--- title: "New Hampshire LLC Taxes: What You'll Actually Owe in 2026 | LLC Attorney" description: "How New Hampshire LLC taxes work in 2026: no personal income tax, but the Business Profits Tax and Business Enterprise Tax that apply directly to the LLC, no sales tax, the $100 Annual Report, and the S-Corp election." canonical: https://llcattorney.com/states/nh/llc-taxes-new-hampshire image: https://llcattorney.com/images/share-cover.png source_path: /states/nh/llc-taxes-new-hampshire --- Key Takeaways - New Hampshire has no state personal income tax — LLC owners pay federal income tax on profits only - Business Profits Tax (BPT) and Business Enterprise Tax (BET): BPT: 7.5% of net business income, for entities with gross receipts over roughly $103,000 (inflation-adjusted). BET: 0.50% for 2026 (down from 0.55%) on an enterprise value tax base of compensation plus interest and dividends paid, for entities with gross receipts or enterprise-value base over roughly $281,000., due Generally the 15th day of the 3rd month after year-end, with an automatic 7-month extension available - Sales Tax: None — New Hampshire has no sales tax - Annual Report due April 1 each year, $100 fee - Federal self-employment tax of 15.3% applies to net LLC profit regardless of state - New Hampshire recognizes the federal S-Corp election, but this is where the state is genuinely different from almost every other state: electing S-Corp status does not exempt the business from BPT or BET. Those entity-level taxes apply regardless of the federal election. - Same-day formation and compliance filing available through LLC Attorney at no markup on state fees New Hampshire has no personal income tax and no sales tax — but don't mistake that for a tax-free state. The Business Profits Tax (7.5%) and Business Enterprise Tax (0.50% for 2026) apply directly to the LLC once gross receipts cross fairly modest thresholds, regardless of how the owners are taxed personally or whether the LLC elects S-Corp status. This guide covers exactly what a New Hampshire LLC owes in 2026 — the entity-level BPT and BET that catch many new owners off guard, the $100 Annual Report, and why an S-Corp election here is purely a federal self-employment-tax play that doesn't touch your BPT/BET bill either way. 0%State personal income tax 7.5%Business Profits Tax rate 0.50%Business Enterprise Tax rate $100Annual Report fee ## New Hampshire Personal Income Tax on LLC Profit By default, a New Hampshire LLC is a pass-through entity for federal purposes — profit flows through to the owners' personal returns, and since New Hampshire has no individual income tax of any kind, that K-1 or Schedule C profit isn't taxed again at the personal level in New Hampshire the way it would be almost anywhere else. That's the good news. The important nuance is that New Hampshire taxes the LLC itself directly, at the entity level, regardless of how the owners are taxed personally — covered next. **New Hampshire has no state personal income tax.** Your LLC's profit passes through to your personal federal return, but there is no additional state-level income tax layer on top of it — a meaningful, permanent savings compared to income-tax states. ## New Hampshire's Business Profits Tax (BPT) and Business Enterprise Tax (BET) This is the single biggest thing to understand about New Hampshire LLC taxation: the state has no personal income tax, but it taxes the business itself directly through the Business Profits Tax (7.5% of net income) and Business Enterprise Tax (0.50% for 2026) once gross receipts cross fairly modest thresholds — roughly $103,000 for BPT and $281,000 for BET. These apply to LLCs, partnerships, sole proprietorships, and S-corps alike, regardless of federal entity classification or S-Corp election. New Hampshire does recognize the federal S-Corp election, but electing S-Corp status does not exempt the business from BPT or BET — those apply either way. These are two separate taxes computed on entirely different bases — net income for BPT, compensation and interest/dividends paid for BET — and a credit mechanism between the two avoids full double-taxation on the same dollars. Both thresholds adjust periodically for inflation, so confirm the current-year figures before assuming your LLC falls below them. ## New Hampshire Sales Tax New Hampshire has no sales tax whatsoever — no state rate and no local add-on — so no LLC selling goods or services in New Hampshire ever needs to register for or collect sales tax on in-state sales. This is one of the state's most genuine advantages for retail and e-commerce businesses. - State rate: **None — New Hampshire has no sales tax** - There's no sales tax return to file, since New Hampshire is one of only five states with no sales tax at all. ## New Hampshire Annual Report Requirement New Hampshire requires every LLC to file Annual Report with the New Hampshire Secretary of State (NH QuickStart portal), due April 1 each year. Filing fee: $100. A $50 late fee applies to reports filed after April 1. Failure to file for two consecutive years results in administrative dissolution by the Secretary of State. Reinstatement requires filing all delinquent Annual Reports and paying the associated fees plus a reinstatement fee through the Secretary of State before the LLC is restored to good standing. ## Federal Self-Employment Tax and How Your New Hampshire LLC Is Classified Regardless of which state you're in, LLC owners who materially participate in the business owe federal self-employment tax — 15.3% on net profit, covering Social Security (up to the $184,500 (2026) wage base) and Medicare (no cap). ### Single-Member LLCs A single-member New Hampshire LLC defaults to a disregarded entity for federal tax purposes — you report income and expenses on Schedule C of your personal Form 1040 and compute self-employment tax on Schedule SE. That federal classification has no bearing on whether the LLC itself owes BPT or BET, which are based on gross receipts thresholds, not entity classification. ### Multi-Member LLCs A multi-member New Hampshire LLC defaults to partnership taxation, filing Form 1065 and issuing each member a Schedule K-1. Like single-member LLCs, BPT and BET liability depends on the business's gross receipts and enterprise value, not member count. ## Should Your New Hampshire LLC Elect S-Corp Taxation? An S-Corp election lets you split LLC profit into a reasonable salary (payroll-taxed) and distributions (not subject to self-employment tax), once the business is consistently profitable enough to justify the added payroll complexity. **New Hampshire's treatment:** New Hampshire recognizes the federal S-Corp election, but this is where the state is genuinely different from almost every other state: electing S-Corp status does not exempt the business from BPT or BET. Those entity-level taxes apply regardless of the federal election. Because New Hampshire has no individual income tax, the usual S-Corp pitch — avoiding state income tax progression on K-1 income — doesn't apply here; there's no state income tax to avoid in the first place. The decision in New Hampshire is driven entirely by federal self-employment-tax savings, with the added step of making sure BPT and BET are calculated correctly regardless of which way you elect — don't let 'no income tax state' create the false impression of 'no state tax at all.' ## New Hampshire LLC Tax Costs at a Glance Tax / Fee Amount Notes Business Profits Tax (BPT) and Business Enterprise Tax (BET) (NH DP-10 (Business Profits Tax) and NH BET (Business Enterprise Tax), filed together on a composite return) BPT: 7.5% of net business income, for entities with gross receipts over roughly $103,000 (inflation-adjusted). BET: 0.50% for 2026 (down from 0.55%) on an enterprise value tax base of compensation plus interest and dividends paid, for entities with gross receipts or enterprise-value base over roughly $281,000. Due Generally the 15th day of the 3rd month after year-end, with an automatic 7-month extension available Annual Report $100 Due April 1 each year; $50 late fee if missed Sales Tax None — New Hampshire has no sales tax State-level rate Federal self-employment tax 15.3% Applies to net profit up to the $184,500 (2026) Social Security wage base (Medicare portion has no cap) New Hampshire registered agent (professional service) $49–$300/yr LLC Attorney service available ## How to Handle Your New Hampshire LLC's Taxes ### If You Do It Yourself **Step 1 — Get your federal EIN before anything else.** Apply for your EIN for free directly at irs.gov — a purely federal application with no New Hampshire-specific step. **Step 2 — Confirm your default federal tax classification.** A single-member LLC defaults to a disregarded entity (Schedule C); a multi-member LLC defaults to partnership taxation (Form 1065 plus Schedule K-1 for each member). Neither requires a separate election — this is automatic unless you file Form 8832 or Form 2553 to change it. **Step 3 — Skip state income tax registration entirely.** New Hampshire has no state personal income tax, so there's no state withholding or estimated-payment system to register for on the income side. **Step 4 — Register for sales tax if you sell taxable goods or services.** Register with the New Hampshire Department of Revenue Administration at revenue.nh.gov before your first taxable sale. There's no sales tax return to file, since New Hampshire is one of only five states with no sales tax at all. **Step 5 — Register for payroll/reemployment tax the moment you hire your first employee.** The moment you hire your first employee, register with New Hampshire Employment Security. The 2026 new-employer rate is 2.7% on a $14,000 taxable wage base. **Step 6 — Set up quarterly estimated tax payments.** Because BPT and BET are calculated on business activity, not personal income, an LLC that crosses the relevant thresholds should make quarterly estimated payments to the Department of Revenue Administration in addition to any federal quarterly estimates covering income tax and self-employment tax on the owners' share of profit. **Step 7 — Calendar your Business Profits Tax (BPT) and Business Enterprise Tax (BET) due date.** Business Profits Tax (BPT) and Business Enterprise Tax (BET) (NH DP-10 (Business Profits Tax) and NH BET (Business Enterprise Tax), filed together on a composite return) is due Generally the 15th day of the 3rd month after year-end, with an automatic 7-month extension available, BPT: 7.5% of net business income, for entities with gross receipts over roughly $103,000 (inflation-adjusted). BET: 0.50% for 2026 (down from 0.55%) on an enterprise value tax base of compensation plus interest and dividends paid, for entities with gross receipts or enterprise-value base over roughly $281,000.. Missing it puts your LLC in bad standing with the New Hampshire Department of Revenue Administration (DRA). **Step 8 — File your Annual Report every New Hampshire deadline.** Annual Report is due April 1 each year with the New Hampshire Secretary of State (NH QuickStart portal), $100 fee. Missing it triggers $50 late fee. **Step 8 — Decide whether an S-Corp election makes sense once your LLC is consistently profitable.** Because New Hampshire has no individual income tax, the usual S-Corp pitch — avoiding state income tax progression on K-1 income — doesn't apply here; there's no state income tax to avoid in the first place. The decision in New Hampshire is driven entirely by federal self-employment-tax savings, with the added step of making sure BPT and BET are calculated correctly regardless of which way you elect — don't let 'no income tax state' create the false impression of 'no state tax at all.' **Step 9 — Watch for New Hampshire-specific tax traps.** The single biggest trap for prospective New Hampshire LLC owners is assuming 'no income tax state' means 'no state tax at all.' It doesn't — the Business Profits Tax (7.5%) and Business Enterprise Tax (0.5% for 2026) apply directly to the business once gross receipts cross fairly modest thresholds, and they apply the same way regardless of default LLC taxation, S-Corp election, or any other federal choice. Plenty of owners form in New Hampshire expecting zero state tax exposure and are surprised by their first BPT/BET filing. **Step 10 — Keep business and personal finances completely separate.** Commingling funds is the single biggest reason courts pierce the LLC liability shield, and it also makes tax preparation far more error-prone. Run all business income and expenses through a dedicated business bank account and keep receipts. Ready to Launch Your Business in New Hampshire?Follow our fast, easy process to get started right now.[Start My Business](https://app.llcattorney.com/formation?intake_type=formation) ### If LLC Attorney Does It for You 1. Submit your information at llcattorney.com — entity classification, expected revenue, and whether you'll be hiring employees or collecting sales tax. 2. LLC Attorney obtains your EIN, registers you with the New Hampshire Department of Revenue Administration (DRA) and New Hampshire Department of Revenue Administration as needed, and sets up your compliance calendar for Annual Report and Business Profits Tax (BPT) and Business Enterprise Tax (BET). 3. Receive reminders before every deadline through your client portal, plus access to flat-fee attorney consultations (no retainer) when an S-Corp election or multi-state question needs a licensed professional's judgment call. ## When Should You Talk to a Tax Professional About Your New Hampshire LLC? A CPA experienced in New Hampshire business taxation is worth engaging as soon as your LLC approaches the roughly $103,000 BPT threshold or $281,000 BET threshold, when deciding whether an S-Corp election makes sense given that it doesn't reduce BPT/BET exposure, and when calculating the BPT/BET credit mechanism correctly to avoid overpaying on the same underlying income. ### Is New Hampshire a State Where Tax Complexity Matters More? New Hampshire is more complex than its 'no income tax' reputation suggests, precisely because the entity-level BPT and BET apply regardless of federal tax classification. A CPA familiar with New Hampshire's business taxes — not just a general tax preparer — is worth engaging early, since BPT and BET calculations, the credit mechanism between them, and the gross-receipts thresholds are genuinely unlike what most other states require. ## What You Actually Get With LLC Attorney's New Hampshire Compliance Service 'No income tax state' is only half the story — the Business Profits Tax and Business Enterprise Tax apply to the LLC directly once you cross fairly modest revenue thresholds, and missing that distinction leads to unpleasant surprises at filing time. LLC Attorney's New Hampshire service makes sure you understand the full picture from day one. - EIN obtained for you at no extra charge. - State tax and sales tax registration handled as part of formation, starting at $49. - An ongoing compliance subscription (available through an ongoing compliance subscription — contact LLC Attorney for current pricing) tracks every New Hampshire deadline — Annual Report, Business Profits Tax (BPT) and Business Enterprise Tax (BET), and registered agent renewal. - Access to professionally trained Business Success Advisors at no charge, plus flat-fee attorney consultations (no retainer) for S-Corp election analysis and multi-state nexus questions. New Hampshire's tax reputation is only half true — LLC Attorney makes sure you know exactly when BPT and BET kick in, so 'no income tax' never becomes a costly assumption. ## Get Your New Hampshire LLC's Taxes Set Up Correctly Getting your EIN, tax registrations, and compliance calendar right from day one prevents expensive corrections later. LLC Attorney's New Hampshire formation service starts at $49, and an ongoing compliance subscription (available through an ongoing compliance subscription — contact LLC Attorney for current pricing) keeps you ahead of every deadline after that. See our [full pricing](/pricing) for all service tiers. Ready to Launch Your Business in New Hampshire?Follow our fast, easy process to get started right now.[Start My New Hampshire LLC](https://app.llcattorney.com/formation?intake_type=formation) ## Frequently Asked Questions ### Does my New Hampshire LLC have to pay franchise tax? ![icon](/_next/image?url=%2Fimages%2Ficons%2FfaqPlus.png&w=128&q=75) Not exactly a franchise tax, but functionally similar: New Hampshire imposes a Business Profits Tax (7.5% of net income) and a Business Enterprise Tax (0.50% for 2026) directly on the LLC once gross receipts cross roughly $103,000 and $281,000 respectively. These apply regardless of federal entity classification or S-Corp election. ### Do I need to collect sales tax in New Hampshire? ![icon](/_next/image?url=%2Fimages%2Ficons%2FfaqPlus.png&w=128&q=75) No. New Hampshire has no sales tax at all — no state rate and no local add-on — so there's no registration or collection obligation for any LLC selling goods or services in the state. ### What is the New Hampshire Annual Report and when is it due? ![icon](/_next/image?url=%2Fimages%2Ficons%2FfaqPlus.png&w=128&q=75) Every New Hampshire LLC files an Annual Report with the Secretary of State through the QuickStart portal, due April 1 each year, for $100. A $50 late fee applies after that. ### What happens if I miss a New Hampshire LLC tax or filing deadline? ![icon](/_next/image?url=%2Fimages%2Ficons%2FfaqPlus.png&w=128&q=75) Missing the April 1 Annual Report deadline triggers a $50 late fee. Failing to file for two consecutive years results in administrative dissolution, at which point reinstatement requires filing every delinquent report plus fees. ### Should my New Hampshire LLC elect S-Corp taxation? ![icon](/_next/image?url=%2Fimages%2Ficons%2FfaqPlus.png&w=128&q=75) It depends on your profit level, but New Hampshire is genuinely different here: since there's no state income tax to avoid, S-Corp election is purely a federal self-employment-tax play, and it does not reduce or exempt your Business Profits Tax or Business Enterprise Tax liability, which apply either way. ### How is a single-member LLC taxed in New Hampshire? ![icon](/_next/image?url=%2Fimages%2Ficons%2FfaqPlus.png&w=128&q=75) A single-member New Hampshire LLC defaults to a disregarded entity for federal tax purposes — you report income on Schedule C and pay self-employment tax via Schedule SE. New Hampshire adds no personal income tax on top, but the LLC itself may still owe BPT and/or BET once it crosses the relevant gross-receipts thresholds. ### I operate in multiple states — which state's taxes apply to my LLC? ![icon](/_next/image?url=%2Fimages%2Ficons%2FfaqPlus.png&w=128&q=75) If your LLC does business in a state other than the one it's formed in — an office, employees, inventory, or significant sales there — you may have created nexus requiring registration and tax obligations in that state too. This is fact-specific and worth a conversation with a tax professional if you operate in multiple states. ### How much will I actually pay in taxes on my New Hampshire LLC? ![icon](/_next/image?url=%2Fimages%2Ficons%2FfaqPlus.png&w=128&q=75) For a typical New Hampshire LLC with in-state owners and no employees: no personal income tax on K-1 or Schedule C profit, no sales tax, a $100 Annual Report, plus federal income tax and 15.3% federal self-employment tax (up to the $184,500 Social Security wage base for 2026). If gross receipts cross roughly $103,000, add the 7.5% Business Profits Tax; above roughly $281,000, add the 0.50% Business Enterprise Tax as well. ### Does LLC Attorney help with LLC tax compliance? ![icon](/_next/image?url=%2Fimages%2Ficons%2FfaqPlus.png&w=128&q=75) Yes. LLC Attorney's ongoing compliance subscription tracks your New Hampshire filing deadlines, handles your Annual Report, and connects you with flat-fee attorney consultations (no retainer) when a tax question needs a licensed professional's judgment call. ## Learn More About New Hampshire - [New Hampshire LLC Formation](/states/nh/llc-formation-new-hampshire) - [New Hampshire Registered Agent](/states/nh/registered-agent-new-hampshire)