New Hampshire Code of Administrative Rules
Rev - Department of Revenue Administration
Chapter Rev 300 - BUSINESS PROFITS TAX
Part Rev 305 - COMPUTATION OF TAX, ESTIMATED TAX, PAYMENTS AND REFUNDS
Section Rev 305.03 - Application of an Overpayment
Universal Citation: NH Admin Rules Rev 305.03
Current through Register No. 13, March 27, 2025
(a) An overpayment of tax, verified by the department, shall be treated in the following sequence:
(1) Applied to offset any other tax liability
of the business organization or the water's edge combined group, as defined in
RSA
77-A:1, XV, in accordance
with RSA
21-J:28-a, IV;
(2) Refunded to the taxpayer if requested by
the taxpayer;
(3) Credited to
subsequent tax liability in accordance with
RSA
77-A:7, I(b); or
(4) A combination of (a)(2) and (a)(3),
above, if indicated by the business organization or the water's edge combined
group.
(b) A business organization not required to file a tax return, which incorrectly files and make a payment of estimated taxes, shall request a refund by:
(1) Completing and filing Form BT-SUMMARY
with the department to request a refund pursuant to
RSA
21-J:29, I(b); or
(2) Submitting a written request:
a. To the department at:
New Hampshire Department of Revenue Administration
Taxpayer Services Division
PO Box 3306
109 Pleasant Street
Concord, NH 03302-3306; and
b. Which includes the following:
1. Name and mailing address;
2. Taxpayer identification number;
3. The type of entity for the business
organization;
4. The reason the
estimated tax payment was not required to be made;
5. The tax year for which the estimated tax
payment was made;
6. The amount of
the estimated tax payment; and
7.
Preparer's dated signature.
#2012, eff 5-5-82; ss by #2722, eff 5-23-84; ss by #4192, eff 12-23-86; ss by #5490, eff 10-19-92; amd by #5910, eff 10-14-94; ss by #6853, eff 9-23-98; ss by #8709, eff 8-25-06
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