What To Know In NH As Deadline To File 2022 Income Tax Returns Nears

Tax season is upon us and New Hampshire taxpayers have until April 18th, 2022, to file their income tax returns. However, there are a few things to keep in mind before filing to ensure a smooth and accurate process.

Firstly, make sure to have all necessary documents and information ready. This includes W-2s, 1099s, and any other forms that indicate income received throughout the year.

Secondly, be aware of any changes in tax laws that may affect your return. For example, in New Hampshire, there is no state income tax on wages, but there is a tax on interest and dividends.

Thirdly, consider using an online tax filing service, as they can simplify the process and potentially save you money.

It’s also important to note that depending on your financial situation, you may be eligible for tax credits and deductions. Examples include the Earned Income Tax Credit, Child Tax Credit, and deductions for charitable donations or medical expenses.

Tax season can be a stressful time, but by being prepared and informed, it can be a much smoother process. Don’t forget to file on time to avoid penalties and interest charges.

Overall, understanding the ins and outs of tax season is crucial for all taxpayers. Stay up to date on changes in tax laws, take advantage of available credits and deductions, and consider using an online tax filing service. By doing so, you can ensure that your tax return is accurate and filed on time.