Instructions for Form TA-1 Transient Accommodations Tax Return for Periods Beginning After December 31, 2017 - Hawaii

Form TA-1 Transient Accommodations Tax Return - Hawaii

This document contains official instructions for Form TA-1 , Transient Accommodations Tax Return for Periods Beginning After December 31, 2017 - a form released and collected by the Hawaii Department of Taxation. An up-to-date fillable Form TA-1 is available for download through this link.

FAQ

Q: What is Form TA-1?A: Form TA-1 is the Transient Accommodations Tax Return for periods beginning after December 31, 2017 in Hawaii.

Q: Who needs to file Form TA-1?A: Any individual or business that operates transient accommodations in Hawaii needs to file Form TA-1.

Q: What is Transient Accommodations Tax?A: Transient Accommodations Tax is a tax imposed on the gross rental income derived from transient accommodations in Hawaii.

Q: When is the deadline for filing Form TA-1?A: The deadline for filing Form TA-1 is the last day of the month following the end of the reporting period.

Q: Are there any penalties for late filing or non-filing?A: Yes, there are penalties for late filing or non-filing of Form TA-1. The penalties can range from late filing penalties to substantial understatement penalties.

Q: What should be included in the gross rental income reported on Form TA-1?A: The gross rental income reported on Form TA-1 should include all fees, charges, or other consideration received for the right to use or occupy the transient accommodation.

Q: Are there any exemptions or exclusions from the Transient Accommodations Tax?A: Yes, there are certain exemptions and exclusions from the Transient Accommodations Tax. These include rentals to federal employees, certain schools or nonprofit organizations, and certain long-term rentals.