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Generating a New Hampshire BET return in ProConnect Tax

by Intuit Updated 2 months ago

Form BET, Business Enterprise Tax return is required for some Schedule Cs (which may be single-member LLCs) that exceed the gross receipts or enterprise value tax base threshold.

For more Schedule C resources, check out our Tax topics page for Schedule C where you'll find answers to the most commonly asked questions.

Follow these steps to generate Form BET in the Individual return:

  1. From the Input Return tab, go to Income Business Income (Schedule C).
  2. Enter information for each Schedule C and mark as TaxpayerSpouse, or Joint.
  3. From the Input Return tab, go to State and Local -> Taxes
  4. Choose NH BT-Summary Return.
  5. Under Sole Proprietorship Entity, choose one of the following options for Return Type:
    • blank=separate entities
    • 1=taxpayer
    • 2=spouse

Follow these steps to e-file Form BET:

  1. From the Profile tab, check the box to e-file New Hampshire BT-Summary.
  2. From the Check Return tab, review and clear any diagnostics. 
  3. From the File Return tab, you can e-file the return. 
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