How to File LLC Taxes in New Hampshire (2026)
New Hampshire has no state income tax on wages or general sales tax. Your LLC can still owe the state's Business Profits Tax (7.5%) and Business Enterprise Tax (0.55%) to the NH DRA once you cross the current thresholds.
Single-member LLCs file federal Form 1040, and multi-member LLCs file Form 1065. Either type can choose S-corp or C-corp tax treatment through an IRS election instead.
This page walks through the state's Business Profits Tax and Business Enterprise Tax, the federal forms each LLC type files, and the deadlines and thresholds that decide whether your LLC owes anything at all this year.
Quick Summary
- New Hampshire's DRA collects your state business taxes instead of the Secretary of State. The IRS still handles your federal return separately.
- Confirm this year's tax thresholds directly with the DRA before you file. Old figures reset every two years.
- Talk to a CPA before electing S-corp status here. New Hampshire taxes S-corps the same as C-corps.
New Hampshire LLC Tax Summary
This table shows each New Hampshire LLC type's federal form, state form, filing deadline, and the tax rate that applies once profit passes through to the owners.
| LLC Type | Federal Form | State Form | Filed With | Filing Deadline & Tax Rate |
|---|---|---|---|---|
| Single-member LLC | Form 1040 (Schedule C) | Form BT-Summary | NH DRA | April 15. BPT 7.5%, BET 0.55% above thresholds |
| Multi-member LLC | Form 1065 | Form BT-Summary | NH DRA | March 15. BPT 7.5%, BET 0.55% above thresholds |
| S-Corp election | Form 2553 | Form BT-Summary | NH DRA | April 15. Taxed as a C-corp, BPT 7.5%, BET 0.55% above thresholds |
| C-Corp election | Form 8832 + Form 1120 | Form BT-Summary | NH DRA | April 15. BPT 7.5%, BET 0.55% above thresholds |
New Hampshire State Taxes by LLC Type
Pass-through taxation applies to New Hampshire LLCs by default. A single-member LLC reports its income on the owner's federal return. A multi-member LLC files a partnership return, and profit passes through to each member.
Members can also ask the IRS for a different classification. That choice changes your federal forms. It does not change New Hampshire's Business Profits Tax or Business Enterprise Tax, since both apply to the LLC itself either way.
This page covers only New Hampshire's own tax rules. See file LLC taxes for how the federal side of an LLC's taxes works in general.
New Hampshire's Business Profits Tax, or BPT, runs 7.5 percent of business income once you cross the current $103,000 filing threshold [1]. It applies whether your LLC stays a pass-through or elects corporate treatment.
The Business Enterprise Tax, or BET, runs 0.55 percent of pay, interest and dividends paid once you cross its own threshold [2]. It's a separate filing from the BPT, built around a different tax base entirely.
Your deadline depends on your return type. Partnership returns are due March 15 for calendar-year LLCs. Corporate, proprietorship, fiduciary and combined returns are due April 15. Non-profit returns get one more month, due the 15th day of the 5th month.
Haven't formed your LLC yet? See how to start an LLC in New Hampshire first. Once it's active, New Hampshire's annual report is a separate Secretary of State filing. It's apart from either tax return described here.
1. Single-member LLC
A single-member New Hampshire LLC pays no separate state income tax. It reports profit on the owner's Form 1040 with Schedule C. The LLC only owes the BPT or BET above those thresholds.
2. Multi-member LLC
A multi-member New Hampshire LLC files Form 1065 and passes profit through to each member's return. It still owes the BPT and BET above those same thresholds, the same rule as a single-member LLC.
3. S-Corp Election
An LLC elects S-corp treatment by filing Form 2553 with the IRS. New Hampshire still taxes an S-corp the same as a C-corp, so its BPT and BET still apply.
4. C-Corp Election
An LLC elects C-corp treatment by filing Form 8832. It then files Form 1120 each year with the IRS. The corporation pays New Hampshire's BPT and BET directly.
Federal Taxes New Hampshire LLC Owners Pay
So the SE tax below is usually the only extra filing your profit triggers, on top of the state and federal forms already covered above.
Federal Self-Employment Tax
Every member who takes a share of LLC profit owes federal self-employment tax. That's 15.3 percent for Social Security and Medicare combined [3]. New Hampshire adds no separate state version on top of it.
Pay it in four chunks across the year: April 15, June 15, September 15 and January 15. These dates line up with your federal estimated tax payments either way.
Your LLC follows its own estimated-payment schedule for the BPT too. Once estimated liability tops $200, plan on four installments of 25% each, due the 15th day of the 4th, 6th, 9th and 12th month of your taxable period.
Other New Hampshire Taxes That May Apply
A few taxes most states charge don't apply here, while a few unusual ones do. Here's what else can apply to your LLC beyond the BPT and BET.
1. New Hampshire Sales and Use Tax
No general sales or use tax applies in New Hampshire [4]. Your LLC never registers to collect it on in-state retail sales. If you sell into another state, that state's own sales tax rules may still apply to you there.
2. New Hampshire Income Tax Rate for Tax Year 2026
New Hampshire charges no state income tax on wages or on LLC profit passed through to members. The state's old Interest and Dividends Tax once taxed investment income, but that tax is fully repealed now, for tax periods beginning after December 31, 2024 [5], after stepping down from 5% to 4% and then 3% before that final repeal.
3. Industry and Local Taxes
A handful of specific industries face their own New Hampshire taxes instead of a broad sales tax. Hotels, restaurants and motor vehicle rentals collect an 8.5 percent Meals and Rentals Tax, and the state also taxes tobacco, communications services, timber, electricity use and gravel extraction.
New Hampshire Employer Taxes
Hiring anyone in New Hampshire adds two more registrations. Both sit on top of the taxes described above, and both run separate from the DRA's business tax filings.
1. Workers' Compensation Insurance
New Hampshire requires most employers to carry workers' compensation insurance, a coverage requirement enforced separately from the state's business tax filings described above.
2. Unemployment Insurance Tax
New Hampshire employers register with NH Employment Security. They pay unemployment insurance tax on part of each employee's wages, which is billed independently from the LLC's own state filings.
New Hampshire Business Enterprise Tax
New Hampshire's Business Enterprise Tax applies apart from the Business Profits Tax. An LLC can owe both in the same year.
Your LLC only files a Business Enterprise Tax return once its gross receipts or enterprise value pass the current threshold. That's $281,000 for the 2023 through 2024 filing period. The DRA resets this figure every two years, as required under RSA 77-E:5.
If you're still weighing formation and ongoing costs, see how much an LLC costs in New Hampshire for the fees this page doesn't cover.
What's Deductible for a New Hampshire LLC
A few business tax credits apply against the BPT and BET, including the Community Development Finance Authority (CDFA) credit. Call the DRA's Taxpayer Services or visit the NH CDFA's own site to apply.
The federal qualified business income deduction is separate: it lowers your federal taxable income only, and doesn't cut your BPT or BET bill.
References:
- https://www.revenue.nh.gov/resource-center/frequently-asked-questions/business-profits-tax
- https://www.revenue.nh.gov/resource-center/frequently-asked-questions/business-enterprise-tax
- https://www.irs.gov/businesses/small-businesses-self-employed/self-employment-tax-social-security-and-medicare-taxes
- https://www.revenue.nh.gov/assistance/tax-overview.htm
- https://www.revenue.nh.gov/taxes-glance/interest-dividends-tax
FAQs
Does New Hampshire Still Have the Interest and Dividends Tax?
No, New Hampshire no longer has the Interest and Dividends Tax. Lawmakers repealed it in stages, and the last step took effect for tax periods starting in 2025.
Which New Hampshire LLCs Owe the Business Profits Tax?
Any New Hampshire LLC whose gross business income crosses the current filing threshold owes the Business Profits Tax, including single-member LLCs. Below that threshold, the LLC still files Form BT-Summary but owes no Business Profits Tax.
