This document contains official instructions for Form N-342C , Composite Information Statement for Form N-342 - a form released and collected by the Hawaii Department of Taxation. An up-to-date fillable Form N-342C is available for download through this link.
Q: What is Form N-342C?
A: Form N-342C is the Composite Information Statement for Form N-342.
Q: What is Form N-342?
A: Form N-342 is a form specific to Hawaii for reporting income and withholding taxes.
Q: Who needs to file Form N-342C?
A: Form N-342C needs to be filed by partnerships and S corporations that have income from Hawaii sources.
Q: What information is required on Form N-342C?
A: Form N-342C requires the composite income and withholding information for each nonresident partner or shareholder.
Q: When is the deadline to file Form N-342C?
A: Form N-342C must be filed on or before the due date of the partnership or S corporation's return.
Q: Are there any penalties for late filing of Form N-342C?
A: Yes, there are penalties for late filing of Form N-342C. It is important to file on time to avoid them.
Q: Can Form N-342C be filed electronically?
A: No, Form N-342C cannot be filed electronically. It must be filed by mail.
Q: Is Form N-342C required for resident partners or shareholders?
A: No, Form N-342C is only required for nonresident partners or shareholders.
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.