💼 New Hampshire Self-Employment Tax Calculator
Enter your income to see your New Hampshire tax breakdown.
New Hampshire's Two Business Taxes and When They Reach a Freelancer
Business Profits Tax: only above $109,000 of gross income
The Business Profits Tax is 7.5% of business profit, and it applies to sole proprietors as well as companies. You only have to file once your gross business income, before expenses, is more than $109,000 for the year. Under that, the tax does not exist for you.
Over the threshold, the tax falls on profit after a deduction for reasonable compensation for the owner's own work. In a one-person service business, most or all of the profit is payment for the owner's labor, so the deduction usually removes most of the taxable amount. The state also offers a record-keeping safe harbor that lets a proprietor claim a set amount of compensation without documenting it. That amount has been raised more than once, so take the current figure from the Department of Revenue Administration instructions.
Business Enterprise Tax: only above $298,000
The Business Enterprise Tax is 0.55% of the wages, interest and dividends a business pays out. It requires a return when gross receipts or that tax base exceed $298,000. A freelancer with no employees and no business debt has a base close to zero, so even above the threshold the amount is small.
What that means in practice
Under $109,000 of gross receipts you pay federal taxes only and file no state return. On $75,000 of net profit that is $17,101 for the year. Above the threshold you file the business tax return, take the compensation deduction, and should expect a small balance or none. Both thresholds are adjusted every two years.
No sales tax, and no tax on interest or dividends
New Hampshire has no general sales tax, so there is nothing to collect on services or goods. The old 5% tax on interest and dividends was repealed for tax years beginning in 2025. No New Hampshire city or town taxes income.
New Hampshire by the Numbers
What a single freelancer pays in New Hampshire (2026)
| Net profit | New Hampshire state tax | Total tax (SE + federal + state) | Take-home | Effective rate |
|---|---|---|---|---|
| $50,000 | $0 | $10,461 | $39,539 | 20.9% |
| $75,000 | $0 | $17,101 | $57,899 | 22.8% |
| $100,000 | $0 | $25,745 | $74,255 | 25.7% |
| $150,000 | $0 | $43,385 | $106,615 | 28.9% |
Single filer, standard deduction, no QBI or other deductions. Computed with the same 2026 engine as the calculator.
How New Hampshire compares to its neighbors at $75,000
| State | State tax | Total tax | vs New Hampshire |
|---|---|---|---|
| Maine | $3,054 | $20,156 | $3,054 more |
| Massachusetts | $3,265 | $20,367 | $3,265 more |
| Vermont | $2,140 | $19,242 | $2,140 more |
Sources: IRS Rev. Proc. 2025-32 (federal brackets and standard deduction), SSA 2026 wage base ($184,500), New Hampshire Department of Revenue Administration, and the Tax Foundation's 2026 state income tax table. Last updated October 7, 2026.
New Hampshire Freelancer FAQ
Does New Hampshire tax 1099 income?
Not as personal income. New Hampshire has no tax on wages or self-employment earnings. Sole proprietors with gross business income above $109,000 must file a Business Profits Tax return.
What is the New Hampshire Business Profits Tax threshold?
A return is required when gross business income exceeds $109,000 for tax periods beginning in 2025 or later. The rate is 7.5% of taxable business profit, after a deduction for reasonable compensation for the owner's services.
Does New Hampshire still tax interest and dividends?
No. The interest and dividends tax was repealed for tax years beginning on or after January 1, 2025.
Does New Hampshire have a sales tax?
No. New Hampshire has no general sales tax on goods or services.
📐 How these New Hampshire numbers are produced
The calculator and every table on this page run the same engine: 2026 federal brackets and standard deduction, and self-employment tax at 15.3% on 92.35% of net profit. New Hampshire does not tax earned income, so the state line is zero and the whole income tax bill is federal. When a legislature changes a rate during the year, the engine is updated and the change is recorded on the methodology and changelog page.
- Federal brackets & standard deduction: IRS Rev. Proc. 2025-32 (2026)
- Self-employment tax: 15.3% with the 92.35% net-earnings adjustment, the 50% SE-tax deduction, and the 0.9% Additional Medicare Tax, per IRS rules
- Social Security wage base: $184,500 for 2026 (SSA)
- New Hampshire figures: New Hampshire Department of Revenue Administration, cross-checked against the Tax Foundation's 2026 table
Built & maintained by Rahul B.
A software developer who got tired of “free” 1099 calculators that use lazy flat rates and give wrong numbers — so I built one on the actual 2026 IRS brackets and real state-by-state rates, updated every tax year. More about this tool →
Last reviewed for tax year 2026 · Independent tool — not affiliated with the IRS. Estimates for planning only; verify with a tax professional before filing.