DMarkM1
Expert Alumni

Get your taxes done using TurboTax

Yes, you can annualize the income to show you did not receive it until the end of the year in the NH state return.

 

  1. In the "Interest and Dividends Tax" section Update the "Underpayment for Taxes on Interest and Dividends."
  2. At the page titled "Underpayment Penalty DP-10 and click "NO" you do not want the IRS to figure your penalty.
  3. Select "Tax on annualized income"
  4. Fill in the boxes based on the dates the dividends were received.  

 

Note as the page instructs, these boxes are cumulative. So once you put an amount in a box it carries through the remaining boxes other dividends are added to it.  

 

If all were received after 9/30/2022 then put zeroes in all the boxes and continue.

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