The NH DP-2210 Turbo tax form claims that the penalty rate is 7% for underpayments through 12/31/2020 (line 17) and that the rate for underpayments from 1/1/2021 through 4/15/2021 (line 20) is ALSO the same 7%.
BUT - when you read the instructions from the NH Tax authority, they show that the penalty rate for the period from 1/1/2021 to 12/31/2021 is only 5%. https://www.revenue.nh.gov/forms/2021/documents/dp-2210-2220-instructions-2020.pdf SO, what is the scoop? Is it 5% or is it 7%.
