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FORM

NEW HAMPSHIRE DEPARTMENT OF REVENUE ADMINISTRATION

DP-10

INTEREST AND DIVIDENDS TAX

Instructions

INSTRUCTIONS (continued)

STEP 3

Check the appropriate box, if any, of the questions which apply to this return and enter the information requested.

STEP 4

Complete PAGE 2 of the return. See PAGE 2 Instructions.

To figure your net taxable income, complete lines 6 through 11. For Individual /Joint filers ONLY, if line 8 is zero, you are not

STEP 5

required to file a return. Please check the box under line 8 and submit the return so that we can remove you from our mailing

list. If your filing requirements change, please contact the Department of Revenue Administration at (603)271-2186.

Line 9: Deduct here the amount of any cash contribution made during the taxable period to a qualified investment capital

company as defined in RSA 77-A:1,XXIV. (The return of any such contributions received within the next three subsequent

periods is taxable and should subsequently be included in Line 2.)

Figure your Interest & Dividends Tax by multiplying line 11 by 5%. Enter the tax on line 12.

STEP 6

Calculate the tax due by subtracting your payments (line 13a through 13d) from the tax you calculated (line 12).

Enter the remainder, balance of tax due, on line 14.

Figure your penalties, if any, as follows:

(a)

Interest is calculated on the balance of tax due (line 14) from the original due date to the date paid at the

rate listed below. (Interest due = tax due x number of days x .000274).

NOTE: The interest rate is recomputed each year under the provisions of RSA 21-J:28,II. Applicable rates for the

current and prior years are as follows:

PERIOD

RATE

DAILY RATE DECIMAL EQUIVALENT

1/1/2000 - 12/31/2000

10%

.000274

1/1/1999 - 12/31/1999

10%

.000274

1/1/1998 - 12/31/1998

11%

.000301

Prior to 1/1/1998

15%

.000411

A penalty equal to 10% of any nonpayment or underpayment of taxes may be imposed if the taxpayer fails

(b)

to pay when the tax is due.

(c)

The late filing penalty is 5% of the tax due (line 14) for each month or part thereof for which the return is filed

eyond the due date. The total amount shall not exceed 25% of the tax due. Calculate this penalty starting

from the original due date of the return until the date a complete return has been filed.

If line 12 is more than $200 you may have been required to file estimated payments during the tax year. To

(d)

calculate your penalty for nonpayment or underpayment of estimates or to determine if you qualified for an

exemption from filing estimate payments, complete Form DP 2210/2220 which may be obtained by calling

(603) 271-2192.

Enter the total of lines 15(a) through 15(d) on line 15.

Note:Taxpayers who substantially understate their tax on line 14 may be assessed a penalty by the Department in the

amount of 25% of any underpayment of the tax resulting from such understatement. A substantial understatement is one

which exceeds the greater of 10% of the amount of tax (line 14) or $5,000.

STEP 7

If your Interest & Dividends tax (line 12) plus interest and penalties (line 15) is greater than your payments (line 13),

then enter on line 16 your balance of tax due. If less than $1.00, do not pay but still file the return. Make check or

money order payable to: State of New Hampshire. Payment must accompany the return; HOWEVER, PLEASE

ENCLOSE, BUT DO NOT STAPLE OR TAPE, YOUR PAYMENT WITH THE RETURN. To ensure your check is

credited to your account, please put your social security or federal identification number on the check.

If your total tax (line 12) plus interest and penalties (line 15) is less than your payments (line 13), then you have

overpaid. Enter the overpayment amount on line 17.

The taxpayer has an option of applying any part of the overpayment or the total amount of the overpayment as a

credit on next year’s return. Enter the desired credit on line 18(a). The remainder, which will be refunded, should be

entered on line 18(b). If line 18(a) is not completed, the entire overpayment will be refunded. Please allow up to 12

weeks for the Department to process the refund.

You MUST SIGN AND DATE your return. If you are filing a joint return, both husband and wife must sign and date the return

even if only one of you had income. If you paid a preparer to complete this return, then the preparer must also sign and date

the return. The preparer must also provide their federal identification number, social security number or federal preparer tax

identification number and complete address.

PAGE 2 INSTRUCTIONS

PRO-RATED

Individuals filing as part-year residents must include only the amount of taxable income earned during the period of

New Hampshire residency. For your convenience you may prorate interest and dividends earned during the year

INTEREST &

based on the number of days you were a New Hampshire resident, divided by 365, multiplied by the amount of the

DIVIDENDS

income. Indicate the non-taxable amount on line 4.

DP-10

Instructions

(3)

Rev. 12/99

Form Dp-10 - Interest And Dividends Tax Instructions - New Hampshire Department Of Revenue Administration - 1999 Page 3

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