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New Hampshire State Income Tax

New Hampshire state tax basis is Interest and dividends income.

Interest/Divident Income: Interest and dividends from the following sources are taxable:annuities, financial institutions, bonds, notes, private mortgages and loans, corporation, mutual funds (unless invested solely in New Hampshire tax-exempt instruments),and cash or property distributions from a taxable partnership,association, trust, or S-orporation. U.S. government bonds are exempt. Earnings on college tuition savings programs and on IRAs, Keogh plans, and other federally-exempt retirement plans and tax-deferred investments are exempt

Rent Income: Separate business profits and business enterprise taxes

Capital Gain: There is no Captial Gain Tax in New Hampshire.

Unemployment Income: Unemployment income is exempt from state taxes.

Social Security Benefits: All social security income is exempt from state taxes.

State Bond Interest: Taxable except New Hampshire obligations

Health Savings Accounts: There is no provision for state tax tax deduction from for the Health Saving Accounts.

Disability: Exempt

Lottery: Exempt

Federal Income Tax: Exempt

Check other state tax links below.

Last Updated ( Friday, 11 September 2009 04:26 )