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Old 04-23-2009, 11:07 AM
 
Location: Utopia
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Hawaii taxes on interest, dividend, capital gains, rental properties and what else after 65 y.o.? I have a bet riding on this. Thanks.
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Old 04-23-2009, 02:07 PM
 
Location: Moku Nui, Hawaii
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If it is in a Roth, then it is tax free, so it would depend on a lot of different factors as to how it would be handled. It also depends on where the dividends come from and all sorts of other things, I'd suspect. Ask a tax person for specifics although that might cost money.

Rental properties pay a much higher amount of property tax than home owners do. I think they are assessed higher, too, although I'm not sure about that. I don't know where the senior's discount is, I think there is one, though. We also pay tax on food and medicines, pretty much a flat 4% tax on everything every time money changes hands.
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