New Hampshire Income Taxes
"The Granite State"
Start Federal Tax Return
NH Income Tax Filing Deadline
New Hampshire does not levy a general state income tax on individuals, so you are not required to file an individual state tax return for New Hampshire. The state does tax investment income and and dividends. If you earned a certain amount of investment income and/or dividends (described in detail in the "NH Income Tax" section), you may have to file Form DP-10, Interest and Dividends Tax Return, on that income.
New Hampshire Tax Facts
NH Income Tax
New Hampshire has no general personal income tax, but the state does tax interest and dividends at 5%. This tax is due from resident individuals, partnerships, limited liability companies, and fiduciaries with nontransferable shares earning more than $2,400 per year (joint filers: $4,800) from their investments.
An exemption of $1,200 may apply for the following:
- Residents who are 65 of age or older
- Residents (of any age) who are blind
- Disabled individuals who are unable to work (and had not reached their 65th birthday)
NH Sales Tax
New Hampshire doesn't have a state sales tax.
More information on New Hampshire Sales Tax
NH Personal Property Tax:
Personal property taxes in New Hampshire are collected at the local level. Municipalities send tax bills to the location of the property on an annual, semi-annual, or quarterly basis. Tax due dates are based on the bill's issue date. The assessed value of residential property is based on 100% of the full market value. Local tax rates are adjusted to reflect the property's value changes. These equalized tax rates (ETR) reflect the local properties' true market values.
Odd New Hampshire Tax Fact
New Hampshire has a timber tax. This is imposed on all of a landowner's timber at 10% of the stumpage value at the time it's cut down.
The following types of timber are exempt from the tax:
- Ornamental and shade trees
- Christmas trees
- Nursery stock
- Sugar orchards
- Firewood used for maple syrup manufacturing
- Firewood used for domestic heating (must be 20 cords) and/or saw logs for personal use by a landowner within the state (must be 10,000 board feet)
New Hampshire State Tax Agency Contacts
You can contact the New Hampshire Department of Revenue Administration at 603-230-5000.
For more information on New Hampshire state income taxes, you can visit the website of The New Hampshire Department of Revenue.
See other U.S. States, Territories, and Protectorates.