Posts: 7
Threads: 3
Joined: Mar 2006
Aloha everybody.Maybe you know, I am a student from Slovakia an I will work on Big Island this summer- for four months(with my boyfriend too).
I have one question for you. How it is with taxes on Hawaii? Are different taxes for housing, work and foodstuff?
Thank you very much.Michaela.
Michaela Kuchtova
Michaela Kuchtova
Posts: 2,312
Threads: 59
Joined: Jun 2003
There is a 4.1667% General Excise Tax on everything you buy and it is added to all services too. Assuming you will have a permit to work, you will have to pay Federal Tax, Social Security Tax and Hawaii State Tax. If you are an empoyee your employer will deduct these from your paycheck and you will have to file a reconciliation for the year between 1/1 and 4/15. If you will be self-employed, you have to get a General Excise Tax number and file all your taxes by yourself.
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB,RB
http://www.JohnRabi.com
Typically Tropical Properties
75-5870 Walua Road, Suite 101
Kailua-Kona, HI 96740
(808)327-3185
Posts: 7
Threads: 3
Joined: Mar 2006
OK. So how is Federal Tax, SS Tax and Hawaii State Tax? ( percentage)
Thank you. I appreciate it.
Michaela
Michaela Kuchtova
Michaela Kuchtova
Posts: 2,312
Threads: 59
Joined: Jun 2003
Those depend on your income level as to what tax bracket you are in. The more you make the more you pay. (At least that is how it is supposed to be.)
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB,RB
http://www.JohnRabi.com
Typically Tropical Properties
75-5870 Walua Road, Suite 101
Kailua-Kona, HI 96740
(808)327-3185
