FULL List to New Hampshire Tax Forms
Individual Income Tax Forms
Form New Hampshire Individual Tax Return
Corporate Income Tax Forms
Form New Hampshire Business Tax Return
Form New Hampshire Business Profit Tax Return
Property Tax Forms
Form PA-29 Permanent Application for Property Tax Credit-Exemption
New Hampshire tax encompasses various areas of daily life. Aside from filing the basic necessities of New Hampshire income tax, one must also be familiar with aspects of New Hampshire tax that they may bypass on their way to their own tax returns.
Examples of such taxes include a tobacco tax, excavation tax, and electricity consumption tax. In addition, aside from these taxes, there also exists relief when concerning low/moderate income homeowners property tax.
When New Hampshire tax references tobacco tax, you must be familiar with the requirement of stamps. All cigarette packages must be stamped through a heating process. If, however, the packaging does not provide enough space for the stamp, wholesalers or retailers must keep documentation that states the quantity of the cigarettes as well as must submit reports each month to the department, which must consist of the manufacturer invoice as well as the tax that had been calculated previously according to each quantity.
In general, taxes are specified in terms of packs of 20 cigarettes versus that of 25, and the same goes for "smokeless" tobacco products. Tax liability will be imposed upon the individual or party involved in such proceedings connected with the collection of taxes on tobacco products. In terms of New Hampshire tax law when imposed upon excavation of public lands, taxes must be paid by individuals who possess rights to excavate the land, purchased those rights, or had excavated the land themselves.
Exemptions do exist when concerning excavation, however. Specifications include excavation within the parameters of 1000 cubic yards, excavation of a public land where the earth taken up will, then, be used to modify another piece of land or "right of way." Additional qualifications must also occur, however, such as that land not be sold, as well as it be under the ownership of governing bodies such as the federal or state government.
Electricity consumption tax according to New Hampshire law, specific calculations must be derived from the acquirement of how much kilowatts are consumed each hour. According to specifications set forth by New Hampshire tax law, distributing companies must set forth how much each of their consumers had made use of for each month of service.
In addition, they must do so through avenues other than that of the meter devices. The companies will also determine their own electrical energy used in manufacturing or distribution. Taxes will be distributed to consumers as is specified from each company by law. The filing of electricity consumption tax returns must occur in concurrence as well. In the event where customers have been delinquent on their payments, distribution companies may acquire deductions on their electricity consumption tax returns.
In reference to a type of relief that may be available according to New Hampshire tax law, tax relief may be filed for low/moderate income homeowners property tax between May 1st and June 30th. Filers must include all pertinent data relating to themselves and any individuals under that household.
All data must be legitimate and true since penalties do exist for the following examples of untrue statements: "understatement of household income, claiming of multiple households, and inclusion of property outside the definition of 'homestead.”
NEXT: New Jersey State Tax