SCorpDesk / 2026 S-Corp & QBI Guides / Hawaii (HI) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
Hawaii (HI) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
What are the 2026 S-Corp tax and PTET rules in Hawaii?
In Hawaii (HI), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form N-35). For the Pass-Through Entity Tax (PTET) deduction: 9.0% Hawaii Pass-Through Entity Tax Election. Entity-level franchise/minimum tax: GET (4.0%-4.5%) Applies to Gross Receipts.
In Hawaii (HI), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form N-35). For the Pass-Through Entity Tax (PTET) deduction: 9.0% Hawaii Pass-Through Entity Tax Election. Entity-level franchise/minimum tax: GET (4.0%-4.5%) Applies to Gross Receipts.
Open Hawaii 2026 S-Corp & 20% Permanent QBI Calculator
2026 Hawaii (HI) S-Corporation Statutory Tax Matrix
| Hawaii S-Corp Compliance Area | 2026 Statutory Rule |
|---|---|
| State S-Corp Election Recognition | Recognizes Federal Form 2553 (Form N-35) |
| Pass-Through Entity Tax (PTET) Election | 9.0% Hawaii Pass-Through Entity Tax Election |
| Annual Minimum / Franchise Tax | GET (4.0%-4.5%) Applies to Gross Receipts |
| Federal Section 199A QBI Deduction | Up to 23% of qualified K-1 income under Public Law 119-21 |
| Home Office & Mileage Deduction Method | Must use an IRC Section 62(c) Corporate Accountable Plan |
Frequently Asked Questions
Does Hawaii require a separate state S-Corp election in 2026?
For Hawaii (HI): Recognizes Federal Form 2553 (Form N-35).
What is the Hawaii S-Corp franchise or minimum tax for 2026?
In Hawaii: GET (4.0%-4.5%) Applies to Gross Receipts.