Our hourly paycheck calculator software is engineer tested for accuracy each time you use it. It also uses a constantly updated tax engine/database to ensure proper tax withholding and make the calculator even easier to use. All in all, you can count on our paycheck calculators to eliminate the stress and lost time that used to accompany your payroll process.
Here are three of the most frequently-asked-questions about our hourly paycheck calculator and Hawaii income taxes:
- Does Hawaii have a state income tax?
Yes, Hawaii’s state income taxes are based on a progressive system.
- How much do Hawaii residents pay in state income tax?
Hawaii has some of the highest state income tax rates in the country. They currently stand between 1.4% and 11%.
- How does Hawaii tax capital gains?
Hawaii taxes capital gains at a rate of 7.2%, regardless of the investor’s tax bracket.