New Hampshire Tax Amnesty Program Collects $46M to Date

New Hampshire's tax amnesty program, which began on Dec. 1, 2025, and runs to Feb. 15, has dramatically exceeded expectations by the state's Executive Council. According to an InDepthNH.org report, almost $46 million has been collected so far, well above the initial $5 million projection for the first year.

Under the Tax Amnesty Program, New Hampshire is offering individuals the opportunity to pay any outstanding state taxes without penalty and with 50% of accrued interest. Amnesty is available to any taxpayer who has a delinquent state tax return or has not paid a tax due by June 30, 2025. This extension of amnesty applies to anyone with an outstanding tax notice, including those in the appeals process.

To take advantage of the Tax Amnesty Program, taxpayers must file any required outstanding tax returns and pay all unpaid taxes and 50% of applicable interest by Feb. 15.

According to InDepthNH.org, the amnesty plan resulted from the Senate's budget plan, adopted last June and covering the next two years. During these negotiations in May, Sen. Tim Lang, R-Sanbornton, reported that the state has had tax amnesty plans in the past that netted as much as $19 million during the first year of the budget cycle.

The state's amnesty initiative follows the elimination of the state Interest and Dividends Tax. While the repeal took effect Jan. 1, 2025, taxable periods beginning on or before Dec. 31, 2024, are subject to audit and collection by the Department of Revenue Administration (DRA), per applicable law and rules.