Hawaii Cesspool Upgrade, Conversion or Year Connection Income Tax Credit

Form N-350 is obsolete, and is no longer supported by the Hawaii Department of Revenue.

Cesspool Upgrade, Conversion or Year Connection Income Tax Credit
Form N-350, 2020, Cesspool Upgrade, Conversion or Connection Income Tax CreditClear Form

STATE OF HAWAII—DEPARTMENT OF TAXATION
TAX
YEAR

FORM

CESSPOOL UPGRADE, CONVERSION OR
N-350
CONNECTION INCOME TAX CREDIT
(Rev. 2020)

Or fiscal year beginning _________________, 20____, and ending __________________, 20____

20__

ATTACH TO FORM N-11, N-15, N-20, N-30, N-35, N-40, OR N-70NP
Name(s) as shown on tax return

Part I

SSN or FEIN

CREDIT CERTIFICATE

DEPARTMENT OF HEALTH CERTIFICATE
(Completed by the Department of Health only)
1. Name of taxpayer

2. SSN/FEIN

3. Address (Number and street, including apartment number or rural route, city, state, and postal/zip code)
4. Description of cesspool upgrade, conversion or connection (Include Tax Map Key and Island where the cesspool is located)

5. Total qualified expenses allowed: ..............................................................................................

6. Amount of tax credit allowed for the taxable year......................................................................

This is to certify that the amounts noted above have been verified in accordance with section 235-16.5, Hawaii Revised Statutes.

Part II

Signature of Certifying Officer

Type or Print Name and Title

Date of Certification

COMPUTATION OF TAX CREDIT

Note: If you are only claiming your distributive share(s) of a credit distributed from a partnership, an S corporation, an
estate, or a trust, skip line 1 and begin on line 2.
1 Total amount of certified credit allowed for the taxable year from Part I, line 6............................................................. 1
2 Flow through of cesspool upgrade, conversion, or connection income tax credit received from other entities, if any:
Check the applicable box below. Enter the name and Federal Employer I.D. No. of Entity:

a  Partner — enter amount from Schedule K-1 (Form N-20).................................................................................
b  S corporation shareholder — enter amount from Schedule K-1 (Form N-35)...................................................
c  Beneficiary — enter amount from Schedule K-1 (Form N-40)..........................................................................
d  Patron — enter the amount from federal Form 1099-PATR............................................................................... 2
3 Total New Credit Claimed — Add lines 1 and 2. Also enter this amount on Schedule CR in Column (a) of the
appropriate line for this credit....................................................................................................................................... 3
Note: Pass-through entities, stop here. Form N-20 and N-35 filers, enter the amount on line 3 on the appropriate lines of Form N-20, Schedule K
or Form N-35, Schedule K; skip lines 4 through 10 and continue to Part III. Form N-40 filers, see the instructions. For Form N-40 filers who
are reporting the trust or estate’s share, continue on to line 4.
4 Carryover of unused cesspool upgrade, conversion or connection tax credit from prior year...................................... 4
5 Tentative current year cesspool upgrade, conversion or connection tax credit — add lines 3 and 4............................ 5
6 Adjusted Tax Liability — Enter your adjusted income tax liability from the applicable Form N-11, N-15, N-30, N-40, or N-70NP... 6
7 If you are claiming other nonrefundable tax credits, complete the worksheet on page 2 of the instructions and
enter the total here. If you are not claiming other nonrefundable credits, enter zero.................................................... 7
8 Line 6 minus line 7. This represents your remaining tax liability. If the result is zero or less, enter zero....................... 8
9 Total Credit Applied — Enter the smaller of line 5 or line 8, rounded to the nearest dollar. This is your cesspool
upgrade, conversion or connection tax credit to be applied to this year. Also, enter this amount on Schedule CR in
Column (b) of the appropriate line for this credit.......................................................................................................... 9
10 Unused Credit to Carryover — Line 5 minus line 9. This represents your unused credit available to carryforward
to be used against tax liability in subsequent tax years until exhausted. If this amount is more than zero, also enter
this on Schedule CR in Column (c) of the appropriate line for this credit.................................................................... 10
N350_I 2020B 01 VID01

ID NO 01

FORM N-350

FORM N-350 (Rev. 2020)

Part III
1.
2.

FLOW-THROUGH ENTITIES ALLOCATING THE CREDIT TO THEIR PARTNERS, SHAREHOLDERS, OR BENEFICIARIES

Tax credit allocated to partners, shareholders, or beneficiaries. Enter the amount from Part II, line 3....................... $
Allocation of the tax credit to their partners, shareholders, or beneficiaries as follows (if more space is needed, attach additional sheet(s)):

(a)
No.

(b)
Name and Address of Partner, Shareholder, or Beneficiary

------------------------------------------------------------------------------------------------------------

3.
4.

PAGE 2

Total from additional sheet(s)..............................................................................................................................
Total amounts allocated (Must equal Part III, line 1 above.)...............................................................................

(d)
Amount of Tax Credit
Allocated

3
4
Form N-350

Extracted from PDF file 2021-hawaii-form-n-350.pdf, last modified February 2016

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More about the Hawaii Form N-350 Corporate Income Tax Tax Credit

We last updated the Cesspool Upgrade, Conversion or Year Connection Income Tax Credit in March 2022, and the latest form we have available is for tax year 2021. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Hawaii Department of Taxation. You can print other Hawaii tax forms here.

Other Hawaii Corporate Income Tax Forms:

TaxFormFinder has an additional 164 Hawaii income tax forms that you may need, plus all federal income tax forms.

Form Code	Form Name
Form N-342	Renewable Energy Technologies Income Tax Credit Tax Credit
Form N-40 Sch. K1	Beneficiary's Share of Income, Deductions, Credits, etc Tax Credit
Form A-6	Tax Clearance Application
Form F-1	Franchise Tax Return
Form N-301	Application for Automatic Extension of Time to File Hawaii Corporation Income Tax Return Tax Return

Download all HI tax forms View all 165 Hawaii Income Tax Forms

Form Sources:

Hawaii usually releases forms for the current tax year between January and April. We last updated Hawaii Form N-350 from the Department of Taxation in March 2022.

Show Sources >

Form N-350 is a Hawaii Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of Hawaii Form N-350

We have a total of seven past-year versions of Form N-350 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2021 Form N-350

Form N-350, 2020, Cesspool Upgrade, Conversion or Connection Income Tax Credit

2020 Form N-350

Form N-350, 2020, Cesspool Upgrade, Conversion or Connection Income Tax Credit

2019 Form N-350

Form N-350, 2019, Cesspool Upgrade, Conversion or Connection Income Tax Credit

2018 Form N-350

Form N-350 Instructions, Rev 2018, Instructions For Form N-350 Cesspool Upgrade, Conversion or Connection Income Tax Credit

2017 Form N-350

Form N-350, 11/2016, Cesspool Upgrade, Conversion or Connection Income Tax Credit

2016 Form N-350

Form N-350, 11/2016, Cesspool Upgrade, Conversion or Connection Income Tax Credit

2015 Form N-350

Form N-50, 2016, Cesspool Upgrade, Conversion or Connection Income Tax Credit

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