N.H. Admin. Code § Rev 305.03 - Application of an Overpayment

(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.

Notes

N.H. Admin. Code § Rev 305.03

#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

Amended byVolume XXXV Number 06, Filed February 12, 2015 , Proposed by #10758, Effective 1/16/2015, Expires1/16/2025. Amended by Volume XL Number 46, Filed November 12, 2020, Proposed by #13126-B, Effective 10/24/2020, Expires 10/24/2030 Amended by Volume XLII Number 41, Filed October 13, 2022, Proposed by #13450, Effective 9/23/2022, Expires 9/24/2032.