An inheritance tax is a tax imposed on a person who inherits property from a deceased person. There is no federal inheritance tax, but some states have an inheritance tax.
In the state of Hawaii, there is no inheritance tax imposed on individuals who inherit property from a deceased person. While some states in the United States do levy an inheritance tax, Hawaii is not one of them. It's important to note that inheritance tax is different from estate tax, which is a tax on the estate of the deceased before the property is distributed to the heirs. Hawaii does have an estate tax, but the responsibility for paying this tax falls on the estate itself, not the individual beneficiaries. Additionally, there is no federal inheritance tax in the United States, although there is a federal estate tax that may apply to large estates.