Interest & Dividends Tax
The Interest and Dividends (I&D) Tax is a tax assessed on interest and dividend income.
The State of New Hampshire does not have an income tax on an individual's reported W-2 wages.
The tax is assessed at 5% for tax periods ending prior to December 31, 2023. Recently enacted legislation phased out the I&D Tax starting at 4% for taxable periods ending on or after December 31, 2023, and 3% for taxable periods ending on or after December 31, 2024. The I&D Tax is then repealed for taxable periods beginning after December 31, 2024.
You can find all the required forms for filing the I&D tax by selecting the below link.
We strive to answer all your questions regarding the I&D tax. You can select the below link or call our Call Center at (603) 230-5920.
File and pay your I&D taxes using our online portal Granite Tax Connect (GTC).