Form N-358 Healthcare Preceptor Income Tax Credit - Hawaii

What Is Form N-358?

This is a legal form that was released by the Hawaii Department of Taxation - a government authority operating within Hawaii. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form N-358?
A: Form N-358 is a healthcare preceptor income tax credit form in Hawaii.

Q: Who can use Form N-358?
A: Healthcare preceptors in Hawaii can use Form N-358.

Q: What is a healthcare preceptor?
A: A healthcare preceptor is a licensed healthcare professional who provides supervision and training to students in a clinical setting.

Q: What is the purpose of Form N-358?
A: The purpose of Form N-358 is to claim the healthcare preceptor income tax credit in Hawaii.

Q: What is the healthcare preceptor income tax credit?
A: The healthcare preceptor income tax credit is a credit that healthcare preceptors in Hawaii can claim on their state income tax return.

Q: How do I claim the healthcare preceptor income tax credit?
A: To claim the healthcare preceptor income tax credit, you need to complete Form N-358 and attach it to your Hawaii state income tax return.

Q: What expenses qualify for the healthcare preceptor income tax credit?
A: Expenses related to providing supervision and training to healthcare students in a clinical setting qualify for the healthcare preceptor income tax credit.

Q: Is there a limit to the healthcare preceptor income tax credit?
A: Yes, the healthcare preceptor income tax credit is limited to $5,000 per year.

Q: Are there any eligibility requirements for the healthcare preceptor income tax credit?
A: Yes, to be eligible for the healthcare preceptor income tax credit, you must be a licensed healthcare professional in Hawaii and provide supervision and training to healthcare students.