Form G-54 And Form G-55 - Instructions For Amended General Excise/use Tax Returns
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1INSTRUCTIONS
STATE OF HAWAII — DEPARTMENT OF TAXATION
FORM G-54
INSTRUCTIONS FOR AMENDED
FORM G-55
(REV. 2006)
GENERAL EXCISE/USE TAX RETURNS
Saturday, Sunday, or legal holiday.
This penalty is applicable to
Important:
If a payment is being made with Form G-54 or G-55,
amended returns for timely filed original returns. Interest at the rate of
attach your check or money order payable to “Hawaii State Tax
2/3 of 1% per month or part of a month shall be assessed on unpaid
Collector” in U.S. dollars drawn on any U.S. bank and Form VP-1, Tax
taxes and penalties assessed beginning with the first calendar day after
Payment Voucher, to Form G-54 or G-55. Write “GE”, the filing period,
the date prescribed for payment, whether or not that first calendar day
and your Hawaii Tax I.D. No. on your check or money order.
falls on a Saturday, Sunday, or legal holiday.
9. Add Part VI, lines 9 and 10 and enter the total on Part VI, line 11.
WHEN TO USE AN AMENDED
10. Enter on Part VI, line 12 the amount of any payment being made with
GENERAL EXCISE/USE TAX RETURN:
the amended return.
11. If any exemptions/deductions are claimed, complete and attach
1. Amended General Excise/Use Tax Returns are used to correct
Schedule GE to the amended return.
The amount and type of
previously filed returns which contain errors.
exemptions/deductions claimed must be individually listed even if
2. The Amended Periodic General Excise/Use Tax Return, Form G-54, is
reported correctly on the original return filed.
used to correct a previously filed General Excise/Use Tax Return, Form
12. Enter the total of all exemptions/deductions reported on Schedule GE on
G-45. Do NOT use this form if the General Excise/Use Tax Annual
Part VI, line 13.
Return & Reconciliation, Form G-49, has already been filed for the tax
year.
LINE-BY-LINE INSTRUCTIONS — FORM G-55
3. The Amended General Excise/Use Tax Annual Return and Reconciliation,
AMENDED ANNUAL RETURN
Form G-55, is used to correct a previously filed General Excise/Use Tax
Annual Return & Reconciliation, Form G-49.
IMPORTANT: Complete Parts IV and V on page 2 of the Form G-55
before completing Part VI that is on page 1 of the form.
GENERAL INSTRUCTIONS
1. In Parts I, II, III, IV, and V, enter the correct amounts of values, gross
1. Enter the period and/or year which is being amended, your name as it
proceeds or gross income, exemptions/deductions, taxable income, and
appears on your general excise tax license, the last 4 digits of your FEIN
taxes due which should have been reported on the original General
or SSN, and your Hawaii Tax I.D. No. in the spaces provided.
Excise/Use Tax Annual Return & Reconciliation (Form G-49). In Part V,
enter the correct assignment of taxes by District which should have been
2. Follow the line-by-line instructions below for completing the returns.
reported on the original Form G-49. On Part VI, line 1, enter the correct
3. The return must be signed by the individual taxpayer, partner or
amount of total taxes due which should have been reported on the
member, corporate officer, or other individual authorized to sign tax
original Form G-49. Entries which were correctly reported on the original
returns on behalf of the taxpayer.
return also must be entered on the appropriate line(s). Failure to do
so will result in a change from the correct amount to -0-.
4. Submit the completed return to:
2. Enter on Part VI, line 2 the amounts of any penalty and/or interest
HAWAII DEPARTMENT OF TAXATION
assessed as of the date the amended return is filed. Penalty and interest
P.O. BOX 1425
are generally assessed because the original returns were filed after the
HONOLULU, HI 96806-1425
filing deadline or because the taxes due were not paid in full by the filing
IMPORTANT:
BE SURE TO KEEP A COPY OF THE COMPLETED
deadline.
AMENDED RETURN FOR YOUR RECORDS.
3. Add Part VI, lines 1 and 2 and enter the total on Part VI, line 3.
4. Enter on Part VI, lines 4 through 6 the amounts of any taxes, additional
LINE-BY-LINE INSTRUCTIONS — FORM G-54
assessments, and penalty and/or interest paid for the period. Include
AMENDED PERIODIC RETURN
payments made with the original periodic and annual returns as well as
any supplemental payments made after they were filed. REMINDER:
IMPORTANT: Complete Parts IV and V on page 2 of the Form G-54
Payments are applied first to recover collection costs incurred by the
before completing Part VI that is on page 1 of the form.
Department, then to any interest due, then to penalties, and finally, to
taxes.
1. In Parts I, II, III, IV, and V, enter the correct amounts of values, gross
proceeds or gross income, exemptions/deductions, taxable income, and
5. Add Parts VI, lines 4 through 6 and enter the total on Part VI, line 7.
taxes due which should have been reported on the original periodic
6. Enter credit claimed on the original annual return on Part VI, line 8.
General Excise Tax Return (Form G-45). In Part V, enter the correct
assignment of taxes by District which should have been reported on the
7. Subtract Part VI, line 8 from Part VI, line 7 and enter the result on Part
original Form G-45. On Part VI, line 1, enter the correct amount of total
VI, line 9.
taxes due which should have been reported on the original Form G-45.
8. If Part VI, line 9 is larger than Part VI, line 3, subtract line 3 from line 9
Entries which were correctly reported on the original return also must be
and enter the result on Part VI, line 10.
entered on the appropriate line(s). Failure to do so will result in a
change from the correct amount to -0-.
9. If Part VI, line 3 is larger than Part VI, line 9, subtract line 9 from line 3
and enter the result on Part VI, line 11.
2. Enter on Part VI, line 2, the amounts of any penalty and/or interest
assessed as of the date the amended return is filed.
Penalty and
10. If the amended return is being filed after the due date of the original
interest are generally assessed because the original return was filed
return, and if there is an amount entered on Part VI, line 11, enter on
after the filing deadline or because the taxes due were not paid in full by
Part VI, line 12 the amount of any penalty and/or interest now due. On a
the filing deadline.
timely filed original return, a penalty of 20% of the tax due will be
assessed if any tax remains unpaid after 60 days from the prescribed
3. Add Part VI, lines 1 and 2 and enter the total on Part VI, line 3.
due date of the return. The 60-day period is calculated beginning with
4. Enter on Part VI, lines 4 through 6 the amounts of any taxes, additional
the prescribed due date even if the prescribed due date falls on a
assessments, and penalty and/or interest paid for the period.
Include
Saturday, Sunday, or legal holiday.
This penalty is applicable to
payments made with the original return as well as any supplemental
amended returns for timely filed original returns. Interest at the rate of
payments made after the original return was filed. REMINDER: Payments
2/3 of 1% per month or part of a month shall be assessed on unpaid
are applied first to recover collection costs incurred by the Department, then
taxes and penalties assessed beginning with the first calendar day after
to any interest due, then to penalties, and finally, to taxes.
the date prescribed for payment, whether or not that first calendar day
falls on a Saturday, Sunday, or legal holiday.
5. Add Part VI, lines 4 through 6 and enter the total on Part VI, line 7.
11. Add Part VI, lines 11 and 12 and enter the total on Part VI, line 13.
6. If Part VI, line 7 is larger than Part VI, line 3, subtract line 3 from line 7
and enter the result on Part VI, line 8. This is the amount of credit to be
12. Enter on Part VI, line 14 the amount of any payment being made with
refunded.
the amended return. If the amended return is being filed after the due
date of the original return, include any additional penalty and interest in
7. If Part VI, line 3 is larger than Part VI, line 7, subtract line 7 from line 3
your payment.
and enter the result on Part VI, line 9.
13. If any exemptions/deductions are claimed, complete and attach Schedule
8. If the amended return is being filed after the due date of the original
GE
to
the
amended
return.
The
amount
and
type
of
return, and if there is an amount entered on Part VI, line 9, enter on Part
exemptions/deductions claimed must be individually listed even if reported
VI, line 10 the amounts of any penalty and/or interest now due. On a
correctly on the original return filed.
timely filed original return, a penalty of 20% of the tax due will be
assessed if any tax remains unpaid after 60 days from the prescribed
14. Enter the total of all exemptions/deductions reported on Schedule GE on
due date of the return. The 60-day period is calculated beginning with
Part VI, line 15.
the prescribed due date even if the prescribed due date falls on a
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