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Get your taxes done using TurboTax
There are a few states that do not recognize the federal S election with New Hampshire as one of those.
S corporation distributions to resident owners are reported as dividends and subject to interest and dividend tax.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
Also keep in mind the date of replies, as tax law changes.
‎June 4, 2019
1:04 PM