New Hampshire Income Tax
New Hampshire has no state income tax on wages or salaries. The state previously taxed interest and dividends income at 5%, but that tax was fully repealed effective January 1, 2025, making New Hampshire a true no-income-tax state.
Tax Type
No Income Tax
Income Tax Rate
0%
Tax Brackets
None
What You Should Know
With the repeal of the interest and dividends tax in 2025, New Hampshire now joins the ranks of states with no income tax at all. The state has no sales tax either, relying instead on property taxes and business taxes for revenue. New Hampshire's property taxes are among the highest in the nation. Residents still owe federal income tax and FICA taxes on their earnings.