Hawaii Paycheck Calculator 2024 is offering you to check your take-home salary. Every state has their tax policies according to which the deductions are withheld from the worker’s salary. In this blog, we will give you all the details of the Hawaii Paycheck Calculator according to which the paychecks are deposited in Hawaii.
Your estimated income you are taking home
Where is your money going?
Gross Paycheck
-
-
Taxes
-
-
Federal Taxes
-
-
State Income
-
-
Local Income
-
-
FICA and State Insurance Taxes
-
-
Pre-Tax Deductions
-
-
Post-Tax Deductions
-
-
Take Home Salary
-
-
Almost every employee knows about holding taxes which include social its, state taxes, Medicare taxes, retirement plans and many more which ultimately decrease your paychecks. Deducting all these taxes from the gross salary, the remaining amount is called the net pay of an employee.
With Hawaii Paycheck Calculator 2024, you can easily calculate your net pay after tax deductions according to the Hawaii legislation, which, has 12 tax bands income tax system. The tax here ranges from 1.40% to 11% with NO local income tax.
Hawaii is a US state located on the Pacific Ocean, it is also known as Aloha State. Six beautiful islands make Hawaii state. Life in Hawaii is quite luxurious and expensive. It is hard for people with small jobs or little businesses to afford to live there.
Oahu is the centre of Hawaii having the most job opportunities and a huge population. Because of the increased population, it’s a bit difficult to have a new job here.
Hawaii Payroll Tax Facts:
- Hawaii citizens must pay federal and state payroll taxes, but they are exempt from local taxes.
- Hawaii State has an income tax ranging from 1.4% to 11%, with 12 tax brackets based upon the employee’s income and filing status.
- According to the US Census Bureau, the average household income in Hawaii is $74923.
- The minimum pay rate for employees in Hawaii is $10.10, and it is $9.35 for tipped personnel, with a maximum tip credit of $0.75.
- Hawaii State has no reciprocal agreements with other states of the US.
- In Hawaii, the State Disability Insurance (SDI) Tax is also collected from employee paychecks at a rate of 0 to 5.6% of the first taxable wage which is $46800, and for the freshers, it is 2.4% per employee.
- The minimum payment required for good living in Hawaii is almost $122,000 per year take-home salary.
- 2.7% is the unemployment rate in Hawaii.
Hawaii Paycheck Calculation
Calculating paychecks is one of the most difficult tasks but Hawaii Paycheck Calculator made it easy for you to calculate your take-home salary in simple steps. To know your net salary you have to go through this article.
Calculation Of Gross Pay
For the gross pay calculation, you must be knowing whether you are being paid hourly or on a salary basis.
Hawaii Hourly and Salary-Based Paycheck Calculator
Hourly-based employees are paid according to their working hours and are also paid extra for overtime other than their regular working hours. In most states, the extra hours are spent 1.5 times the regular hourly rate.
Whereas, the salary is paid by the end of the month or biweekly in some states. Salary-based employees are excluded from overtime wages. Our Hawaii Paycheck Calculator made these calculations simple for the employees working in Hawaii.
One thing to be noted here is that all the commissions, bonuses and even the paid leaves double time all the taxable wages.
Pre-Tax Deductions
The pre-tax deduction is the amount that is deducted from the salary before all the taxes. These amounts are certain advantages being taken by the employee which have to be substrate from his salary. Pre-tax deductions can be health insurance, medical allowances, certain retirement funds, vision benefits, short-term disability, etc.
Deduction of Federal Taxes
Federal taxes are mandatory to be paid by every employee. The w-4 form provided by the employees has all the details. It contains all the details related to income tax, number of dependents, number of jobs, filing status and number of allowances, etc. Federal tax in Hawaii ranges from 0% to 37% depending upon the filing status and other details.
Single Filers | |
Taxable Income | Rate |
$0 – $9,700 | 10% |
$9,700 – $39,475 | 12% |
$39,475 – $84,200 | 22% |
$84,200 – $160,725 | 24% |
$160,725 – $204,100 | 32% |
$204,100 – $510,300 | 35% |
$510,300+ | 37% |
Married, Filing Jointly | |
Taxable Income | Rate |
$0 – $19,400 | 10% |
$19,400 – $78,950 | 12% |
$78,950 – $168,400 | 22% |
$168,400 – $321,450 | 24% |
$321,450 – $408,200 | 32% |
$408,200 – $612,350 | 35% |
$612,350+ | 37% |
Married, Filing Separately | |
Taxable Income | Rate |
$0 – $9,700 | 10% |
$9,700 – $39,475 | 12% |
$39,475 – $84,200 | 22% |
$84,200 – $160,725 | 24% |
$160,725 – $204,100 | 32% |
$204,100 – $306,175 | 35% |
$306,175+ | 37% |
Head of Household | |
Taxable Income | Rate |
$0 – $13,850 | 10% |
$13,850 – $52,850 | 12% |
$52,850 – $84,200 | 22% |
$84,200 – $160,700 | 24% |
$160,700 – $204,100 | 32% |
$204,100 – $510,300 | 35% |
$510,300+ | 37% |
FICA Tax Deductions
FICA is the Federal Insurance Contribution Act Taxes have to be paid by every employee. FICA comprises two taxes, social security, and Medicare taxes.
- Social security tax withholds 6.2% from the first $132,900 taxable pay.
- Medicare Taxes withholds 1.45% on taxable gross pay with an additional 0.9% for every dollar above the fixed amount.
FUTA Taxes Deductions
IRS requires every worker to pay FUTA taxes at the rate of 6.0% of taxable wages up to $7000. After this, employees do not have to pay FUTA tax. If you pay SUI tax fully and on time your FUTA tax percentage will be reduced to 5.4%.
Hawaii Income Tax Rates 2023
Hawaii’s income tax rate ranges from 1.40% to 11% according to income. Hawaii income tax has nine tax levels given below. Employees have a right to claim certain allowances by mentioning them on Form HW-4 to increase their net salary.
Single Filers
Hawaii Taxable Income | Rate |
$0 – $2,400 | 1.40% |
$2,400 – $4,800 | 3.20% |
$4,800 – $9,600 | 5.50% |
$9,600 – $14,400 | 6.40% |
$14,400 – $19,200 | 6.80% |
$19,200 – $24,000 | 7.20% |
$24,000 – $36,000 | 7.60% |
$36,000 – $48,000 | 7.90% |
$48,000 – $150,000 | 8.25% |
$150,000 – $175,000 | 9.00% |
$175,000 – $200,000 | 10.00% |
$200,000+ | 11.00% |
Married, Filing Jointly
Hawaii Taxable Income | Rate |
$0 – $4,800 | 1.40% |
$4,800 – $9,600 | 3.20% |
$9,600 – $19,200 | 5.50% |
$19,200 – $28,800 | 6.40% |
$28,800 – $38,400 | 6.80% |
$38,400 – $48,000 | 7.20% |
$48,000 – $72,000 | 7.60% |
$72,000 – $96,000 | 7.90% |
$96,000 – $300,000 | 8.25% |
$300,000 – $350,000 | 9.00% |
$350,000 – $400,000 | 10.00% |
$400,000+ | 11.00% |
Married, Filing Separately
Hawaii Taxable Income | Rate |
$0 – $2,400 | 1.40% |
$2,400 – $4,800 | 3.20% |
$4,800 – $9,600 | 5.50% |
$9,600 – $14,400 | 6.40% |
$14,400 – $19,200 | 6.80% |
$19,200 – $24,000 | 7.20% |
$24,000 – $36,000 | 7.60% |
$36,000 – $48,000 | 7.90% |
$48,000 – $150,000 | 8.25% |
$150,000 – $175,000 | 9.00% |
$175,000 – $200,000 | 10.00% |
$200,000+ | 11.00% |
Head of Household
Hawaii Taxable Income | Rate |
$0 – $3,600 | 1.40% |
$3,600 – $7,200 | 3.20% |
$7,200 – $14,400 | 5.50% |
$14,400 – $21,600 | 6.40% |
$21,600 – $28,800 | 6.80% |
$28,800 – $36,000 | 7.20% |
$36,000 – $54,000 | 7.60% |
$54,000 – $72,000 | 7.90% |
$72,000 – $225,000 | 8.25% |
$225,000 – $262,500 | 9.00% |
$262,500 – $300,000 | 10.00% |
$300,000+ | 11.00 |
State Disability Insurance (SDI) Tax
Unlike the majority of states, Hawaii compels both employers and employees to pay a state-temporary disability insurance tax.
SDI in Hawaii is up to 0.5% of qualified employees’ earnings and pays the difference between cost and employee contribution, or they may choose to cover the entire cost.
Hawaii Local Tax Deductions
In Hawaii, there is no local withholding taxes for any employee.
Hawaii State Unemployment Taxes (SUI)
SUI taxes have to be paid by the employees working in Hawaii. SUI taxes range from 0 to 5.6% on the first taxable pay which is $46800. New workers have a little relief they have to pay a flat rate of 2.4% only.
Hawaii Pay Check Calculation
Once you have entered all the details in our Hawaii Paycheck Calculator 2023 press the enter button and here you go. You will have your take-home salary amount in front of you. Hawaii Paycheck Calculator 2023 made it so simple for you to calculate the amount of your net salary according to the tax legislation of 2023.
What Payroll taxes do you pay in Hawaii?
Following are the payroll taxes payable in Hawaii:
- Federal Income Tax
- FICA Tax
- FUTA Tax
- State Income Tax
- State Unemployment Insurance (SUI) Tax
- State Disability Insurance (SDI) Tax
FAQs
Does Hawaii have an income tax? And How much is the state income tax in Hawaii?
Yes, there is a State income tax in Hawaii, based on a progressive system, having nine tax brackets depending upon the filing status and income of an employee. All the detail is mentioned above in the article.
Is Hawaii a high-tax state?
Yes, Hawaii is among the high-tax states with Income Tax rates of 11% on taxable income.
What Payroll taxes do you pay in Hawaii?
Following are the payroll taxes payable in Hawaii: