Does your Federal income tax return include interest and dividends in excess of $2,400?
New Hampshire still imposes the Interest & Dividends tax for 2024 at a tax rate of 3%.
Perhaps this is why the New Hampshire tax return is being invoked.
The Interest & Dividends tax is repealed for taxable periods beginning after December 31, 2024.
This New Hampshire website states:
For taxable periods beginning on or before December 31, 2024: all New Hampshire residents and fiduciaries whose gross interest and dividends income, from all sources, exceeds $2,400 annually ($4,800 for joint filers). In addition, limited liability companies, partnerships, and associations with non-transferable shares whose gross interest and dividends income, from all sources, exceeds $2,400 annually must also file and pay I&D Tax.
The I&D is repealed for taxable periods beginning after December 31, 2024.
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