Yes, The Hawaii Department of Taxation requires filing 1099 Forms.
Yes, Hawaii participates in the CF/SF program.
You must file the required 1099 forms only if there is any state tax withholding.
Yes, the state of Hawaii mandates filing the Annual Reconciliation Form HW-3 if there is state tax withholding.
Form HW-3 is an annual reconciliation used to report the wages paid and taxes withheld during the year.
The filing due date for both Form 1099 & HW-3 is the last day of February.
A penalty is assessed at the rate of 5% per month, or part of a month, up to a maximum rate of 25% for each form that is not filed on time, in addition to the standard penalties for filing a federal 1099 late. Learn more about the Form 1099 penalties in detail by visiting https://www.taxbandits.com/form-1099-series/1099-misc-penalties/.