$OBBBA Calculators
← SALT Cap Calculator

New Hampshire SALT Cap Calculator

For New Hampshire filers.

The short answer: At the scenario numbers below, the OBBBA SALT deduction is $0 — about $0 back at a 24% rate ($0 per biweekly paycheck).

Old cap (pre-OBBBA): $6,000 deductible
Your OBBBA cap: $40,000
Extra deduction: $0
Est. federal tax savings: $0
Your SALT payments fit under the old $10,000 cap — no change from OBBBA

⚠️ This calculator provides estimates for informational and educational purposes only. It is not tax advice. Results are based on the One Big Beautiful Bill Act (OBBBA) and IRS Schedule 1-A. Consult a qualified tax professional for your specific situation.

Your State's Slice of the $40,000 Cap

NH has no wage income tax; the interest & dividends tax is phasing out (gone in 2025). SALT is essentially property tax.

  • • Property tax only → SALT; the old cap rarely bound
  • • High property tax towns (~$8–12k) still under the new cap entirely
  • • Phase-out above $500,000 MFJ

Worked Example

A NH MFJ household, $250,000 MAGI: about $5,500 property tax plus minimal I&D tax.

  • • Deductible amount: $0
  • • Federal income tax savings: $0 (at the 24% marginal rate)
  • • Per biweekly paycheck: $0

Keep Reading

Frequently Asked Questions

Does the SALT cap increase help NH residents?

Modestly — property tax alone was already near or under the old cap for most.

NH's I&D tax ended — any SALT from it?

The phase-out eliminated it by 2025, so essentially no income-tax SALT remains.