Hawaii Schedule of Tax Credits (Rev. 2016 - Fillable)

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Schedule of Tax Credits (Rev. 2016 - Fillable)
Schedule CR, Rev 2024, Schedule of Tax CreditsClear Form

SCHEDULE CR	
(REV. 2024)
	
	

2024

SCHEDULE OF TAX CREDITS	
or other tax year beginning 	

SCHCR_F 2024A 01 VID01

and ending 	

Attach this schedule directly behind Form N-11, N-15,
N-30, N-40 or N-70NP

Name(s) as shown on return	

PART I

TAX YEAR

STATE OF HAWAII—DEPARTMENT OF TAXATION	

SSN(s) or Federal Employer I.D. No.

Refundable Tax Credits

 1	 Capital Goods Excise Tax Credit (attach Form N-312).................................................................................. 		

1

 2	 Fuel Tax Credit for Commercial Fishers (attach Form N-163)........................................................................ 		

2

 3	 Motion Picture, Digital Media, and Film Production Income Tax Credit (attach Form N-340)........................ 	

	3

 4	 Place an X in the appropriate box for the type of energy system installed and placed in service:         

 

  Solar   

Renewable Energy Technologies Income Tax Credit (For Systems Installed and
Placed in Service on or After July 1, 2009) (attach all Form(s) N-342).......................................................... 		

 

  Wind
4

 5	 Important Agricultural Land Qualified Agricultural Cost Tax Credit (attach Form N-344)............................... 		

5

 6	 Tax Credit for Research Activities (attach Form N-346)................................................................................. 		

6

 7	 Renewable Fuels Production Tax Credit for Tax Years After December 31, 2021 (attach Form N-360)........ 		
 
 8	 Earned Income Tax Credit (attach Form N-356)............................................................................................ 		
 9	 Other refundable credits
a.	 Pro rata share of taxes withheld and paid by a partnership or
S corporation on the sale of Hawaii real property interests	 9a

7
8

b.	
c.	

Credit From a Regulated Investment Company............. 	 9b
Credit for repayment of amounts included in income from
earlier years................................................................... 	 9c

d.	

Add lines 9a through 9c......................................................................................................................... 		

9d

10	 Total Refundable Credits. Add lines 1 through 8 and line 9d. Enter here and on Form N-11, line 32;
N-15, line 49; N-30, line 12; N-40, Schedule G, line 2; or N-70NP, line 18.
Attach this schedule directly behind your Form N-11, N-15, N-30, N-40 or N-70NP. .................................... 		

10

	

PART II

Nonrefundable Tax Credits

11	 Income tax paid to another state or foreign country (N-11, N-15, N-40, and N-70NP filers) (Attach
copy of tax return(s) from other state(s) or federal Form(s) 1116. See Instructions for Schedule CR
for more information.)..................................................................................................................................... 		

11

12	 Enterprise Zone Tax Credit (attach Form N-756)........................................................................................... 		

12

Column (a)
Total Unused Carryover
Credit from Prior Tax Year

Column (c)
Total Credit Applied
to 2024 Tax Year

Column (d)
Unused Credit to Carryover
to 2025 Tax Year

13	 Carryover of the Credit for Energy Conservation (attach Form N-323)		
13

		
SCHEDULE  CR
SCR1K1W3
ID NO 01

(REV. 2024)

SCHEDULE CR		
(REV. 2024)

Page 2

Name(s) as shown on return	

SCHCR_F 2024A 02 VID01

Column (a)
Total Unused Carryover
Credit from Prior Tax Year

SSN(s) or Federal Employer I.D. No.

Column (c)
Total Credit Applied
to 2024 Tax Year

Column (d)
Unused Credit to Carryover
to 2025 Tax Year

14	 Carryover of the High Technology Business Investment Tax Credit (attach Form N-323)		
14
15	 Carryover of the Cesspool Upgrade, Conversion or Connection Income Tax Credit (attach Form N-323)		
15
16	 Carryover of the Technology Infrastructure Renovation Tax Credit (attach Form N-323)		
16
17	 Carryover of the Hotel Construction and Remodeling Tax Credit (attach Form N-323)		
17
18	 Carryover of the Residential Construction and Remodeling Tax Credit (attach Form N-323)		
18
19	 Carryover Renewable Energy Technologies Income Tax Credit (For Systems Installed & Placed in Service Before July 1, 2009) (attach Form N-323)	
19
20	 Carryover of the Organic Foods Production Tax Credit (attach Form N-323)		
20
21	 Carryover of the Renewable Fuels Production Tax Credit (For Tax Years Before January 1, 2022) (attach Form N-323)	
21
22	 Carryover of the Capital Infrastructure Tax Credit (attach Form N-348)		
22
23	 Carryover of the Earned Income Tax Credit (attach Form N-356)		
23
Column (a)
Total Unused Carryover
Credit from Prior Tax Year

Column (b)
Total New Credit Claimed
for 2024 Tax Year

Column (c)
Total Credit Applied
to 2024 Tax Year

Column (d)
Unused Credit to Carryover
to 2025 Tax Year

24	 Tax Credit for Low-Income Housing (attach Form N-586)
24
25	 Credit for Employment of Vocational Rehabilitation Referrals (attach Form N-884)		
25

		
SCHEDULE  CR
SCR2K1W3
ID NO 01

(REV. 2024)

SCHEDULE CR		
(REV. 2024)

Page 3

Name(s) as shown on return	

SSN(s) or Federal Employer I.D. No.

SCHCR_F 2024A 03 VID01

Column (a)
Total Unused Carryover
Credit from Prior Tax Year

Column (b)
Total New Credit Claimed
for 2024 Tax Year

Column (c)
Total Credit Applied
to 2024 Tax Year

Column (d)
Unused Credit to Carryover
to 2025 Tax Year

26	 Credit for School Repair and Maintenance (attach Form N-330)
26
27	 Nonrefundable Renewable Energy Technologies (For systems Installed and Placed in Service on or After July 1, 2009) (attach all Form(s) N-342)	
Place an X in the appropriate box for the type of energy system installed and placed in service:         
	
  Solar   
  Wind

 

 

27
28	 Healthcare Preceptor Income Tax Credit (attach Form N-358)
28
29	 Historic Preservation Income Tax Credit (attach Form N-325)		
29
30	 Nonrefundable Renewable Fuels Production Tax Credit (For Tax Years Beginning After December 31, 2021) (attach Form N-360)		
30
31	 Pass-Through Entity Tax Credit (attach Form N-362)		
31

32	 Total Nonrefundable Credits. Add lines 11 and 12 and Column (c) of lines 13 through 31.
Enter here and on Form N-11, line 35; N-15, line 52; N-30, line 14; N-40, Schedule G, line 4; or
N-70NP, line 20. Attach this schedule directly behind your Form N-11, N-15, N-30, N-40 or N-70NP.	

		
SCHEDULE  CR
SCR3K1W3
ID NO 01

32

(REV. 2024)

Extracted from PDF file 2024-hawaii-form-sch-cr.pdf, last modified October 2005

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More about the Hawaii Form Sch. CR Corporate Income Tax Tax Credit TY 2024

We last updated the Schedule of Tax Credits (Rev. 2016 - Fillable) in January 2025, so this is the latest version of Form Sch. CR, fully updated for tax year 2024. You can download or print current or past-year PDFs of Form Sch. CR directly from TaxFormFinder. You can print other Hawaii tax forms here.

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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 A-6	Tax Clearance Application
Form N-301	Application for Automatic Extension of Time to File Hawaii Corporation Income Tax Return Tax Return
Form EFT-1 (Obsolete)	Authorization for Electronic Funds Transfer
N-35 Sch. NS	Hawaii S Corporation Agreement of Nonresident Shareholder Nonresident

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 Sch. CR from the Department of Taxation in January 2025.

Show Sources >

Form Sch. CR 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 Sch. CR

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

2024 Form Sch. CR

Schedule CR, Rev 2024, Schedule of Tax Credits

2023 Form Sch. CR

Schedule CR, Rev 2023, Schedule of Tax Credits

2022 Form Sch. CR

Schedule CR, Rev 2022, Schedule of Tax Credits

2021 Form Sch. CR

Schedule CR, Rev 2021, Schedule of Tax Credits

2020 Form Sch. CR

Schedule CR, Rev 2020, Schedule of Tax Credits

2019 Form Sch. CR

Schedule CR, Rev 2019, Schedule of Tax Credits

2018 Form Sch. CR

Schedule CR, Rev 2018, Schedule of Tax Credits

2017 Form Sch. CR

Schedule CR, Rev 2017, Schedule of Tax Credits

2016 Form Sch. CR

Schedule CR, Rev 2016, Schedule of Tax Credits

2015 Form Sch. CR

Schedule CR, Rev 2015, Schedule of Tax Credits

2014 Form Sch. CR

Schedule CR, Rev 2014, Schedule of Tax Credits

2012 Form Sch. CR

Schedule CR, Rev 2012, Schedule of Tax Credits

2011 Form Sch. CR

Schedule of Tax Credits, Rev. 2011

TaxFormFinder Disclaimer:

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