Instructions for Form N-35 S Corporation Income Tax Return - Hawaii

Form N-35 S Corporation Income Tax Return - Hawaii

This document contains official instructions for Form N-35 , S Corporation Income Tax Return - a form released and collected by the Hawaii Department of Taxation. An up-to-date fillable Form N-35 is available for download through this link.

FAQ

Q: What is Form N-35?
A: Form N-35 is the S Corporation Income Tax Return for the state of Hawaii.

Q: Who needs to file Form N-35?
A: S corporations that conduct business in Hawaii and have elected to be treated as a Hawaii S corporation for tax purposes need to file Form N-35.

Q: What information is required to fill out Form N-35?
A: You will need to provide information about your S corporation's income, deductions, credits, and other relevant financial details.

Q: When is Form N-35 due?
A: Form N-35 is due on the 15th day of the 4th month following the close of the taxable year. For most S corporations, the due date is April 15th.

Q: Are there any filing fees for Form N-35?
A: Yes, there is a $25 filing fee for each Form N-35 filed.

Q: Are there any penalties for late filing of Form N-35?
A: Yes, if you fail to file Form N-35 by the due date, you may be subject to penalties and interest on any unpaid tax liability.