No Why did I receive a NH Form 1099-G and what should I do with it?The New Hampshire Department of Revenue Administration is required by the Internal Revenue Service to notify any non-corporate taxpayer by January 31, of activity in the prior year that was a refund, credit or offset of taxes based on income.Yes, you must report all such distributions, including non-cash distributions, on Page 2, Line 2 of the New Hampshire I&D Tax return.If any part of a distribution is not subject to tax, you would deduct the appropriate amount on Page 2, Line 4. For taxable periods ending before December 31, 2013, if the trust has transferable shares (i.e. How does Special Session House Bill 1 of 2010 affect me? And, a ,200 exemption is available to disabled individuals who are unable to work, provided they have not reached their 65th birthday. The I&D Tax return, Form DP-10, is due on the 15th day of the 4th month following the end of the taxable period.
For taxable periods ending on or after December 31, 2013, interest and dividend income received by estates held by trustees treated as grantor trusts under section 671 of the United States Internal Revenue Code shall be included in the return of their grantor, to the extent that the grantor is an inhabitant or resident of New Hampshire.Income reported by, and taxed federally as interest or dividends to, a trust beneficiary who is an individual inhabitant or resident of New Hampshire with respect to distributions from a trust that is not treated as a grantor trust under section 671 of the United States Internal Revenue Code shall be included as interest or dividends in the return of such beneficiary and subject to taxation in accordance with the provisions of RSA Chp. Is interest and dividends from College Investment Savings Plans taxable to New Hampshire under the I&D Tax?