BET: Business Enterprise Tax Return (2025)
New Hampshire · New Hampshire DRA · Used for tax years 2025
Form BET is New Hampshire’s Business Enterprise Tax Return. It reports gross business receipts, dividends paid, compensation and wages paid or accrued, and interest paid or accrued, and calculates the taxable enterprise value tax base and tax due after credits.
Who files this form
For tax year 2025, you must file Form BET if either:
- Your gross business receipts were greater than $298,000, or
- Your enterprise value tax base was greater than $298,000.
What you'll need
Have these details ready to complete the return:
- Taxpayer name and taxpayer identification number.
- Beginning and ending dates if filing for a taxable period other than calendar year 2025.
- Total gross business receipts.
- Dividends paid, compensation and wages paid or accrued, and interest paid or accrued.
Use Form DP-160 to determine credits against BET. You will also need BT-SUMMARY to report the tax due on Line 1(a).
Common mistakes
- Do not leave amounts in dollars and cents. Round to the nearest whole dollar.
- Do not enter a negative amount on Line 7. If Line 5 minus Line 6 is negative, enter zero.
- Remember to report Line 7 tax due on BT-SUMMARY, Line 1(a).
- Check the Form BET-80 box if you are required to file that form.
Questions people ask
How do I calculate the taxable enterprise value tax base?
Add dividends paid on Line 1, compensation and wages paid or accrued on Line 2, and interest paid or accrued on Line 3. Enter the total on Line 4.
How do I calculate BET before credits?
Multiply Line 4 by .0055 and enter the result on Line 5.
How do I determine credits against BET?
Use Form DP-160 to determine your credits, then enter them on Line 6.
How do I calculate and report the tax due?
Subtract Line 6 from Line 5 and enter the result on Line 7. If the result is negative, enter zero. Report the tax due on BT-SUMMARY, Line 1(a).