work in nh live in ma

If you live in NH and work in MA, you pay MA income taxes. If you work in NH 60% of the time, you get a significant cut in the MA taxes. If you work in NH you will file a non resident return with NH and report the income you had from that state and will pay NH state taxes on that income. If you're living and working in New Hampshire, the state's individual tax rates apply to interest and dividend income only and is not levied on wages. SInce you are a resident of MA, you are required to report your income from all sources and pay tax on it. And if you're young and enjoy nightlife - I'll just say that it's not uncommon for recent Boston-area grads to continue living in Boston and commuting to NH. BUT, you will not be double taxed on that income. While the New Hampshire resident pays no state income tax to New Hampshire, he is still responsible for paying local property taxes as well as taxes on any capital gains or dividends. Upshot: If you live in NH, one of you pays income tax. You inquire whether the Company is required to withhold Massachusetts … State of New Hampshire” You are responsible for understanding your rights and responsibilities. The only exception is military compensation, which does not count toward No Tax Status or the Limited Income Credit. Most residents of New Hampshire who earn money in Massachusetts end up paying full income tax to the latter state. You will only be responsible for the 60% of your income that was earned in Massachusetts. File in the state you work in. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Lorden Commons in Londenderry, NH. The arrangement is thus financially beneficial to Massachusetts because New Hampshire has no state income tax. I live In Massachusetts, and worked in New Hampshire for 6 months and in Mass for 4 months in 2006. Join our community, read the PF Wiki, and get on top of your finances! MA doesn't have an earned income tax, they have a general income tax. 4,580 posts, read … Apply to In Home Caregiver, Shift Leader, Caregiver and more! As a resident of MA, you will file a resident … I had a MA payroll years ago, did all my work in NH, and had to pay zero to MA. I live in Massachusetts and may be taking a position in New Hampshire. Rather, … This is moot for many people, since there's a $100 deduction on MA bank interest, but it's something to factor in. Upshot: If you live in NH… So if you live in MA, you'd be paying tax on all your income. Massachusetts taxes all non-residents who earn income in the state as if they were residents. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. If you both live in MA you'll pay MA income tax on what you earn working in NH, and he'll pay MA income tax on what he earns working in MA. I would be a MA resident working in NH, would I have to pay the ~5% earned income tax of MA because I'm a resident or would I be able to take the NH rate since that's where I earned the income? We are trying to work out a location that will provide a suitable commute for the both of us and we have a list of some places in New Hampshire and some places in Massachusetts. Yet despite this great city’s significance as a dynam… Press J to jump to the feed. Do check out other aspects. While many states have established tax-related reciprocity arrangements so that workers don't pay state taxes twice, New Hampshire has no state income tax so a reciprocity arrangement isn't necessary. Let me … … Absolutely! Cookies help us deliver our Services. Hello PF! SO even if you work in NH, you will owe MA State income tax on this income. The "liable state", where you work is New Hampshire. Ever thought of living in New Hampshire and commuting to Boston for work? These residents pay close to $235 million in Massachusetts income tax annually while paying no income tax at all to New Hampshire. NH … Property taxes in MA may be quite a bit lower so … 254 Caregiver Live jobs available in New Hampshire on Indeed.com. These arrangements prevent double taxation by crediting state tax already paid to one state. Of course, Boston maintains a well deserved reputation as one of the most remarkable cities in the United States, and the world. All professional income, unemployment compensation and lottery winnings are subject to the tax. More than 87,000 New Hampshire residents work in Massachusetts, according to a 2011 article by Raymond Lanier in the "Concord Monitor." Since NH has a 0% rate on earned income, my question is how the income tax treatment were to play out if we settled on a place in Massachusetts? August 2, 1984 ("Company") is a general contractor which operates in Massachusetts and New Hampshire. You'll basically have to call both and have them working … It still may be cheaper for you in the long run though. Apparently it wouldn’t be so bad. It is the one who collected unemployment taxes from your employer and is the one to pay your benefits, therefore file with NH. BUT, you will not be double taxed on that income. There is a $4,400 personal exemption for taxpayers who are single or married filing separately; those who are married filing jointly receive an $8,800 exemption. Thanks a lot! If you … This booklet is also available in Spanish, Bosnian, Vietnamese, Arabic and Simplified Chinese at any New Hampshire Local Office or on-line at www.nhes.n… States have a threshold for non-residents for when they have to pay taxes and file non … Press question mark to learn the rest of the keyboard shortcuts. WBUR Newsroom New Hampshire is demanding that Massachusetts stop imposing a state income tax on New Hampshire residents working remotely from their homes for Massachusetts … Massachusetts Department of Revenue: FAQ and General Information for Non-residents, Rudy Mayer: Issues to consider when relocating to southern New Hampshire, "There's also a New Hampshire Disadvantage"; Raymond Lanier; May 2011. For one, NH charges $8.90 for the transponder. So, if you live outside of New Hampshire, but work in New Hampshire, file with the New Hampshire Employment Security Office. If you both live in NH, you will not pay income tax on what you earn, but buddy will pay MA income tax on what he earns working in MA. Please do not discard this booklet! About 87,000 New Hampshire residents earn incomes by working in Massachusetts. If you work in MA, your income earned in MA will be subject to MA income tax. 12-14-2007, 09:11 PM Valerie C : Location: Southern New Hampshire. In Massachusetts, there is a flat tax of 5.13% on … If you live in MA and work in NH, you are still responsible for taxes earned in NH or any other state. Awesome, this was exactly what I was looking for. On the flip side, if we were to live in NH how would the income tax treatment play out for my buddy who would be living in NH and working in MA? All MA residents pay MA income taxes regardless of where they work. Was in New Hampshire Employment Security Office planning on moving up there with buddy... Will get you a … 254 Caregiver live jobs available in New Hampshire residents work in more posts from personalfinance. By working in Massachusetts income tax the MA/NH line in another state and your last Employment was in New residents...: Location: Southern New Hampshire Employment Security Office months and in Mass for 4 months in 2006 over! A 2011 article by Raymond Lanier in the `` liable state '' where! 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