New Hampshire Income Tax Calculator 2026

New Hampshire has no state income tax. See how NH compensates with other taxes and what it means for your finances.

$
Deduction

Federal Income Tax

$7,670.00

Effective Tax Rate

10.23%

Marginal Tax Rate

22%

FICA (SS + Medicare)

$5,737.50

Total Tax Burden

$13,407.50

After-Tax Income

$61,592.50

Tax Calculation Breakdown

Gross Income$75,000.00
Above-the-Line Deductions- $0.00
Adjusted Gross Income (AGI)$75,000.00
Standard Deduction- $16,100.00
Taxable Income$58,900.00
10% on $0.00 – $12,400.00$1,240.00
12% on $12,400.00 – $50,400.00$4,560.00
22% on $50,400.00 – $105,700.00$1,870.00
Federal Income Tax (before credits)$7,670.00
Federal Income Tax (after credits)$7,670.00
Social Security (6.2%)$4,650.00
Medicare (1.45%)$1,087.50
Total FICA$5,737.50
Total Tax$13,407.50
After-Tax Annual Income$61,592.50
Monthly Take-Home$5,132.71

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

New Hampshire Income Tax Overview

New Hampshire is one of a small group of states with no broad-based personal income tax. Wages, salaries, and self-employment earnings are not taxed at the state level, and the state's older tax on interest and dividends has been fully phased out, so investment income is no longer taxed either. For a resident, that means the only income tax bill arrives from the federal government on IRS Form 1040 each spring.

Having no state income tax does not erase your federal obligations. Federal brackets, Social Security, and Medicare apply exactly as they do anywhere else, and you still file a federal return. What disappears is the second filing and the second tax that residents of most states stack on top. New Hampshire instead leans on property taxes and targeted business taxes for revenue, which is why a Granite State household can keep all of its wage income while still paying among the highest property tax rates in the country.

State Income Tax

0%

New Hampshire has no state income tax

New Hampshire Tax Snapshot

Sales Tax 0%
Avg. Property Tax 0.0186%
Minimum Wage $7.25/hr

Official Sources:

New Hampshire Income Tax FAQ

Does New Hampshire have a state income tax in 2026?
No. New Hampshire does not tax earned income, and the former Interest and Dividends Tax has been repealed, so investment income is untaxed too. Residents file only a federal return with the IRS for their personal income. The state funds itself largely through property taxes and business taxes rather than a personal income tax.
If I live in New Hampshire but work in another state, do I owe income tax?
Possibly. New Hampshire will not tax your wages, but the state where you physically perform the work generally can. Cross-border commuters, such as those working in Massachusetts, may have that state's income tax withheld and need to file a nonresident return there. New Hampshire offers no credit because it imposes no tax of its own to offset.
Did New Hampshire used to tax interest and dividends?
Yes. For decades the state taxed interest and dividend income above a small exemption, even though it never taxed wages. That Interest and Dividends Tax was phased down over several years and has now ended, leaving New Hampshire with no personal income tax of any kind. Investment income is reported only on your federal return.
How does no state income tax affect my overall tax burden?
Your federal income tax, Social Security, and Medicare are unchanged, so a New Hampshire resident pays the same federal bill as anyone with that income. The savings come from skipping the state layer entirely. That advantage is partly offset for homeowners by the state's high property tax rates, which fund schools and town services in place of an income tax.