New Hampshire, unlike many other states, does not tax wages as income. Previously, however, anyone who resided in the state had to pay a 4% tax on income earned from interest and dividends.
In 2024, this tax rate on interest and dividends is cut to 3% and then eliminated entirely beginning in 2025. New Hampshire does not tax interest and dividend income as of 2026. As an aside, cities in New Hampshire do not levy local income taxes.
If you need to calculate your take-home pay accurately and keep proper payroll records, finding a check stub generator is beneficial as it can help in making the process easier and error-free. It empowers employees and employers to generate in-depth paystubs that clearly state earnings, deductions, and net pay.
Deductions for FICA (Federal Insurance Contributions Act) taxes will be evident on your New Hampshire paycheck. These taxes, comprising Social Security and Medicare taxes, are withheld from each paycheck to contribute to these systems. Social Security is taxed at a rate of 6.2%, while Medicare is taxed at 1.45% on all wages.
Your employer matches these contributions, resulting in a total of 12.4% of your pay going towards Social Security Tax and 2.9% towards Medicare. However, if you earn more than $200,000 as a single filer, head of household, or qualifying widow(er), an additional 0.9% Medicare surtax applies, which your employer does not match.
For married couples filing jointly, this threshold increases to $250,000, but for married couples filing separately, it is only $125,000. If you are self-employed, you are responsible for paying the entire FICA taxes yourself, but you can deduct the employer portion.
If you earn $86,100.00 per year in the state of New Hampshire, your net pay, which is the amount you take home, will be approximately $67,733 after tax deductions of about 21.21%. These deductions consist of $11,688.00 (13.57%) for federal income tax, $0.00 (0.00%) for state income tax, $5,338.20 (6.20%) for Social Security tax, and $1,248.45 (1.45%) for Medicare.
Important Note: The StubCreator provides a hourly paycheck calculator NH to provide essential guidance. This should not be relied upon to calculate exact taxes, payroll, or other financial data. You should seek a professional accountant regarding any particular requirement.
Employers in New Hampshire pay state unemployment insurance (UI) contributions on the wages paid to employees up to an annual taxable wage base. The UI taxable wage base for 2026 is $14,000 per employee, per year. This is the all–state unemployment tax maximum subject to state unemployment tax.
| Year | New Hampshire Taxable Base Wage |
| 2026 | $14,000 yearly |
| 2025 | $14,000 yearly |
| 2024 | $14,000 yearly |
| 2023 | $14,000 yearly |
| 2022 | $14,000 yearly |
| 2021 | $14,000 yearly |
| 2020 | $14,000 yearly |
The state unemployment tax rate (SUTA) that employers pay varies according to their experience rating and fund balance. For 2026, employer UI contribution rates generally range from about 0.1% to 7.0%, with a new employer rate of 2.7%.
| Year | New Hampshire SUTA Rates |
| 2026 | 0.1% to 7.0% and 2.7% |
| 2025 | 0.1% to 7.0% and 2.7% |
| 2024 | 0.1% to 7.0% and 2.7% |
| 2023 | 0.1% to 7.0% and 2.7% |
| 2022 | 0.1% to 7.0% and 2.7% |
The tax rate is 6% on the first $7,000 of taxable wages paid to an employee for a calendar year. If eligible, you’ll be able to take a credit of up to 5.4% for timely payment of state unemployment taxes that can reduce your FUTA tax rate down to 0.6%. Employers pay the FUTA tax for their employees (employees do not have to pay this tax).
| Year | New Hampshire FUTA Rates |
| 2026 | 6% on first $7,000 |
| 2025 | 6% on first $7,000 |
| 2024 | 6% on first $7,000 |
| 2023 | 6% on first $7,000 |
| 2022 | 6% on first $7,000 |
In New Hampshire, the FICA tax rates are the same as federal rates for all states:
Additional Medicare Tax
| Year | New Hampshire FICA Rates |
| 2025 | 7.65% |
| 2026 | 7.65% |
| 2024 | 7.65% |
| 2023 | 7.65% |
| 2022 | 7.65% |
Below are the details of the New Hampshire tax calculator:
Federal income tax is applicable to your income in New Hampshire. It is calculated based on your taxable income after federal deductions. Make sure to input your gross income accurately when using a New Hampshire paycheck calculator, and consider any applicable federal tax credits.
Federal taxes, including Social Security and Medicare (FICA), are standard across all states, including New Hampshire. These deductions are calculated based on your gross income. Understanding how FICA contributions affect your paycheck is crucial for accurate financial planning.
New Hampshire does not have local income taxes at the state level. However, it's essential to check for any local taxes or additional obligations imposed by specific municipalities or counties within the state, as they can impact your net pay.