Instructions for Form NH-1120-WE Combined Business Profits Tax Return - New Hampshire

This document contains official instructions for Form NH-1120-WE , Combined Business Profits Tax Return - a form released and collected by the New Hampshire Department of Revenue Administration.

FAQ

Q: What is Form NH-1120-WE?
A: Form NH-1120-WE is the Combined Business Profits Tax Return for the state of New Hampshire.

Q: Who needs to file Form NH-1120-WE?
A: Businesses that have a physical presence in New Hampshire and generate income from taxable activities need to file Form NH-1120-WE.

Q: What is the purpose of Form NH-1120-WE?
A: Form NH-1120-WE is used to report and calculate the business profits tax owed to the state of New Hampshire.

Q: When is the due date for Form NH-1120-WE?
A: The due date for Form NH-1120-WE is the 15th day of the third month following the close of the tax year.

Q: Are there any penalties for late filing of Form NH-1120-WE?
A: Yes, there are penalties for late filing or failure to file Form NH-1120-WE. It is important to file the return on time to avoid penalties.

Q: Are there any specific requirements for electronic filing of Form NH-1120-WE?
A: Yes, businesses with total gross receipts of $200,000 or more are required to file Form NH-1120-WE electronically.

Q: Can I request an extension for filing Form NH-1120-WE?
A: Yes, extensions can be requested for filing Form NH-1120-WE. The extension request must be filed before the original due date of the return.