NEW HAMPSHIRE RETIREMENT INCOME TAX · TAX YEAR 2026
Does New Hampshire tax Social Security and retirement income?
New Hampshire has no personal income tax, so it does not tax Social Security, pensions or 401(k) and IRA withdrawals. A single 67-year-old with $24,000 of Social Security, a $20,000 private pension and $10,000 of IRA withdrawals pays no New Hampshire income tax for 2026. Federal income tax on the same income is $1,810.
Your estimate
- New Hampshire income tax
- $0.00
- Federal income tax
- $1,810.00
- Total income tax
- $1,810.00
Federal tax on New Hampshire retirees at different incomes
Federal income tax is the only income tax a New Hampshire retiree pays. These are 2026 federal figures for a single 67-year-old with $24,000 of Social Security, and for a married couple, both 67, with $20,000 each. Half the pension and IRA income is a private pension and half IRA withdrawals.
| Pension and IRA income | Single | Married |
|---|---|---|
| $20,000 | $0 | $0 |
| $40,000 | $4,030 | $1,210 |
| $60,000 | $7,158 | $5,084 |
| $100,000 | $16,486 | $9,884 |
| $150,000 | $29,072 | $20,352 |
Does New Hampshire tax Social Security?
No. New Hampshire has no personal income tax, so it does not tax Social Security benefits. Up to 85% of benefits can still be taxed on the federal return.
Of the single 67-year-old's $24,000 in benefits, $11,300 is federally taxable and New Hampshire taxes none of it. Of the couple's $40,000, $28,100 is federally taxable and New Hampshire taxes none of it.
Does New Hampshire tax pensions?
No. New Hampshire does not tax private pensions, government pensions or military retirement pay, at any age. They are still taxed on the federal return.
With $24,000 of Social Security and a $40,000 pension, a single 67-year-old pays no New Hampshire income tax for 2026. Federal income tax on that income is $4,030.
Does New Hampshire tax IRA and 401(k) withdrawals?
No. New Hampshire does not tax traditional IRA or 401(k) withdrawals at any age. They are still taxed on the federal return; qualified Roth IRA withdrawals are not.
New Hampshire's Interest and Dividends Tax was repealed for taxable periods beginning after December 31, 2024, so it does not apply to 2026 interest or dividends.
Does New Hampshire have property tax breaks for seniors?
Each town decides whether to offer an elderly exemption and sets its size and income and asset limits, in three age bands: 65 to 74, 75 to 79 and 80 or older. State law sets the floors, an exemption of at least $5,000 and income limits of at least $13,400 single or $20,400 married. New Durham's 2026 exemptions, for example, are $155,000, $183,000 and $225,000 of assessed value.
What the calculator leaves out
New Hampshire property and sales taxes are not included.
Federal tax uses the 2026 brackets, the standard deduction with the extra amount at 65, and the $6,000 senior deduction. Estimates assume no other deductions, credits or local taxes except as noted.
Sources
- IRS Publication 915, Social Security benefits
- IRS Revenue Procedure 2025-32
- IRS: deductions for seniors under the One Big Beautiful Bill Act
- New Hampshire RSA chapter 77 (repealed)
- New Hampshire 2023 HB 2 chapter law
- New Hampshire RSA 72:39-b: elderly exemption
- Town of New Durham: 2026 elderly exemption qualifications