RE: A Listing of New Tax Forms, Instructions, and Schedules;
Errors Found on Hawaii Tax Forms As of March 23, 1995
NEW TAX FORMS, INSTRUCTIONS, AND SCHEDULES FOR 1994
1. Form N-13EZ, "Individual Income Tax Return - Resident - For Single and Joint Filers With No Dependents and Adjusted Gross Income of Less Than $30,000"
2. Instructions for Form N-13EZ (these instructions have been incorporated into the Instructions for Form N-13)
3. Separate Instructions for Form N-139 - Moving Expenses (these instructions were previously on the back of Form N-139)
TAX FORM ERRORS
A number of errors have been found on 1994/1995 Hawaii tax forms issued by the Department of Taxation. The list below reflects the errors identified as of March 23, 1995.
1. Instructions On Page 3, second column, under XV. Payment of Form F-1 Tax, "Line 46" should read "Line 48." 2. Forms N-1 and N-1A In the 1995 Estimated Tax Work Sheet, Line 13, which reads ". . . (line 10 minus line 12) . . .", should read ". . . (line 11c minus line 12) . . . ." 3. Instructions On Page 1, first column, instructions for Who Must Form N-20 File, which reads ". . . The partnership return shall . . . If all of the partners . . . If one or more of the partners . . . from sources without Hawaii.", should read ". . . The partnership return shall include the income, deductions, and credits attributable everywhere together with the income, deductions, and credits attributable only to Hawaii." On Page 5, first column, instructions for Schedule K and Schedule K-1, which reads ". . . should equal the amounts reported in column (g) in Schedule M of Form N-20.", should read ". . . should equal the amount reported on line 9 in Schedule M-2 of Form N-20." 4. Instructions On Page 1, first column, under Purpose of Schedule Schedule K-1 K-1, which reads ". . . Partners who are Hawaii (Form N-20) residents are to report the total sum of the income, deductions, and credits attributable to Hawaii and the income, deductions, and credits attributable elsewhere.", should read ". . . Partners who are Hawaii residents are to report the income, deductions, and credits attributable everywhere." 5. Form N-30 On Page 1, Line 37, which reads ". . . Credited to 1994 estimated tax", should read ". . . Credited to 1995 estimated tax." On Page 3, Additional Information, Line 5, which reads ". . . for the calendar year 1993?", should read ". . . for the calendar year 1994?" 6. Schedule D On Page 2, In the third column of the (Form N-30/n-70NP) Instructions, which reads "Also use Form N-171 if the corporation received a payment in 1993 . . .", should read "Also use Form N-171 if the corporation received a payment in 1994 . . . ." 7. Form N-35 On Page 3, Line 12b, delete "(attach Form N-312)" 8. Schedule D On Page 2, Line 37c, which reads "Line 37a minus (Form N-40) line 37c . . . ", should read "Line 37a minus line 37b . . . ." 9. Form N-139 On Page 2, Line 7, which reads "Multiply line 6 by 50% (.50)", should read "Multiply line 6 by 80% (.80)." On Page 2, Line 12, which reads "Multiply line 11 by 50% (.50)", should read "Multiply line 11 by 80% (.80)." 10. Form N-152 On Page 1, Part III, Line 15, which reads "Divide line 5 by line 6 . . .", should read "Divide line 5 by line 7 . . . . " 11. Form N-210 On Page 1, Part III, Line 14, which reads "Line 12 minus line 13. If zero or less, enter -0-", should read "Line 12 minus line 13. If zero or less, enter -0-. For column (a) only, enter the amount from line 10." 12. Instructions On Page 2, column 2, in the instructions for Form N-210 Schedule A, which reads "1. Enter the amount from Schedule A, line 24 . . .", should read "1. Enter the amount from Schedule A, line 25 . . . ." On Page 2, column 2, in the instructions for Nonresident Alien, which reads "3. Increase the amount on line 15 . . .", should read "3. Increase the amount on line 16 . . . ." On Page 2, column 2, in the instructions for Nonresident Alien, which reads "4. Enter in column (b) of line 20 . . .", should read "4. Enter in column (b) of line 21 . . . ." On Page 2, column 2, in the instructions for Nonresident Alien, which reads "5. Skip column (b), lines 18, and 21.", should read "5. Skip column (b), lines 19, and 22." On Page 2, column 3, which reads "Line 11 -", should read "Line 12 -." On Page 2, column 3, which reads "Line 12 -", should read "Line 13 -." On Page 2, column 3, which reads "Line 14 -", should read "Line 15 -." 13. Form N-312 On Page 1, Line 6, which reads ". . . on Form F-1, line 46 . . .", should read ". . . on Form F-1, line 49 . . . ."
/s/
RAY K. KAMIKAWA
Director of Taxation