Instructions for Form N-210 Underpayment of Estimated Tax by Individuals, Estates, and Trusts - Hawaii

Form N-210 Underpayment of Estimated Tax by Individuals, Estates, and Trusts - Hawaii

This document contains official instructions for Form N-210 , Underpayment of Estimated Tax by Individuals, Estates, and Trusts - a form released and collected by the Hawaii Department of Taxation. An up-to-date fillable Form N-210 is available for download through this link.

FAQ

Q: What is Form N-210?
A: Form N-210 is a tax form used by individuals, estates, and trusts in Hawaii to calculate and report any underpayment of estimated tax.

Q: Who needs to file Form N-210?
A: Individuals, estates, and trusts in Hawaii who did not pay enough estimated tax during the year need to file Form N-210.

Q: What is the purpose of Form N-210?
A: The purpose of Form N-210 is to determine if an individual, estate, or trust owes additional tax due to underpayment of estimated tax.

Q: When is Form N-210 due?
A: Form N-210 is due on the same day as your Hawaii income tax return, which is typically April 20th.

Q: How do I calculate the underpayment penalty?
A: The underpayment penalty is calculated using Form N-210. The form provides instructions on how to calculate the penalty based on the amount of underpayment and the number of days it occurred.

Q: Can I e-file Form N-210?
A: No, you cannot e-file Form N-210. It must be filed by mail with the Hawaii Department of Taxation.

Q: What happens if I don't file Form N-210?
A: If you do not file Form N-210 and you had an underpayment of estimated tax, you may be subject to penalties and interest on the amount owed.