In-state Residents Home Exemption Changes

In-state Residents Home Exemption Changes

 

Residents who have qualified for exemptions in the past must now file a state resident income tax form or risk being disqualified…regarding the upcoming Home Exemption date of December 31 if filing for Owner Occupants. In a nutshell, one must prove residency in Hawaii. The Maui County Council changed the requirements in 2012 to ensure that those homeowners receiving exemption were in-state residents.

Thanks to Fidelity National Title and Escrow of Hawaii / Reta Chin-Chiarella for this update.