BET-80: Business Enterprise Tax Apportionment (2024)
New Hampshire · New Hampshire DRA · Used for tax years 2024
New Hampshire Form BET-80 calculates business enterprise tax apportionment using New Hampshire and everywhere compensation and wages, property, and sales. It calculates taxable dividends, compensation, and interest to enter on Form BET.
What you'll need
Have the following information ready to complete BET-80:
- Business enterprise name and taxpayer identification number.
- Taxable period beginning and ending dates if you are not using calendar year 2024.
- New Hampshire and everywhere compensation and wages paid or accrued.
- Average New Hampshire property and average everywhere property.
- New Hampshire sales and everywhere sales.
- Dividends paid and the dividend deduction.
- Retained compensation and dividend offsets.
- Interest paid or accrued.
Common mistakes
- Round dollar amounts to the nearest whole dollar.
- Express the factors on Lines 3, 6, 9, and 11 to six decimal places.
- If taxable dividends on Line 16 are negative, use a minus sign. When carrying that amount to Line 17, enter zero if it is negative.
- Carry the dividend factor from Line 11 to Line 15, the compensation factor from Line 3 to Line 21, and the interest factor from Line 6 to Line 26.
- Transfer the totals to Form BET: Line 17 to Form BET, Line 1; Line 24 to Form BET, Line 2; and Line 29 to Form BET, Line 3.
Questions people ask
What is BET-80 used to calculate?
BET-80 calculates business enterprise tax apportionment for dividends, compensation and wages, and interest. Its totals carry to Form BET.
How do I calculate the compensation factor?
Divide New Hampshire compensation and wages paid or accrued on Line 1 by everywhere compensation and wages paid or accrued on Line 2. Enter the result to six decimal places on Line 3 and carry it to Line 21.
How do I calculate the interest factor?
Divide average New Hampshire property on Line 4 by average everywhere property on Line 5. Enter the result to six decimal places on Line 6 and carry it to Line 26.
How do I calculate the dividend factor?
First, divide New Hampshire sales on Line 7 by everywhere sales on Line 8 to calculate the sales factor on Line 9, expressed to six decimal places. Add Lines 3, 6, and 9 on Line 10. Divide Line 10 by the number of “EVERYWHERE” factors in that subtotal. Enter the result to six decimal places on Line 11 and carry it to Line 15.