CALCMONEY // CAPITAL GAINS // NH
New Hampshire has no state capital gains tax. You owe only the federal rate: 20% + 3.8% NIIT = 23.8% on large long-term gains.
Calculate Your GainNone
23.8%
$119,000
$238,000
| Tax Component | Rate | On $500K Gain | On $1M Gain |
|---|---|---|---|
| Federal Long-Term Rate | 20.0% | $100,000 | $200,000 |
| Net Investment Income Tax (NIIT) | 3.8% | $19,000 | $38,000 |
| New Hampshire State TaxNo tax | 0.0% | $0 | $0 |
| Total Tax Owed | 23.8% | $119,000 | $238,000 |
| Net Proceeds (after tax) | $381,000 | $762,000 |
Federal rate assumes income in the 20% long-term bracket. NIIT applies to investors with MAGI above $200K (single) or $250K (married). State rate shown is the top applicable rate.
New Hampshire imposes no state tax on capital gains. New Hampshire has no earned income tax and no capital gains tax. A small tax on interest and dividends was phased out in 2025.
New Hampshire has no earned income tax and no capital gains tax. A small tax on interest and dividends was phased out in 2025.
On a $1M long-term gain, a NH investor owes $238,000 total versus $371,000 in California or $326,200 in New York. The NH advantage scales significantly on larger exits.
The NIIT (3.8%) still applies regardless of state for investors with MAGI above $200K single or $250K married filing jointly.
| Alaska | None |
| Florida | None |
| Nevada | None |
| South Dakota | None |
| Tennessee | None |
| California | 13.3% |
| Hawaii | 11.0% |
| New York | 10.9% |
| New Jersey | 10.8% |
| District of Columbia | 10.8% |
California
13.3% state rate
WAWashington
9.9% state rate
HIHawaii
11.0% state rate
COColorado
4.4% state rate