Income Taxes: Difference between revisions
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(Created page with "New Hampshire has no general income tax at the state level, however there is currently an Interests and Dividends tax. This tax is going away after December 31st, 2026 thanks to the effort of liberty legislators in NH, meaning that soon New Hampshire will be totally free of all state-level income taxes. Please see the following table: {| class="wikitable" |- ! Year ! Interests and Dividends Tax Rate |- | 2023 | 4% |- | 2024 | 3% |- | 2025 | 2% |- | 2026 | 1% |- | 202...") |
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New Hampshire has no general income tax at the state level, however there is currently an Interests and Dividends tax. This tax is going away after December 31st, 2026 thanks to the effort of liberty legislators in NH, meaning that soon New Hampshire will be totally free of all state-level income taxes. | New Hampshire has no general income tax at the state level, however there is currently an Interests and Dividends tax. This tax is going away after December 31st, 2026 thanks to the effort of liberty legislators in NH, meaning that soon New Hampshire will be totally free of all state-level income taxes. | ||
Please see the following table: | Please see the following table: | ||
{| class="wikitable" | {| class="wikitable" | ||
|- | |- | ||
Revision as of 19:34, 15 June 2022
New Hampshire has no general income tax at the state level, however there is currently an Interests and Dividends tax. This tax is going away after December 31st, 2026 thanks to the effort of liberty legislators in NH, meaning that soon New Hampshire will be totally free of all state-level income taxes.
Please see the following table:
| Year | Interests and Dividends Tax Rate |
|---|---|
| 2023 | 4% |
| 2024 | 3% |
| 2025 | 2% |
| 2026 | 1% |
| 2027 | 0% |
