HNL Real Property Tax Credit - App Deadline Sep 30

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The City & County of Honolulu offers a real property tax credit to property owners who meet certain eligibility requirements. If you qualify, you are entitled to a tax credit equal to the amount of taxes owed for the 2019 – 2020 tax year that exceed 3% of the titleholders’ combined gross income.

You may quality but not benefit. If the assessed tax for 2019-2020 is less than 3% of total gross income, no tax credit will be applicable.

What are the Eligibility Requirements?

Any property owner(s) who applies and meets all the following eligibility requirements will be granted a real property tax credit:

1. You must have a home exemption in effect on the property at the time of application and during the tax year July 1, 2020 – June 30, 2021.

2. Any of the titleholders do not own any other property anywhere.

3. Combined gross income of all titleholders for the 2018 calendar year does not exceed $60,000. Gross income includes all taxable and non-taxable income for the 2018 calendar year.

4. None of the titleholders have violated ROH Sec. 8-13.5, Penalties, by filing a fraudulent application or attesting to any false statements with the intent to defraud the city or evade the payment of real property taxes or in any manner intentionally deceives or attempts to deceive the city.

This information was taken from the Honolulu City & County brochure on the topic. Please contact the City & County directly for further information!