New Mexico Income Taxes and NM State Tax Forms


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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 DateType of Income Tax ReturnFiling Deadline / Due Date Description
April 15, 2014 2013 New Mexico State Tax Return Due date for New Mexico State Income Tax Returns - income tax filing deadline
April 15, 2014 2013 New Mexico State Tax Extension Due date for New Mexico extensions
October 15, 2014 2013 New Mexico State Tax Return Last day to efile a 2013 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/ScheduleDescriptionCan I efile this form?
Form PIT-1 New Mexico Personal Income Tax Form 














Form PIT-4 Preservation of Cultural Properties Credit
Form PIT-4A Preservation of Cultural Properties Credit Attachment
Form PIT-5 Qualified Business Facility Rehabitation Credit
Form PIT-110 Adjustments to New Mexico Income
Form CTP Credit for Taxes Paid to Another State Worksheet
Form PIT-ADJ Schedule of Additions and Deduction
Form PIT-B Allocation of Income
Form PIT-B Worksheet for Apportionment of Business/Farm
Form PIT-CG New Mexico Caregiver's Statement
Form PIT-CR Non-Refundable Credit Schedule
Form PIT-D New Mexico Voluntary Contributions Schedule (Refund Donation Form)
Form PIT-RC Rebate and Credit Schedule-PIT-1-RC (Pages 1 and 2)
Form PIT-X Amended Tax Return
Form RPD-41096 Extension of Time to File-NM-EXT
Form RPD-41272 Underpayment Penalty Calculation

New Mexico State Tax Forms that Cannot Be efiled

 

FormDescription
None 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

New Mexico Extension InstructionsHow 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

New Mexico state tax amendments can only be filed by mail; they cannot be efiled. Learn how to prepare and file an amended New Mexico tax return.


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 2012 New Mexico Tax Forms (Print, Fill Out, and Mail)
Form PIT-1 New Mexico Personal Income Tax Return

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Form PIT-4 Preservation of Cultural Properties Credit
Form PIT-5 New Mexico Qualified Business Facility Rehabitation Credit
Form PIT-110 Adjustments to New Mexico Income
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 PIT-1-RC New Mexico Rebate and Credit Schedule
Form CTP Credit for Taxes Paid to Another State Worksheet
Form RPD-41272 Calculation of Estimated Personal Income Tax Underpayment Penalty

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 2014.

Sales Tax Holiday DatesSales Tax Holiday Items Included
August 2-4, 2014
  • 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.

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