviving Spouse (effective tax year 2025)
Taxable Income
Not Over $19,200
Over $19,200 but not over $28,800
Over $28,800 but not over $38,400
Over $38,400 but not over $48,000
Over $48,000 but not over $72,000
Over $72,000 but not over $96,000
Over $96,000 but not over $250,000
Over $250,000 but not over $350,000
Over $350,000 but not over $450,000
Over $450,000 but not over $550,000
Over $550,000 but not over $650,000
Over $650,000

Tax
1.4% of taxable income$269 plus 3.2% of excess over $19,200$576 plus 5.5% of excess over $28,800$1,104 plus 6.4% of excess over $38,400$1,718 plus 6.8% of excess over $48,000$3,350 plus 7.2% of excess over $72,000$5,078 plus 7.6% of excess over $96,000$16,782 plus 7.9% of excess over $250,000$24,682 plus 8.25% of excess over $350,000$32,932 plus 9% of excess over $450,000$41,932 plus 10% of excess over $550,000$51,932 plus 11% of excess over $650,000

Head of Household (effective tax year 2025)
Taxable Income
Not over $14,400
Over $14,400 but not over $21,600
Over $21,600 but not over $28,800
Over $28,800 but not over $36,000
Over $36,000 but not over $54,000
Over $54,000 but not over $72,000
Over $72,000 but not over $187,500
Over $187,500 but not over $262,500
Over $262,500 but not over $337,500
Over $337,500 but not over $412,500
Over $412,500 but not over $487,500
Over $487,500

Tax1.4% of taxable income$202 plus 3.2% of excess over $14,400$432 plus 5.5% of excess over $21,600$828 plus 6.4% of excess over $28,800$1,289 plus 6.8% of excess over $36,000$2,513 plus 7.2% of excess over $54,000$3,809 plus 7.6% of excess over $72,000$12,587 plus 7.9% of excess over $187,500$18,512 plus 8.25% of excess over $262,500$24,699 plus 9% of excess over $337,500$31,449 plus 10% of excess over $412,500$38,949 plus 11% of excess over $487,500

Department of Taxation Announcement No. 2024-03
June 3, 2024
Page 3 of 8

Single or Married Filing Separate (effective tax year 2025)
Taxable Income
Not over $9,600
Over $9,600 but not over $14,400
Over $14,400 but not over $19,200
Over $19,200 but not over $24,000
Over $24,000 but not over $36,000
Over $36,000 but not over $48,000
Over $48,000 but not over $125,000
Over $125,000 but not over $175,000
Over $175,000 but not over $225,000
Over $225,000 but not over $275,000
Over $275,000 but not over $325,000
Over $325,000

Tax1.4% of taxable income$134 plus 3.2% of excess over $9,600$288 plus 5.5% of excess over $14,400$552 plus 6.4% of excess over $19,200$859 plus 6.8% of excess over $24,000$1,675 plus 7.2% of excess over $36,000$2,539 plus 7.6% of excess over $48,000$8,391 plus 7.9% of excess over $125,000$12,341 plus 8.25% of excess over $175,000$16,466 plus 9% of excess over $225,000$20,966 plus 10% of excess over $275,000$25,966 plus 11% of excess over $325,000
Tax Year 2026

For tax year 2026, the standard deduction amounts will be as follows:Standard Deduction (effective tax year 2026)
Filing Status
Joint or Surviving Spouse
Head of Household
Single or Married Filing Separate

Amount$16,000$12,000$8,000The income tax brackets will be the same as in tax year 2025.
Tax Year 2027
For tax year 2027, the standard deductions amounts will be the same as in tax year 2026.
The income tax brackets will be as follows:Department of Taxation Announcement No. 2024-03
June 3, 2024
Page 4 of 8

Joint or Surviving Spouse (effective tax year 2027)
Taxable Income
Not over $28,800
Over $28,800 but not over $38,400
Over $38,400 but not over $48,000
Over $48,000 but not over $72,000
Over $72,000 but not over $96,000
Over $96,000 but not over $250,000
Over $250,000 but not over $350,000
Over $350,000 but not over $450,000
Over $450,000 but not over $550,000
Over $550,000 but not over $650,000
Over $650,000 but not over $800,000
Over $800,000

Tax
1.4% of taxable income$403 plus 3.2% of excess over $28,800$710 plus 5.5% of excess over $38,400$1,238 plus 6.4% of excess over $48,000$2,774 plus 6.8% of excess over $72,000$4,406 plus 7.2% of excess over $96,000$15,494 plus 7.6% of excess over $250,000$23,094 plus 7.9% of excess over $350,000$30,994 plus 8.25% of excess over $450,000$39,244 plus 9% of excess over $550,000$48,244 plus 10% of excess over $650,000$63,244 plus 11% of excess over $800,000

Head of Household (effective tax year 2027)
Taxable Income
Not over $21,600
Over $21,600 but not over $28,800
Over $28,800 but not over $36,000
Over $36,000 but not over $54,000
Over $54,000 but not over $72,000
Over $72,000 but not over $187,500
Over $187,500 but not over $262,500
Over $262,500 but not over $337,500
Over $337,500 but not over $412,500
Over $412,500 but not over $487,500
Over $487,500 but not over $600,000
Over $600,000

Tax
1.4% of taxable income$302 plus 3.2% of excess over $21,600$533 plus 5.5% of excess over $28,800$929 plus 6.4% of excess over $36,000$2,081 plus 6.8% of excess over $54,000$3,305 plus 7.2% of excess over $72,000$11,621 plus 7.6% of excess over $187,500$17,321 plus 7.9% of excess over $262,500$23,246 plus 8.25% of excess over $337,500$29,433 plus 9% of excess over $412,500$36,183 plus 10% of excess over $487,500$47,433 plus 11% of excess over $600,000Department of Taxation Announcement No. 2024-03
June 3, 2024
Page 5 of 8

Single or Married Filing Separate (effective tax year 2027)
Taxable Income
Not over $14,400
Over $14,400 but not over $19,200
Over $19,200 but not over $24,000
Over $24,000 but not over $36,000
Over $36,000 but not over $48,000
Over $48,000 but not over $125,000
Over $125,000 but not over $175,000
Over $175,000 but not over $225,000
Over $225,000 but not over $275,000
Over $275,000 but not over $325,000
Over $325,000 but not over $400,000
Over $400,000

Tax
1.4% of taxable income$202 plus 3.2% of excess over $14,400$355 plus 5.5% of excess over $19,200$619 plus 6.4% of excess over $24,000$1,387 plus 6.8% of excess over $36,000$2,203 plus 7.2% of excess over $48,000$7,747 plus 7.6% of excess over $125,000$11,547 plus 7.9% of excess over $175,000$15,497 plus 8.25% of excess over $225,000$19,622 plus 9% of excess over $275,000$24,122 plus 10% of excess over $325,000$31,622 plus 11% of excess over $400,000Tax Year 2028

For tax year 2028, the standard deduction amounts will be as follows:Standard Deduction (effective tax year 2028)
Filing Status
Joint or Surviving Spouse
Head of Household
Single or Married Filing Separate

Amount$18,000$13,500$9,000The income tax brackets will be the same as in tax year 2027.
Tax Year 2029
For tax year 2029, the standard deduction amounts will the same as in tax year 2028. The
income tax brackets for tax year 2029 and thereafter will be as follows:Department of Taxation Announcement No. 2024-03
June 3, 2024
Page 6 of 8

Joint or Surviving Spouse (effective tax year 2029)
Taxable Income
Not over $38,400
Over $38,400 but not over $48,000
Over $48,000 but not over $72,000
Over $72,000 but not over $96,000
Over $96,000 but not over $250,000
Over $250,000 but not over $350,000
Over $350,000 but not over $450,000
Over $450,000 but not over $550,000
Over $550,000 but not over $650,000
Over $650,000 but not over $800,000
Over $800,000 but not over $950,000
Over $950,000

Tax
1.4% of taxable income$538 plus 3.2% of excess over $38,400$845 plus 5.5% of excess over $48,000$2,165 plus 6.4% of excess over $72,000$3,701 plus 6.8% of excess over $96,000$14,173 plus 7.2% of excess over $250,000$21,373 plus 7.6% of excess over $350,000$28,973 plus 7.9% of excess over $450,000$36,873 plus 8.25% of excess over $550,000$45,123 plus 9% of excess over $650,000$58,623 plus 10% of excess over $800,000$73,623 plus 11% of excess over $950,000

Head of Household (effective tax Year 2029)
Taxable Income
Not over $28,800
Over $28,800 but not over $36,000
Over $36,000 but not over $54,000
Over $54,000 but not over $72,000
Over $72,000 but not over $187,500
Over $187,500 but not over $262,500
Over $262,500 but not over $337,500
Over $337,500 but not over $412,500
Over $412,500 but not over $487,500
Over $487,500 but not over $600,000
Over $600,000 but not over $712,500
Over $712,500

Tax
1.4% of taxable income$403 plus 3.2% of excess over $28,800$634 plus 5.5% of excess over $36,000$1,624 plus 6.4% of excess over $54,000$2,776 plus 6.8% of excess over $72,000$10,630 plus 7.2% of excess over $187,500$16,030 plus 7.6% of excess over $262,500$21,730 plus 7.9% of excess over $337,500$27,655 plus 8.25% of excess over $412,500$33,842 plus 9% of excess over $487,500$43,967 plus 10% of excess over $600,000$55,217 plus 11% of excess over $712,500

Department of Taxation Announcement No. 2024-03
June 3, 2024
Page 7 of 8

Single or Married Filing Separate (effective tax year 2029)
Taxable Income
Not over $19,200
Over $19,200 but not over $24,000
Over $24,000 but not over $36,000
Over $36,000 but not over $48,000
Over $48,000 but not over $125,000
Over $125,000 but not over $175,000
Over $175,000 but not over $225,000
Over $225,000 but not over $275,000
Over $275,000 but not over $325,000
Over $325,000 but not over $400,000
Over $400,000 but not over $475,000
Over $475,000

Tax1.4% of taxable income$269 plus 3.2% of excess over $19,200$422 plus 5.5% of excess over $24,000$1,082 plus 6.4% of excess over $36,000$1,850 plus 6.8% of excess over $48,000$7,086 plus 7.2% of excess over $125,000$10,686 plus 7.6% of excess over $175,000$14,486 plus 7.9% of excess over $225,000$18,436 plus 8.25% of excess over $275,000$22,561 plus 9% of excess over $325,000$29,311 plus 10% of excess over $400,000$36,811 plus 11% of excess over $475,000
Tax Year 2030

For tax year 2030, the standard deduction amounts will be as follows:Standard Deduction (effective tax year 2030)
Filing Status
Joint or Surviving Spouse
Head of Household
Single or Married Filing Separate

Amount$20,000$15,000$10,000

Tax Year 2031
For tax years 2031 and thereafter, the standard deduction amounts will be as follows:Standard Deduction (effective tax year 2031)
Filing Status
Joint or Surviving Spouse
Head of Household
Single or Married Filing Separate

Amount$24,000$18,000$12,000

Department of Taxation Announcement No. 2024-03
June 3, 2024
Page 8 of 8

If you have any questions about this Tax Announcement or Act 46, please contact theRules Office at 808-587-1530, or via email at Tax.Rules.Office@hawaii.gov.

GARY S. SUGANUMA
Director of Taxation