This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form N-325 for the current year.
This document contains official instructions for Form N-325 , Historic Preservation Income Tax Credit - a form released and collected by the Hawaii Department of Taxation. An up-to-date fillable Form N-325 is available for download through this link.
Q: What is Form N-325?
A: Form N-325 is a form used in Hawaii for claiming the Historic Preservation Income Tax Credit.
Q: What is the Historic Preservation Income Tax Credit?
A: The Historic Preservation Income Tax Credit is a tax incentive program in Hawaii that provides a credit for the costs associated with rehabilitating historic properties.
Q: Who can claim the Historic Preservation Income Tax Credit?
A: Property owners who have undertaken rehabilitation work on a historic property in Hawaii may be eligible to claim the Historic Preservation Income Tax Credit.
Q: What is the purpose of Form N-325?
A: Form N-325 is used to report and claim the Historic Preservation Income Tax Credit in Hawaii.
Q: What information is required on Form N-325?
A: Form N-325 requires essential information such as the property owner's name, address, and Social Security number, details about the historic property, and information about the rehabilitation costs.
Q: When is the deadline for filing Form N-325?
A: The deadline for filing Form N-325 is usually April 20th of the year following the completion of the historic property rehabilitation work.
Q: Are there any fees associated with filing Form N-325?
A: There are no filing fees associated with Form N-325.
Q: Can I file Form N-325 electronically?
A: No, Form N-325 cannot be filed electronically. It must be filed by mail or in person.
Q: What documents should be attached to Form N-325?
A: Supporting documents such as invoices, receipts, and photographs of the rehabilitation work should be attached to Form N-325 to support the historic preservation income tax credit claim.
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.