This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form N-66 for the current year.
This document contains official instructions for Form N-66 , Real Estate Mortgage Investment Conduit Income Tax Return - a form released and collected by the Hawaii Department of Taxation. An up-to-date fillable Form N-66 is available for download through this link.
Q: What is Form N-66?
A: Form N-66 is the Real Estate Mortgage Investment Conduit (REMIC) Income Tax Return for the state of Hawaii.
Q: Who needs to file Form N-66?
A: Any entity classified as a REMIC under federal tax law and conducting business in Hawaii must file Form N-66.
Q: What is a REMIC?
A: REMIC stands for Real Estate Mortgage Investment Conduit. It is a special type of entity that invests in mortgage loans and issues mortgage-backed securities.
Q: What information is required on Form N-66?
A: Form N-66 requires information about the REMIC's income, deductions, credits, and tax liability in Hawaii.
Q: When is the due date for filing Form N-66?
A: Form N-66 must be filed by the 20th day of the fourth month following the close of the REMIC's tax year.
Q: Are there any penalties for late filing of Form N-66?
A: Yes, there are penalties for late filing. It is important to file the form by the due date to avoid any potential penalties.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the Hawaii Department of Taxation.