Free New Hampshire Tax Calculator

New Hampshire is a special case: it has no tax on WAGES, but it historically taxed interest and dividend income. That dividend tax (5% in recent years) has been phased down on a schedule — dropping 1 percentage point per year — and reached zero in 2026, at which point New Hampshire became a full no-income-tax state.

A New Hampshire paycheck is a federal-only affair: 2026 federal brackets (10% to 37%) after the $16,100 standard deduction (single), 6.2% Social Security up to $184,500, and 1.45% Medicare. A $75,000 single earner keeps about $61,592 of it — the state takes no share of wages.

New Hampshire funds itself through property tax — the highest average rate in the country at 2.19% effective, driven by the absence of broad-based income and sales taxes. There's no state sales tax either (New Hampshire is one of the five zero-sales-tax states). Manchester and Nashua add no local income taxes.

The trade-off math matters for homeowners: the zero income tax saves a $75,000 earner roughly $3,000/yr versus a 5%-flat-tax state, but a $400,000 house in New Hampshire carries about $8,760 in property tax versus roughly $2,000 in a low-property-tax state. Renters and high earners come out well ahead; homeowners with modest incomes need to run the full numbers.

Filing in New Hampshire: no wage tax means no state return on paycheck income — there is no filing obligation for W-2 earnings. The old interest-and-dividend return (DP-10) is gone now that the tax has reached zero.