New Hampshire stands out among U.S. states for its distinctive tax structure, as it does not impose a broad-based income tax on its residents. This unique feature significantly impacts your net income, potentially leaving more money in your pocket compared to states with comprehensive income taxes.
New Hampshire Income Tax Highlights
- No tax on earned income (wages, salaries)
- 5% tax on interest and dividend income only
- No local income taxes at the city or county level
- Federal income taxes still apply
- New Hampshire does not tax Social Security benefits or other retirement income
New Hampshire Calculators & Tools
Calculate Your Take-Home Pay
Input your income details and see how much you make after taxes and deductions.
Bonus Calculators
Find out how much your bonus will be taxed.
Net-to-Gross
Find out how much your gross pay should be for a specific take-home pay.
Withholding Forms
Specialty Calculators
Dual Scenario Hourly
Compare your take home pay in different hourly scenarios.
Dual Scenario Salary
Compare your take home pay in different salary scenarios.
401k Calculator
See how increasing your 401k contributions will affect your paycheck and your retirement savings.
Tax Tip Calculator
Determine your take home from tips after taxes
Learn more about the Payroll Process in New Hampshire
Visit the New Hampshire Payroll Guide page
While New Hampshire's lack of a broad-based income tax simplifies paycheck calculations for most residents, other factors still affect your take-home pay:
- Federal income tax withholding
- Social Security and Medicare contributions (FICA taxes)
- Any voluntary deductions (e.g., health insurance, retirement contributions)
- 5% tax on interest and dividends (if applicable)
Fun Facts
Known for its beautiful fall foliage, New Hampshire also plays a key role in U.S. politics by holding the first primary in presidential elections. The state offers outdoor activities year-round, from skiing to hiking in the White Mountains.