Three ways those affected by lava can get tax relief
Help for taxpayers affected by the lava disaster in Puna is on the way.
PUNA, Hawaii - Help for taxpayers affected by the lava disaster in Puna is on the way.
Governor David Ige directed the State Tax Department to provide relief in three ways:
- Opportunity for extensions to file and pay taxes
- Allowing taxpayers to claim all of the casualty loss deductions allowed on federal tax return forms on their state returns
- A general excise tax exemption for insurance monies received because of a natural disaster.
Forms and additional information are available on the state's tax department's website.