Viewing a single comment thread. View all comments

strattons65 t1_iqzt665 wrote

Tax fraud. New Hampshire has no state income tax. Getting your license or registration in New Hampshire Is a great way to “prove” you live in New Hampshire and thereby avoid state income tax where you really live like New York or Connecticut or Rhode island etc.

1

Ted_Fleming t1_ir01phh wrote

It doesn’t work like that. You need an address etc to show it is your domicile in order to claim residency. While NH has no sales or income tax the property taxes (real estate, car reg, etc) is sky high so it works out when you avg those three taxes in most surrounding states, the “NH tax advantage” is not as great as it appears

10

psycosven t1_ir1s01c wrote

Live in NH, work in another state, and realize the NH Tax Disadvantage... (Also be sure your life insurance is squared away because the commutes are getting even more crazy)

1

Ted_Fleming t1_ir2lwax wrote

It is certainly a disadvantage on the surface to work in another state and live in NH but normally its for a larger wage than the tax differential so it shouldn’t be a disadvantage otherwise you should find a job in NH.

1