Social Security benefits in New Hampshire
Varies
Is Social Security Taxed in New Hampshire?
Short answer: No. New Hampshire does not tax wages or Social Security, and its Interest and Dividends Tax was repealed for tax periods beginning on or after January 1, 2025. The former Interest and Dividends Tax never applied to Social Security benefits. 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.
Federally, up to 85% of benefits can be taxable depending on your combined income (IRS Pub 915); that part doesn't change by 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.
Social Security benefits in New Hampshire
Varies
Individuals / Personal Taxes
No. New Hampshire does not tax wages or Social Security, and its Interest and Dividends Tax was repealed for tax periods beginning on or after January 1, 2025. The former Interest and Dividends Tax never applied to Social Security benefits. 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No. New Hampshire does not tax wages or Social Security, and its Interest and Dividends Tax was repealed for tax periods beginning on or after January 1, 2025. The former Interest and Dividends Tax never applied to Social Security benefits. 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. Federally, up to 85% of benefits can be taxable depending on your combined income (IRS Pub 915); that part doesn't change by state.
Category
- Personal Tax Deductions