The New Hampshire Bonus Tax refers to the taxation of bonus income, such as commissions or supplemental earnings. In 2025, it faces federal taxes, Social Security, and Medicare withholdings, but New Hampshire imposes no state income tax on bonuses.

Bonuses are taxed federally at 22% for amounts up to $1 million and 37% for amounts exceeding $1 million. Social Security (6.2%) and Medicare (1.45%) taxes also apply, with no additional state tax in New Hampshire.

Yes, bonuses are taxed as supplemental income at a flat federal rate (22% or 37%), unlike regular income, which follows tax brackets. New Hampshire applies no state tax to either income type.

No, New Hampshire has no state income tax on bonuses or wages in 2025. Only federal taxes, including Social Security and Medicare, are withheld.

The federal tax rate is 22% for bonuses up to $1 million and 37% for amounts above that. This applies across the U.S., including New Hampshire.

Your bonus is reduced by federal taxes (22% or 37%), Social Security (6.2%), and Medicare (1.45%), but no state tax applies. This often results in higher net pay compared to states with income taxes.

New Hampshire offers no state-specific exemptions since it doesn’t tax income. Federal exemptions or deductions may apply depending on your tax situation.

You report bonuses on your federal tax return, typically via your W-2. New Hampshire requires no state income tax filing for wages or bonuses.

As of 2025, New Hampshire has no state income tax on bonuses, and no changes are currently planned. Future shifts would depend on new state legislation.

New Hampshire’s lack of state income tax makes it more favorable for bonus earners than states like California or New York, which add state taxes (e.g., 10-13%) to federal withholdings.