Military retirement pay in New Hampshire
Varies
Does New Hampshire Tax Military Retirement Pay?
Short answer: No. New Hampshire has no tax on wages or pensions (its interest and dividends tax was repealed starting in 2025), so military retired pay is not taxed. With no income tax, New Hampshire relies more on sales and property taxes; older homeowners get this break: Low and Moderate Income Homeowners Relief refunds part of the state education tax; income up to $37,000 single, $47,000 married.
Military retired pay is taxable federally; VA disability compensation isn't taxed federally or by any state.
Records to keep: Keep your state return, W-2s and 1099s (1099-R, SSA-1099), and any state credit worksheets. Check your state revenue department's current-year instructions before you file.
Military retirement pay in New Hampshire
Varies
Individuals / Personal Taxes
No. New Hampshire has no tax on wages or pensions (its interest and dividends tax was repealed starting in 2025), so military retired pay is not taxed. With no income tax, New Hampshire relies more on sales and property taxes; older homeowners get this break: Low and Moderate Income Homeowners Relief refunds part of the state education tax; income up to $37,000 single, $47,000 married.
Business justification
No. New Hampshire has no tax on wages or pensions (its interest and dividends tax was repealed starting in 2025), so military retired pay is not taxed. With no income tax, New Hampshire relies more on sales and property taxes; older homeowners get this break: Low and Moderate Income Homeowners Relief refunds part of the state education tax; income up to $37,000 single, $47,000 married. Military retired pay is taxable federally; VA disability compensation isn't taxed federally or by any state.
Category
- Personal Tax Deductions