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Every business organization with gross business income from all business activities of more than $50,000 must file a BPT return. For taxable periods ending on or after December 31, 2022, this filing threshold is increased to $92,000.
After much consideration and review, the tax deadline for the State of New Hampshire will remain April 15, 2021.
Individuals: Individuals who are residents or inhabitants of New Hampshire for any part of the tax year must file a return if they received more than $2,400 of gross interest and/or dividend income for a single individual or $4,800 of such income for a married couple filing a joint New Hampshire return.
New Hampshire does not tax individuals' earned income, so you are not required to file an individual New Hampshire tax return. The state only taxes interest and dividends at 5% on residents and fiduciaries whose gross interest and dividends income, from all sources, exceeds $2,400 annually ($4,800 for joint filers).
Payment for all DRA tax types should be made through the Department's online portal, GRANITE TAX CONNECT. Click on the link to access your existing account or to create a new account today.
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New Hampshire does not have a state sales tax and does not levy local sales taxes. New Hampshire's tax system ranks 6th overall on our 2022 State Business Tax Climate Index. Each state's tax code is a multifaceted system with many moving parts, and New Hampshire is no exception.
Nine states \u2014 Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming \u2014 have no income taxes. New Hampshire, however, taxes interest and dividends, according to the Tax Foundation.
Pensions: New Hampshire is the only New England state without a general income tax. The state currently imposes a tax on interest and dividends instead (although it's being phased out and will be completely repealed in 2027). That means no tax on your pension income if you retire to the Granite State.
Payment for all DRA tax types should be made through the Department's online portal, GRANITE TAX CONNECT. Click on the link to access your existing account or to create a new account today.
65-74 years of age are allowed $156,000 assessed value deducted from total assessed value. 75-79 years of age are allowed $210,000 assessed value deducted from total assessed value. 80+ years of age are allowed $280,000 assessed value deducted from total assessed value.

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