New Hampshire Taxes - Advantages for its Residents
In addition to being a lower cost of living state, New Hampshire taxes offer many advantages for its residents. Many come from the surrounding states to retire there. Here are some: - Private pensions are not subject to income tax in New Hampshire.
- Interest and dividends are taxed at 5% in New Hampshire.
- The first $2,400 per person of interest and dividends is tax exempt for NH residents.
- Capital gains of all types are not taxed in New Hampshire.
- New Hampshire has NO sales tax.
- New Hampshire has NO income tax on wages.
- New Hampshire has NO estate tax.
See New Hampshire tax overview on the government site. Tax Overview This helpful list was provided to us by The Huntington at Nashua Retirement Community. Please verify all information and consult your tax consultants and experts. This is an information only website.
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