Schedule II Apportionment of Foreign Dividends - New Hampshire

What Is Schedule II?

This is a legal form that was released by the New Hampshire Department of Revenue Administration - a government authority operating within New Hampshire. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Schedule II in regards to foreign dividends?
A: Schedule II is a section of the New Hampshire tax forms that deals with the apportionment of foreign dividends.

Q: What are foreign dividends?
A: Foreign dividends are profits or distributions paid to shareholders by foreign companies.

Q: Why is apportionment necessary for foreign dividends?
A: Apportionment is necessary because foreign dividends may be subject to taxation by multiple jurisdictions, and it is important to determine how much of the dividend should be allocated to New Hampshire for tax purposes.

Q: How does Schedule II help with apportionment?
A: Schedule II provides a framework for calculating the apportionment of foreign dividends based on factors such as the percentage of the dividend received in New Hampshire compared to other jurisdictions.

Q: Who needs to fill out Schedule II?
A: Taxpayers in New Hampshire who have received foreign dividends and need to determine the portion of those dividends that should be apportioned to the state for tax purposes need to fill out Schedule II.