New Hampshire Bank Account Monthly Withdrawal Authorization
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How to fill out Bank Account Monthly Withdrawal Authorization?
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FAQ
The Schedule B has three sections: interest, ordinary dividends and foreign accounts and trusts. To complete the interest section, you need to separately report the name of each institution that sends you a 1099-INT form and the amount of interest it reports.
New Hampshire uses Form DP-10 for full or part-year residents. The DP-10 only has to be filed if the taxpayer received more than $2400 (single) or $4800 (joint) of interest and/or dividends. TaxAct® supports this form in the New Hampshire program.
The I&D Tax return, Form DP-10, is due on the 15th day of the 4th month following the end of the taxable period. The Form DP-10 and Form DP-10-ES Estimates may be obtain from the Department's website or by calling the Forms Line at (603) 230-5001.
The tax is assessed on interest and dividend income at a rate of 5%. Interest and dividend income of $2,400 ($4,800 for joint filers) is exempt from the I&D tax. An additional exemption of $1,200 is available to taxpayers who are 65 years of age or older, blind, or younger than age 65 and disabled and unable to work.
Form 1099-DIV is used by banks and other financial institutions to report dividends and other distributions to taxpayers and to the IRS.
