Form Dp-146 - Non-Resident Personal Property Transfer Tax Return (Page 3 of 3) in pdf

FORM

NEW HAMPSHIRE DEPARTMENT OF REVENUE ADMINISTRATION

DP-146

NON-RESIDENT PERSONAL PROPERTY TRANSFER TAX RETURN

Instructions

LINE-BY-LINE INSTRUCTIONS

Type or print the name of the decedent, the domicile of the decedent at date of death, the decedent's social security number, the date

STEP 1

of death, and the probate number, if applicable. Type or print the executor or administrator name, address and social security number

or federal employer identification number.

STEP 2

Complete this section if someone other than the executor or administrator will represent the estate on matters dealing with this tax

return. THE EXECUTOR OR ADMINISTRATOR MUST SIGN ON THIS LINE IN ADDITION TO SIGNING THE RETURN FOR THE POWER

OF ATTORNEY TO BE EFFECTIVE.

STEP 3

Check the Initial Return box only if this is the first Form DP-146 Return that has ever been filed. Check the Amended Return box if this

is the second (or additional) return that has been filed for this estate. Attach a copy of approved Federal Extension request.

Calendar Year

Credit Amount

Calendar Year

Credit Amount

1998

$ 625,000

2002 & 2003

$ 700,000

1999

$ 650,000

2004

$ 850,000

2000

$ 675,000

2005

$ 950,000

2006

$1,000,000

2001

$ 675,000

STEP 4

(A)

Column

Enter a description of the personal property held on behalf of the non-resident decedent.

Enter the city or town where the property is located.

Column

(B)

Column

(C)

Indicate whether the property was jointly or individually held by placing an X in the appropriate column.

Column

Enter the fair market value of the property as of the decedent's date of death. If jointly held, enter the fair market value

(D)

of the decedent's share of the property as of the date of death. If there are insufficient lines to list all property held,

attach a supplemental schedule using the same format. Enter, on Line 7, the total amount from the supplemental

schedule. Enter on Line 8, the total sum of Lines 1-7.

STEP 5

Line 9

Enter the total from Column D, Line 8.

Line 10

Multiply Line 9 by the 2% tax rate and enter the amount on Line 10.

Line 11

Enter the amount of estimated tax paid with Form DP-146-ES.

(a)

(b)

Enter the amount paid with Form DP-147 application for extension.

(c)

Enter the amount paid with the original return.

(d)

Enter any other credits or payments and attach an explanation.

Line 11

Enter the sum of Lines 11(a) through 11(d).

Line 12

Enter the amount of Line 10 less Line 11.

(a)

Line 13

INTEREST: Interest is calculated on the balance of tax due (line 12) from the original due date to the date paid at the

applicable rate listed below. Tax due x number of days from due date to date tax was paid x daily rate decimal

equivalent.

Enter on line 13(a).

Tax Due (line 12)

Number of days

(see decimal rate below)

Interest due

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

follows: (contact the department for applicable rates in any other year)

PERIOD

RATE

DAILY RATE DECIMAL EQUIVALENT

1/1/2001 - 12/31/2001

11%

.000301

1/1/1999 - 12/31/2000

10%

.000274

1/1/1998 - 12/31/1998

11%

.000301

Prior to 1/1/98

15%

.000411

(b)

FAILURE TO PAY: A penalty equal to 10% of any nonpayment or underpayment of taxes shall be imposed if the

executor/administrator fails to pay the tax when due and the failure to pay is due to willful neglect or intentional

disregard of the law but without intent to defraud. If the failure to pay is due to fraud, the penalty shall be 50% of the

amount of the nonpayment or underpayment.

FAILURE TO FILE: An executor/administrator failing to timely file a complete return will be subject to a penalty equal to

(c)

5% of the tax due or $10, whichever is greater, for each month or part thereof that the return remains unfiled or

incomplete. The total amount of this penalty shall not exceed 25% of the balance of tax due or $50, whichever is

greater. Calculate this penalty starting from the original due date of the return until the date a complete return is filed.

Line 13

Enter the total of Lines 13(a), 13(b) and 13(c).

STEP 6

If the total tax (Line 10) plus interest and penalties (Line 13) is greater than the amount previously paid, (Line 11), then

Line 14

enter the balance due. If less than $1.00, do not pay, but still file the return. Make check or money order payable to the

State of New Hampshire. To ensure that the check is credited to the proper account, please put the decedent's name

and social security number on the check.

Line 15

f the total tax (Line 10) plus interest and penalties (Line 13) is less than the amount previously paid, (Line 11), then you

have overpaid the tax and a refund is due. Enter the amount on Line 15. Please allow 12 weeks for processing your

refund.

The return must be dated and signed in ink by the executor or administrator. If the return was completed by a paid preparer, then the

STEP 7

preparer must also sign and date the return. The preparer must also enter their Federal Employer Identification Number or Preparer's

Tax Identification Number and complete address.

DP-146

Instructions

Rev. 11/00

Form Dp-146 - Non-Resident Personal Property Transfer Tax Return Page 3

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