As wifi stated, you have to be lucky enough to have the income to file a NH I&D return. Each individual is given a deduction (similar to the standard deduction on a federal return) of $2,400 for single or $4,800 if MFJ. If you are over the age of 65 or blind, you (and your spouse, if qualifying) receive and additional exemption of $1,200. The NH I&D tax is 5%. Also, certain interest and dividend income may be non-taxable to NH (such as dividend income earned on NH muni bonds).
Example:
If I'm married and under the age of 65, I need to have greater than $4,800 of federal interest, dividends, and tax-exempt income to meet the criteria to file. If I had $6,000 in interest and dividend income on my federal tax return, only $1,200 ($6,000 - $4,800) of it is taxable to NH at 5% equaling a tax of $60.
Hope that helps
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