New Hampshire Business Enterprise Tax Return

Business Enterprise Tax Return
BET
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2023
BET

New Hampshire
Department of
Revenue Administration

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*000BET2311862*
000BET2311862

BUSINESS ENTERPRISE TAX RETURN
Taxpayer Name

Taxpayer Identification Number

For the CALENDAR year 2023 or
other taxable period beginning:

MMDDYYYY

You are required to file this return if the gross business receipts were greater
than $281,000 or the enterprise value tax base is greater than $281,000.

MMDDYYYY
and ending:

Check here if required to file Form BET-80
Round to the nearest whole dollar

Total Gross Business Receipts for this business organization
1. Dividends Paid

1

2. Compensation and Wages Paid or Accrued

2

3. Interest Paid or Accrued

3

4. Taxable Enterprise Value Tax Base (Sum of Lines 1, 2, and 3)

4

5. New Hampshire Business Enterprise Tax (BET) (Line 4 multiplied by .0055) before credits

5

6. Enter credits against BET. Use DP-160 to determine credit against BET

6

7. Enter Tax Due (Line 5 minus 6). If negative, enter Zero. Report on BT-SUMMARY Line 1(a)

TAX DUE

7

BET RETURN INSTRUCTIONS
FORM BET is required for all Corporations, Partnerships, Proprietorships, Fiduciaries, Trusts, Non-Profits, LLCs, and Combined Groups to report Business Enterprise
Tax.

TAXABLE PERIOD, NAME, AND TAXPAYER IDENTIFICATION NUMBER
Enter the beginning and ending dates of the taxable period.
Enter the Corporate, Partnership, Proprietorship, Fiduciary, Trust, Non-Profit, or LLC name in the appropriate space provided. Combined filers enter the Principal New
Hampshire Business Organization's name. Enter the FEIN, SSN, or DIN in the space provided.

TAXPAYER IDENTIFICATION
The Commissioner of the Department of Revenue is authorized pursuant to RSA21:J27-a to require submission of an SSN, FEIN, or any other identifying number used
in filing or preparing federal tax documents. If you do not have any such identifying number, or share one with another taxpayer, then, under N.H. Code of Admin.
Rules, Rev 2903.01, you must obtain a Department Identification Number (DIN). If you have a DIN, use it on all New Hampshire filings. To ensure that your filings and
payments are applied to the correct account, the sequence of names and taxpayer ID numbers on all filings must be consistent. The failure to provide a taxpayer
identification number may result in the rejection of filed documents. Failure to timely file documents complete with a consistent taxpayer identification number
may result in the imposition of penalties and interest, the disallowance of claimed exemptions, exclusions, credits, deductions, or an adjustment that may result in
increased tax liability.

BET RETURN 2023
Version 1 07/2023

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New Hampshire
Department of
Revenue Administration

2023
BET

BET RETURN INSTRUCTIONS CONTINUED
Enter the "Total Gross Business Receipts for this business organization," which is the total of all income for federal income tax purposes from whatever source
derived in the conduct of business activity as defined in RSA 77-E:1, X.

CALCULATE THE TAXABLE ENTERPRISE VALUE TAX BASE - Lines 1-4
Line 1: Enter the total amount of dividends paid.
Line 2: Enter the total amount of wages and compensation paid or accrued, per RSA 77-E:1, V and Rev 2402.01, including deferred compensation. Include all
wages, salaries, fees, bonuses, commissions, or other payments paid directly or accrued by the business enterprise in the taxable period on behalf of or for the
benefit of employees, officers or directors of the business enterprise, and subject to or specifically exempt from withholding under Internal Revenue Code (IRC)
Section 3401 except such payments as are made expressly exempt from withholding under IRC § 3401 (a) (1), (9), (10), (13), (14), (15), (16), (18), (19), and (20); and
except any tips required to be reported by the employee to the employer under IRC § 6053(a).The compensation amount entered on Line 2 shall include the amount
of any fringe benefits included in the gross income of employees for federal income tax purposes, imputed interest on a below-market rate loan between an
employer and employee to which IRC section 7872 applies, and the amount of any compensation deduction taken under the Business Profits Tax pursuant to RSA 77A:4, III. It shall also include net earnings from self-employment subject to tax under Section 1401 of the IRC, not including a member or partner's distributive share
from a trade or business conducted by another business enterprise, and net losses from self-employment. In addition, the compensation amount entered on Line 2
shall include the amount reported as guaranteed payments to partners on the partnership's federal income tax return, if such amount has not been included as a
compensation deduction taken under the BPT and wages paid under RSA 277-B:9, I (h), by an employee leasing company to its leased employees.
Line 3: Enter the total amount of interest paid or accrued. Per RSA 77-E:1, XI, ”Interest” means: all amounts paid or accrued for the use or forbearance of money or
property.

IF APPORTIONING, REFERENCE "GENERAL INSTRUCTIONS FOR FILING BUSINESS TAXES".
Line 4: Enter the sum of Lines 1, 2 and 3.
CALCULATE YOUR TAX - Lines 5-7
Line 5: Multiply Line 4 by .0055.
Line 6: Enter credits against BET.

Use Form DP-160 to determine your credits to be used against your BET liability.

Line 7: Enter the amount of Line 5 minus Line 6. IF NEGATIVE, ENTER ZERO.
ENTER THE AMOUNT FROM LINE 7 ON LINE 1(a) OF THE BT-SUMMARY.

BET RETURN 2023
Version 1 07/2023

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