New Hampshire Tax Filling

Filing Your New Hampshire Taxes

It is tax season again – or for some new workers it’s a brand-new thing. Figuring out and filing your tax forms can be intimidating – but there is help. Here you will find answers, forms and more that will make your paperwork easier, faster and, one hopes, less stressful. The information below will help you determine your residency status, find the correct forms and give you other information you need to get started.

New Hampshire state income tax returns for 2012 are due April 15.

Comparing Your Options in Online Tax Software

TurboTax and H&R Block are the most prominent online tax software providers for those who do their own taxes. All are useful for many types of personal and business tax filing. Each provider has its pros and cons - but we did all the work for you. Just take a look at the chart below to find the best one for your needs.

Note that TurboTax offers FREE state income tax filing in New Hampshire! Click on the provider to find out if you qualify.

New Hampshire Tax Forms

• NH BT-EXT - New Hampshire Payment Form and Application for Extension of Time to File Business Tax Return

Taxes in New Hampshire

In New Hampshire, the subject of taxation is a sticky one. Because there are no broad (state wide) sales taxes or personal state income taxes, the properties taxes are among the highest in the nation. And although the state doesn’t charge income tax, it does tax income from dividends and interest.

Property Tax in New Hampshire

Property taxes are levied by the local or municipal governments and are based upon the assessed valuation. Contact the Property Appraisal Division for more information on property tax rates in your area.

Interest and Dividend Tax

New Hampshire levies a 5% tax on all interest and dividend income. All resident individuals, fiduciaries and trusts with non-transferable shares that earn interest and dividends in excess of $2,400 are required to pay this tax. There is, however, a $1,200 exemption for taxpayers who are blind and/or are disabled and unable to work, or are older than 65.

Gambling Winnings

Any gambling winnings are taxed at 10%, so if you got lucky at the casino, don’t forget to pay those taxes!

Business Taxes

The Business Profit Tax is an 8.5% tax levied on all business organizations earning more than $50,000 in gross business income. Some businesses are also required to pay the Business Enterprise Tax if they earned more than $150,000 in gross receipts.

For more information on New Hampshire taxes, go to the New Hampshire Department of Revenue Administration website.