{"place":"New Hampshire","kind":"state","asOf":"2026-10-07","url":"https://gigaverse.ai/local/new-hampshire","state":{"code":"NH","name":"New Hampshire","slug":"new-hampshire","incomeTax":{"type":"none","flatRate2026":null,"lowestRate2026":null,"topRate2026":null,"topRateStartsSingle":null,"notes":"The Interest & Dividends Tax was repealed for tax periods beginning on or after January 1, 2025. New Hampshire does not tax wages, but its business taxes (BPT/BET) apply to proprietorships above the filing thresholds.","source":"https://www.revenue.nh.gov/news-and-media/nh-department-revenue-administration-shares-2026-tax-tips-and-filing-guidance"},"estimatedTax":null,"minimumWage2026":{"standard":7.25,"tippedCash":3.27,"tipCreditAllowed":true,"notes":"New Hampshire law sets its minimum wage at the federal rate. Tipped workers at restaurants, hotels, and similar businesses who receive more than $30 a month in tips must get a base rate of at least 45% of the minimum ($3.27), and tips must bring them to $7.25.","source":"https://gc.nh.gov/rsa/html/XXIII/279/279-21.htm"},"soleProprietorTaxes":[{"name":"New Hampshire Business Profits Tax (BPT)","summary":"7.5% tax on New Hampshire business profits. It applies to proprietorships, LLCs, and other business organizations with more than $109,000 in gross business income from all activities, for tax periods beginning on or after January 1, 2025 (the threshold is adjusted every 2 years). Proprietors file Form NH-1040. If the tax is more than $200, four 25% estimated payments are due on the 15th day of the 4th, 6th, 9th, and 12th months.","source":"https://www.revenue.nh.gov/resource-center/frequently-asked-questions/business-profits-tax"},{"name":"New Hampshire Business Enterprise Tax (BET)","summary":"0.55% tax on the enterprise value tax base, which is compensation, interest, and dividends paid. A business must file if it has more than $298,000 in gross receipts or more than $298,000 in enterprise value tax base, for tax periods beginning on or after January 1, 2025 (adjusted every 2 years). BET paid can be credited against the BPT.","source":"https://www.revenue.nh.gov/taxes-glance/business-taxes"}],"contractorLaws":[{"name":"Unemployment ABC test (RSA 282-A:9, III)","summary":"For unemployment insurance, paid services count as employment unless the state is shown all three: the worker is free from control, the work is outside the business's usual course or outside all its places of business, and the worker is customarily in an independently established business.","source":"https://gc.nh.gov/rsa/html/XXIII/282-A/282-A-9.htm"},{"name":"Wage-law independent contractor criteria (RSA 275:42, II)","summary":"Under New Hampshire wage law, a worker is not an employee only if they meet all 7 criteria. They have an EIN or SSN; control how the work is done; control when it is done; hire and pay their own helpers; hold themselves out as in business (or are registered with the state) with ongoing business obligations; are responsible for finishing the work; and are not required to work only for that business.","source":"https://gc.nh.gov/rsa/html/XXIII/275/275-42.htm"}],"notes":"Under the BPT, proprietorships and LLCs can deduct reasonable pay for the owner's own services. Instead of documenting that amount, they can take a safe-harbor deduction of up to $75,000 (RSA 77-A:4, III, gc.nh.gov/rsa/html/V/77-A/77-A-4.htm). New Hampshire's business tax code conforms to the Internal Revenue Code as of December 31, 2018, not to the 2025 federal changes (DRA 2026 tax tips)."},"stateRetirementProgram":{"state":"New Hampshire","code":"NH","programName":null,"status":"none","employerMandate":null,"mandateMin":null,"keyDates":null,"covers1099":null,"selfEnroll":"n/a","sourceUrl":"https://cri.georgetown.edu/states","note":"No enacted state-facilitated program.","lastVerified":"2026-09-09"},"city":null,"guides":[{"audience":"consultants","url":"https://gigaverse.ai/local/new-hampshire/consultants"},{"audience":"freelancers","url":"https://gigaverse.ai/local/new-hampshire/freelancers"},{"audience":"content-creators","url":"https://gigaverse.ai/local/new-hampshire/content-creators"},{"audience":"entrepreneurs","url":"https://gigaverse.ai/local/new-hampshire/entrepreneurs"},{"audience":"gig-workers","url":"https://gigaverse.ai/local/new-hampshire/gig-workers"},{"audience":"tipped-workers","url":"https://gigaverse.ai/local/new-hampshire/tipped-workers"},{"audience":"tradespeople","url":"https://gigaverse.ai/local/new-hampshire/tradespeople"}],"disclaimer":"Educational information for 2026, not tax, legal or investment advice. Sources are cited per fact."}