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FORM

NEW HAMPSHIRE DEPARTMENT OF REVENUE ADMINISTRATION

BUSINESS TAX

GENERAL INSTRUCTIONS FOR FILING BUSINESS TAXES

Gen. Inst.

WHO MUST FILE A BET RETURN

WHEN TO FILE

Every for-proﬁ t or non-proﬁ t enterprise or organization engaged in or

Calendar Year: If the business organization ﬁ les its federal return on

carrying on any business activity inside New Hampshire which meets

a calendar year basis, then the BET return and/or the BPT return is/

the following criteria, during the taxable period, must ﬁ le a Business

are due and must be postmarked NO LATER than the date indicated

Enterprise Tax return:

on the BPT return.

Fiscal Year: If the business organization ﬁ les its federal return on a

A. If your gross business receipts total was in excess of $150,000, then

ﬁ scal year basis, then the business organization must ﬁ le the BET

you are required to ﬁ le a BET return, regardless of B below; or

return and/or the BPT return based on the same taxable period. The

corporate returns are due and must be postmarked NO LATER than

B. If your gross business receipts total was $150,000 or less, use

the 15th day of the third month following the close of the ﬁ scal period.

the following worksheet to determine if your enterprise value tax base is

The proprietorship, partnership and ﬁ duciary returns are due the 15th

greater than $75,000:

day of the 4th month following the close of the taxable period.

1. Total dividends paid:

1. $__________________

For Non-Proﬁ t Organizations: The returns are due and MUST be

postmarked NO LATER than the 15th day of the ﬁ fth month following

2. Total compensation paid or accrued:

2. $__________________

the close of the taxable period.

3. Total interest paid or accrued:

3. $__________________

EXTENSION TO FILE

4. Sum of Lines 1, 2 and 3:

4. $__________________

New Hampshire does not require a taxpayer to ﬁ le an application for an

If Line 4 is greater than $75,000, you are required to ﬁ le a BET return.

automatic 7-month extension of time to ﬁ le provided that the taxpayer

has paid 100% of both the Business Enterprise Tax and the Business

C. Section 501(c)(3) of the IRC non-proﬁ t organizations are not required

Proﬁ ts Tax determined to be due by the due date of the tax.

to ﬁ le unless they engage in an unrelated business activity under Section

513 of the IRC.

If you need to make an additional payment in order to have paid 100%

of the taxes determined to be due, then you may ﬁ le your payment

on-line at or ﬁ le a payment and application for 7

WHO MUST FILE A BPT RETURN

month extension of time to ﬁ le a business tax return, Form BT-EXT. The

payment must be postmarked or received on or before the original due

All business organizations, including corporations, ﬁ duciaries, partnerships,

date of the return. Failure to pay 100% of the taxes determined to be due

by the original due date may result in the assessment of penalties.

proprietorships, combined groups, and homeowners’ associations must

ﬁ le a Business Proﬁ ts Tax return provided they are carrying on business

activity inside New Hampshire and their gross business income from

everywhere is in excess of $50,000.

WHERE TO FILE (FORMS MAY NOT BE FILED BY FAX)

“Gross business income” means all income for federal income tax purposes

MAIL TO:

NH DRA (NH DEPT OF REVENUE ADMINISTRATION)

from whatever source derived including but not limited to: total sales,

total rents, gross proceeds from the sale of assets, etc., before deducting

PO BOX 637

any costs or expenses. Even if there is no proﬁ t, a return must be

CONCORD NH 03302-0637

ﬁ led when the gross business income exceeds $50,000. Combined

ﬁ lers should see NH-1120-WE General Instructions for additional ﬁ ling

NEED HELP?

requirements to ﬁ le a combined report.

Grantor Trusts: Income from Grantor Trusts (Section 671 of the US

Call the Central Taxpayer Services Ofﬁ ce at (603) 271-2191, Monday

Internal Revenue Code) shall be included in the Business Proﬁ ts Tax

through Friday, 8:00 am - 4:30 pm. All written correspondence to

return of the owner(s).

the Department should include the taxpayer name, federal employer

identiﬁ cation number or social security number, the name of a contact

person and a daytime telephone number.

IDENTICAL FILING ENTITY

The return filed for the Business Enterprise Tax MUST reflect the

identical business entity reported for Business Proﬁ ts Tax purposes.

NEED FORMS?

There are separate booklets for corporate, combined group, partnership,

proprietorship and ﬁ duciary returns. Non-proﬁ t organizations and limited

To obtain additional forms or forms not contained in this booklet, you

liability companies shall ﬁ le using the form which corresponds to their

may access our web site at or call the forms line

entity structure. LLC’s shall ﬁ le using the same entity type as they use for

at (603) 271-2192. Copies of the state tax forms may also be obtained

their federal tax return. If a separate federal tax return was not required,

from any of the 22 Depository Libraries located throughout the State.

then use the same entity type as the reporting member used.

(See page 1 for a list of Depository Libraries.)

SEPARATE FILING THRESHOLDS

ADA COMPLIANCE

There are different ﬁ ling criteria for the Business Enterprise Tax and the

Business Proﬁ ts Tax. You must determine whether or not you are required

Individuals who need auxiliary aids for effective communications in

to ﬁ le for each tax independent of your ﬁ ling requirement for the other

programs and services of the New Hampshire Department of Revenue

tax. IF YOU ARE REQUIRED TO FILE EITHER TAX, THEN YOU MUST

Administration are invited to make their needs and preferences known.

FILE A BUSINESS TAX SUMMARY. THE BUSINESS TAX SUMMARY

Individuals with hearing or speech impairments may call TDD Access:

VERIFIES AND UPDATES BOTH THE BUSINESS ENTERPRISE TAX

Relay NH 1-800-735-2964

AND/OR THE BUSINESS PROFITS TAX RETURNS. FAILURE TO FILE

A BUSINESS TAX SUMMARY WILL CONSTITUTE AN INCOMPLETE

FILING OF THE BUSINESS TAX RETURNS.

Business Tax

Gen. Inst.

Rev 09/2008

page

Form Changes - Summary Of Changes & Common Problem Areas/general Instructions For Filing Business Taxes/etc. Page 2

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