SCHEDULE III: Schedule III (2025)
New Hampshire · New Hampshire DRA · Used for tax years 2025
New Hampshire’s 2025 Schedule III calculates net foreign dividend factor increments. It lists payors, dividends, taxable income, and sales, payroll, and property amounts to calculate modified factor totals carried to Schedule II.
What you'll need
The form asks for the following information:
- Principal business organization name and taxpayer identification number.
- The taxable period, if using a period other than calendar year 2025.
- Each payor’s name, dividend amount, and taxable income.
- Sales and receipts, payroll, beginning property, ending property, and rents used in the factor calculations.
The form does not name specific supporting documents to attach.
Common mistakes
Remember to carry the total modified factor amounts to Schedule II, lines 1(b), 4(b), and 5(b), as directed at the bottom of Schedule III.
Questions people ask
What is Schedule III called?
Its title is “Net Foreign Dividend Factor Increments.”
How is the percentage in Column D calculated?
Divide the dividend in Column B by the taxable income in Column C.
How are average property and total property calculated?
For average property in Column I, add beginning property in Column G to ending property in Column H, then divide by 2. Column J is rents multiplied by 8. For total property in Column K, add Columns I and J.
How are the modified factors calculated?
- Modified sales, Column L: Column D multiplied by Column E.
- Modified payroll, Column M: Column D multiplied by Column F.
- Modified property, Column N: Column D multiplied by Column K.