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 businesses in New Hampshire.

Q: Who needs to file Form NH-1120-WE?
A: Businesses operating in New Hampshire that are subject to the Business Profits Tax (BPT) must 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 liability for businesses in New Hampshire.

Q: What information do I need to complete Form NH-1120-WE?
A: You will need your business's income and expense information, as well as any deductions or credits that apply to your business.

Q: When is Form NH-1120-WE due?
A: Form NH-1120-WE is due on the 15th day of the 3rd month following the end of your tax year. For example, if your tax year ends on December 31st, the form is due on March 15th.

Q: Is there a penalty for late filing or non-filing of Form NH-1120-WE?
A: Yes, there are penalties for late filing or non-filing of Form NH-1120-WE. It is important to file the form on time to avoid penalties.

Q: Can I get an extension to file Form NH-1120-WE?
A: Yes, you can request an extension to file Form NH-1120-WE by filing Form DP-59-A, Application for Automatic Extension of Time to File Business Profits Tax Return.