New Mexico Income Taxes and NM State Tax Forms

New Mexico
"Land of Enchantment"

Start Federal and New Mexico State Tax Returns

Start New Mexico State Tax Return Only

Where is my New Mexico State Tax Refund?

Where is my Federal Tax Refund?

How to file a New Mexico Tax Extension

How to file a New Mexico Tax Amendment

Prepare and efile Your New Mexico Tax Return

The efile.com tax software makes it easy for you to efile your state tax return and use the correct state tax forms. Prepare and efile your New Mexico state tax return (resident, nonresident, or part-year resident) and Federal tax return together or separately at efile.com. View the federal tax return filing requirements.

New Mexico Income Tax Filing Deadline

The regular deadline to file a New Mexico state income tax return is April 15.

Tax Deadline Date	Type of Income Tax Return	Filing Deadline / Due Date Description
April 15, 2013	2012 New Mexico State Tax Return	Due date for New Mexico State Income Tax Returns - income tax filing deadline
April 15, 2013	2012 New Mexico State Tax Extension	Due date for New Mexico extensions
October 15, 2013	2012 New Mexico State Tax Return	Last day to efile a 2012 New Mexico State Income Tax Return for tax extension filers and late efilers

View all state tax return filing deadlines.

Find federal income tax return filing deadlines.

New Mexico State Tax Forms that Can Be efiled

efile.com supports all of the forms that New Mexico allows to be efiled. You can efile any of the following New Mexico state tax forms:

Form/Schedule	Description	Can I efile this form?
Form PIT-1	New Mexico Personal Income Tax	efile It efile It efile It
Form PIT-1-RC	New Mexico Rebate and Credit Schedule
Form PIT-4	New Mexico Preservation of Cultural Properties Credit
Form PIT-5	New Mexico Qualified Business Facility Rehabitation Credit
Form PIT-ADJ	New Mexico Schedule of Additions and Deductions/Exemptions
Form PIT-B	Allocation and Apportionment of Income Schedule
Form PIT-CG	New Mexico Caregiver's Statement
Form PIT-CR	New Mexico Non-Refundable Credit Schedule
Form PIT-D	New Mexico Voluntary Contributions Schedule
Form RPD-41272	Calculation of Estimated Personal Income Tax Underpayment Penalty
Form RPD-41367	Annual Withholding of Net Income From a Pass-Through Entity Detail Report
Form CTP	Credit for Taxes Paid to Another State Worksheet
Form PIT-110	Adjustments to New Mexico Income

New Mexico State Tax Forms that Cannot Be efiled

Form	Description
No state withholding form	The state doesn't have a withholding form equivalent to the federal Form W-4. You should use a federal W-4 and write across the top of the form "For New Mexico Withholding Tax Only." Keep it in your files for reference purposes.
Form PIT-PV	New Mexico Personal Income Tax Payment Voucher
Form PIT-8453	Individual Income Tax Declaration for Electronic Filing and Transmittal

NM Tax Extension

Extension Form	New Mexico Extension Instructions	How to File
Form RPD-41096	If you already have a federal tax return extension, you don't need to file a separate return extension for New Mexico. The state honors any federal extension of time to file that you have. You must file a NM extension Form RPD-41096, Extension of Time to File, if you require additional time than what is granted at the federal level. Be aware that an extension gives you more time to file your NM tax return, not more time to pay any taxes owed. Interest accrues on income tax not paid on or before the NM tax return deadline. If you expect to owe more tax when you file your state return, you should make a payment online or by mail, using a payment voucher, and avoid the accrual of interest on that amount. If you are including a payment with Form RPD-41096, attach extension payment voucher Form PIT-EXT.	Work with a TaxPro goPRO Form PIT-EXT

Extension Form

New Mexico Extension Instructions

How to File

Form RPD-41096

If you already have a federal tax return extension, you don't need to file a separate return extension for New Mexico. The state honors any federal extension of time to file that you have.

You must file a NM extension Form RPD-41096, Extension of Time to File, if you require additional time than what is granted at the federal level.

Be aware that an extension gives you more time to file your NM tax return, not more time to pay any taxes owed. Interest accrues on income tax not paid on or before the NM tax return deadline. If you expect to owe more tax when you file your state return, you should make a payment online or by mail, using a payment voucher, and avoid the accrual of interest on that amount. If you are including a payment with Form RPD-41096, attach extension payment voucher Form PIT-EXT.

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Form PIT-EXT

Important Reminder! If you are efiling a New Mexico tax extension, you may need to efile a federal tax extension as well.

NM Tax Amendment

Amendment Form	New Mexico Amendment Instructions	How to File
Form PIT-X	If you have already filed or efiled your state return and you need to make corrections, you can file an amended state tax return. To prepare an amended New Mexico tax return for Tax Years 2005 to present, complete and file Form PIT-X, New Mexico Personal Income Tax Amended Return, for the year you are amending (for example: Form 2005 PIT-X for a 2005 TY NM return). For tax years beginning prior to January 1, 2005, there is no special amendment form. File amended returns using Form PIT-1 for the appropriate Tax Year. Mark the “amended” checkbox or write “amended” at the top of the form. For these years do not file an amended return on Form PIT-X. Attach any supporting documentation that changes your tax liability with your NM amendment. You cannot efile a NM amended tax return, so you will need to mail it to the address on the form. The law requires you to file an amended New Mexico return within 90 days of the date when an adjustment to your federal return becomes final.	Work with a TaxPro goPRO

Amendment Form

New Mexico Amendment Instructions

How to File

Form PIT-X

If you have already filed or efiled your state return and you need to make corrections, you can file an amended state tax return.

To prepare an amended New Mexico tax return for Tax Years 2005 to present, complete and file Form PIT-X, New Mexico Personal Income Tax Amended Return, for the year you are amending (for example: Form 2005 PIT-X for a 2005 TY NM return).

For tax years beginning prior to January 1, 2005, there is no special amendment form. File amended returns using Form PIT-1 for the appropriate Tax Year. Mark the “amended” checkbox or write “amended” at the top of the form. For these years do not file an amended return on Form PIT-X.

Attach any supporting documentation that changes your tax liability with your NM amendment. You cannot efile a NM amended tax return, so you will need to mail it to the address on the form. The law requires you to file an amended New Mexico return within 90 days of the date when an adjustment to your federal return becomes final.

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Important Reminder! If you are filing a New Mexico tax amendment, you may need to file a federal tax amendment as well.

Past Year Forms: Tax Year 2011 New Mexico Tax Forms (Print, Fill Out, and Mail)
Form PIT-1	New Mexico Personal Income Tax Return	Work with a TaxPro goPRO
Form PIT-1-RC	New Mexico Rebate and Credit Schedule
Form PIT-4	Preservation of Cultural Properties Credit
Form PIT-5	New Mexico Qualified Business Facility Rehabitation Credit
Form PIT-ADJ	New Mexico Schedule of Additions and Deductions/Exemptions
Form PIT-B	Allocation and Apportionment of Income Schedule
Form PIT-CG	New Mexico Caregiver's Statement
Form PIT-CR	New Mexico Non-Refundable Credit Schedule
Form PIT-D	New Mexico Voluntary Contributions Schedule
Form PIT-ES	New Mexico Estimated Personal Income Tax Payment Voucher
Form RPD-41272	Calculation of Estimated Personal Income Tax Underpayment Penalty
Form CTP	Credit for Taxes Paid to Another State Worksheet
Form PIT-110	Adjustments to New Mexico Income

Where's My Refund? - Check Your New Mexico State Tax Refund Status

If you efiled your NM tax return, wait at least 2 to 4 weeks before checking the status of your state refund. If you filed your return on paper before March 15, it usually takes 6 to 8 weeks for the return to be processed. Returns filed after March 15 usually take up to 12 weeks to be processed.

Check your New Mexico tax refund status online.

NM efile Error Codes

If your New Mexico state return was rejected, you will receive an error reject code. If you prepared and efiled your return on efile.com, we will provide you with an explanation of how to correct the error on your return. You may then resubmit your state return at no additional charge until it is accepted by the state.

View a list of all New Mexico State efile Income Tax Return Error Reject Codes.

New Mexico Tax Facts

NM Income Tax:

New Mexico uses a seven-bracket, graduated-rate table. The table ranges from 1.7% to 4.9% of taxable income, and the rates vary based on income and filing status.

NM Sales Tax:

New Mexico's general gross receipts tax (the state's term for sales tax) is 5.125%.

The combined gross receipts tax rate varies throughout the state. The total rate is a combination of all rates imposed by the state, counties, and municipalities. It is more than 8% in some jurisdictions.

More information on New Mexico Sales Tax

NM Sales Tax Holiday:

New Mexico has an annual “New Mexico Gross Receipts Tax Holiday”. It usually occurs on the first weekend of August (midnight Friday through midnight Sunday). Certain items are exempt from New Mexico sales tax. However, the NM consumer will only receive the tax exemption if a specific total spending limit is met.

Refer to the chart below for New Mexico sales tax holidays for 2013. We will update the chart once the dates become available.

Sales Tax Holiday Dates	Sales Tax Holiday Items Included
August, 2012	Clothing - $100 or less Computers - $1,000 or less Computer equipment - $500or less School supplies - $30 or less

NM Personal Property Tax:

Taxes are generally not assessed on personal property. Personal household effects, registered aircraft, licensed vehicles, certain personal property warehoused in the state, and business personal property that is not depreciated for federal income tax purposes are exempt from the tax.

New Mexico has a head of family exemption rather than a homestead exemption. Eligible residents must apply for it only once to receive it in subsequent years. The exemption must be for the property in which the owner resides in the State of New Mexico. Only one family exemption per household is permitted.

Odd Tax Fact:

The state's personal income tax rates are based on the federal adjusted gross income rates. New Mexico uses the same dollar amounts as the IRS for standard deductions, personal exemptions, and itemized deductions.

NM State Tax Agency:

For more information, you can visit the website of The New Mexico Taxation and Revenue Department.