×
tax forms found in
Tax Form Code
Tax Form Name

New Hampshire Free Printable DP-120-P for 2024 New Hampshire Computation of Partnership Gross Business Profits

It appears you don't have a PDF plugin for this browser. Please use the link below to download 2023-new-hampshire-form-dp-120-p.pdf, and you can print it directly from your computer.

Computation of Partnership Gross Business Profits
DP-120-P

Print Form New Hampshire Department of Revenue Administration 2023 DP-120-P Reset Form *DP120P2311862* DP120P2311862 NON-CONSOLIDATED MEMBERS OF A COMBINED GROUP COMPUTATION OF PARTNERSHIP GROSS BUSINESS PROFITS Business Organization Name For the CALENDAR year 2023 or other taxable period beginning: 1 MMDDYYYY MMDDYYYY Taxpayer Identification Number and ending: INCOME AND DEDUCTIONS FROM FEDERAL FORM 1065, SCHEDULE K Round to the nearest whole dollar 1(a) Enter the amount of ordinary business income (loss) reported on Federal Form 1065, Schedule K, Line 1 1(a) 1(b) Enter the amount of net rental real estate income (loss) reported on Federal Form 1065, Schedule K, Line 2 1(b) 1(c) Enter the amount of other net rental income (loss) reported on Federal Form 1065, Schedule K, Line 3(c) 1(c) 1(d) Enter the amount of guaranteed payments reported on Federal Form 1065, Schedule K, Line 4(c) 1(d) 1(e) Enter the amount of interest income reported on Federal Form 1065, Schedule K, Line 5 1(e) 1(f) Enter the amount of dividend income reported on Federal Form 1065, Schedule K, Line 6(a) 1(f) 1(g) Enter the amount of royalty income reported on Federal Form 1065, Schedule K, Line 7 1(g) 1(h) Enter the amount of net short term capital gains, but not below zero, reported on Federal Form 1065, Schedule K, Line 8 1(h) If net short term loss, enter loss here 2 1(i) Enter the net long term capital gains, but not below zero, reported on Federal Form 1065, Schedule K, Line 9(a). (Net short term capital loss netted against net long term gains.) 1(i) 1(j) Enter the amount of net §1231 gain (loss) reported on Federal Form 1065, Schedule K, Line 10 1(j) 1(k) Enter the amount of other income (loss) reported on Federal Form 1065, Schedule K, Line 11 1(k) 1(l) Enter the amount of any other item of income (loss) not reported on Federal Form 1065, Schedule K, that should be included in gross business profits 1(l) 1(m) Enter the amount of Section 179 deduction reported on Federal Form 1065, Schedule K, Line 12 1(m) 1(n) Enter the amount of contributions reported on Federal Form 1065, Schedule K, Line 13(a), but only to the extent that the contributions are made in the name of the partnership to enhance the goodwill of the partnership, and not for the benefit of a partner 1(n) 1(o) Enter the amount of investment interest expense reported on Federal Form 1065, Schedule K, Line 13(b) 1(o) 1(p) Enter the amount of IRC §59(e)(2) expenditures reported on Federal Form 1065, Schedule K, Line 13(c)(2) 1(p) 1(q) Enter the amount of other deductions reported on Federal Form 1065, Schedule K, Line 13(d) 1(q) 1(r) Enter the amount of foreign taxes paid or accrued as reported on Federal Form 1065, Schedule K, Line 21 1(r) Combine Lines 1(a) through 1(l) and from the result subtract the sum of Lines 1(m) through 1(r). Report on NH-1120-WE, Schedule I-A, Line 3 2 File only one form combining all Partnership entities reporting as part of the combined returns. Include a statement detailing each entity separately, similar to the method used for consolidated federal pages. DP-120-P 2023 Version 1 08/2023
Extracted from PDF file 2023-new-hampshire-form-dp-120-p.pdf, last modified August 2023

More about the New Hampshire Form DP-120-P Corporate Income Tax TY 2023

We last updated the Computation of Partnership Gross Business Profits in February 2024, so this is the latest version of Form DP-120-P, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form DP-120-P directly from TaxFormFinder. You can print other New Hampshire tax forms here.

Related New Hampshire Corporate Income Tax Forms:

TaxFormFinder has an additional 51 New Hampshire income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the New Hampshire Form DP-120-P.

Form Code Form Name
DP-120-Inst Gross Business Profits Instructions
Form DP-120 Computation of S Corporation Gross Business Profit

Download all NH tax forms View all 52 New Hampshire Income Tax Forms


Form Sources:

New Hampshire usually releases forms for the current tax year between January and April. We last updated New Hampshire Form DP-120-P from the Department of Revenue Administration in February 2024.

Show Sources >

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 New Hampshire Form DP-120-P

We have a total of nine past-year versions of Form DP-120-P in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2022 Form DP-120-P

dp-120-p-2022.pdf

2021 Form DP-120-P

dp-120-p-2021.pdf

2020 Form DP-120-P

dp-120-p-2020.pdf

2019 Form DP-120-P

dp-120-p-2019.pdf

2016 Form DP-120-P

dp-120-p2015v1-1.pdf


TaxFormFinder Disclaimer:

While we do our best to keep our list of New Hampshire Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.

** This Document Provided By TaxFormFinder.org **
Source: http://www.taxformfinder.org/index.php/newhampshire/form-dp-120-p