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April 5, 2020
Question

NH resident, paying Int & Div tax; Instructions on Federal Return say the Int is Nontaxable in NH as I paid Fed Tax on it; what is reason code on the NH return for that?

  • April 5, 2020
  • 1 reply
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1 reply

KathrynG3
April 5, 2020

It depends on the type of interest whether it is taxable in New Hampshire. If the interest was from New Hampshire municipal bonds, for example, it is not taxable in New Hampshire.

Please see the 2019 New Hampshire DP-10 Checklist for a quick checklist of what is taxable and not taxable.

@deborah-holbrook