Step-By-Step Instructions For Filling In Your Form G-45 (Periodic Return) (Page 2 of 11) in pdf

When Form G-45, Column b is Greater Than Column a

to but not more than Column a. The remainder of the available

exemption/deduction would then be reported on the subsequent

In the event that your exemptions/deductions (Column b) for

period’s Form G-45. You are unable to claim a refund for the amount

the period exceeds your gross income (Column a), it is highly

that results in a negative tax consequence on the periodic return.

recommended that you enter an amount in Column b that is equal

THE TOP OF THE TAX RETURN (Figure 1)

Step 1 — Fill in (darken) the oval for “Month” and complete the filing

Step 3 — If you have received notification of your one-time event

period information with the appropriate numeric (two digit) month

identification number, enter your number in the area provided. If

and year of your filing period (e.g., Month of January 2013 = 01/13).

you have not been assigned a number, leave the area blank.

Step 2 — Write your name here. Individuals, write your last name

Step 4 — Enter the last 4 digits of your FEIN or SSN.

first.

Figure 2. How to Fill in the Columns for General Excise Taxes

PART I — GENERAL EXCISE TAXES @ ½ OF 1% (.005) (Figure 2)

NOTE: Sugar processing and pineapple canning should be

of Exemptions and Deductions. Write the activity code for which

reported under the “Manufacturing” activity.

the exemption/deduction is being claimed and the description of

the exemption/deduction. If you write the Hawaii Revised Statutes

Step 5 — Enter the gross income from your business activity or

(HRS) section number of the exemptions/deductions you are

activities in Column a on the applicable business activity line(s). If

claiming, it will speed the processing of your return, and minimize

you did not derive any income from your business activity during

the chances of us misunderstanding what you are claiming. Please

this period, enter zero (0) on the applicable line(s).

see the schedules of exemptions and deductions for general excise

If a promoter, a contractor, or other person withheld general excise

and use tax contained in these instructions for more information.

or use tax and paid it to the Department on your behalf, do not

Any taxpayer (except most nonprofit organizations) claiming

enter the amount paid or the income on which tax was withheld.

any GET or use tax exemptions/deductions for tax years 2010,

These amounts will, however, need to be included on your annual

2011, and/or 2012 is required to file Schedule GE-1 online at

reconciliation return.

See

Department

Taxation

Announcement No. 2011-26 for more information.

Step 6 — If you have allowable exemptions/deductions, enter the

total in Column b on the appropriate business activity line(s). If

IMPORTANT: Most deductions allowed on net income tax returns

you do not have any exemptions/deductions, enter zero (0) on the

(e.g., operating expenses or cost of goods sold) are NOT deductible

applicable line(s). IF Column b is more than Column a, see “When

on the GET returns.

Form G-45, Column b is Greater Than Column a” on Page 1.

Step 7 — For each activity you engage in, subtract Column b from

If you are claiming exemptions/deductions in Column b, complete

Column a and enter the result in Column c, Taxable Income. If the

Schedule GE (Form G-45/G-49), General Excise/Use Tax Schedule

result is zero, enter zero (0).

Figure 3. How to Fill in the Columns for Use Taxes

USE TAXES @ ½ OF 1% (.005) (Figure 3)

Step 8 — Enter the landed value of tangible personal property,

CAUTION: Taxes paid for manufacturing, extraction, and the like,

services, or contracting imported into Hawaii in Column a.

as well as license fees or transfer taxes, MAY NOT be taken as a

credit against Hawaii use taxes due.

Step 9 — If you have allowable exemptions/deductions, enter the

total in Column b. If you do not have any exemptions/deductions,

The following steps should be taken to claim the offset when

enter zero (0). IF Column b is more than Column a, see “When

reporting the use tax on the Forms G-45 and G-49.

Form G-45, Column b is Greater Than Column a.”

Offset the use tax:

A use tax and GET offset may be claimed for taxes paid to another

Step A– Enter the value of the imported property in Column a of

state on property, services, or contracting imported into the State

Use Tax on Imports For Resale or Use Tax on Imports

for resale.

for Consumption, as applicable, and determine the exact

amount of use tax due on that property.

Page 2

Step-By-Step Instructions For Filling In Your Form G-45 (Periodic Return) Page 2

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