New Hampshire Business Tax Calculator
Calculate corporate income tax, franchise tax, and gross receipts tax for businesses operating in New Hampshire.
πΊοΈWhy calculating in this state is different
New Hampshire has no income or sales tax.
State Income Tax
None
Base Sales Tax
None
State Min Wage
$7.25 / hr
Abbreviation
NH
New Hampshire Business
This calculator uses the latest 2026 data for New Hampshire, including the minimum wage of $7.25/hr and the specific lack of a state income tax.
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State Tax RateNone
πState Details
State Income Tax
None
Base Sales Tax
None
State Min Wage
$7.25/hr
Abbreviation
NH
Net Income
$58,500.00
after taxes in New Hampshire
Gross Income
$75,000.00
Total Tax
$16,500.00
πKey Metrics
Net Income
$58,500.00
after taxes
State Tax
$0.00
state income tax
Effective Tax Rate
22.0%
total tax burden
βΉοΈSummary
Gross Income$75,000.00
Federal Tax$16,500.00
State Tax$0.00
Net Income$58,500.00
βFrequently Asked Questions
What is the corporate tax rate in New Hampshire?
Corporate tax structures vary. In addition to potential corporate income taxes, businesses in New Hampshire must also consider unemployment insurance taxes, sales tax collection (0%), and local business licenses.
Do LLCs pay tax in New Hampshire?
LLCs are typically pass-through entities, meaning profits pass through to the owners' personal tax returns and are taxed at the personal 0% rate. However, New Hampshire may also impose an annual LLC franchise fee.
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