New Mexico State Tax Return

New Mexico's Official Website http://www.tax.newmexico.gov/Pages/TRD-Homepage.aspx
Refund Status Hotline1-505-827-0827
General Information1-505-827-0827
New Mexico

New Mexico Individual Income Tax Provision

To assess state residents' individual income tax, New Mexico uses a joint filing system, one of three different methods used by states. The joint filing system combines the incomes of both partners in a married couple and taxes them as one amount, creating the notion that the couple is a single economic unit.

Same-sex marriages are recognized in New Mexico, which means these couples are taxed exactly the same as opposite-sex married couples, and can chose to file a joint return.

The tax base in New Mexico starts with federal adjusted gross income, and generally follows all the same rules as the federal law. There are a few minor exceptions.

Exemptions

Some sources of income are subject to exclusion from the state tax base. These include:

  • Interest from U.S. government bonds
  • Active duty military pay

Deductions

New Mexico uses the same standard deduction as the federal law, as well as adding other deductions residents should be aware of. Deductions exist for:

  • The greater of 50% or $1,000 of federally taxed capital gains
  • Up to $8,000 for taxpayers over 65 or blind who meet certain income limits
  • Contributions to an approved New Mexico Section 529 college savings account
  • Contributions to medical care savings accounts
  • Medical care expenses for persons over 65
  • Organ donation expenses
  • Unreimbursed medical expenses not taken as an itemized deduction
  • Life insurance premium reimbursements for nation guard members

State and local income or sales tax, as well as federal income tax is non-deductible in New Mexico.

2017 New Mexico Tax Rates

If taxable income more than - but not over - the tax is:
$0 $5,500 1.7% of the amount over $0
$5,500 $11,000 $93.50 plus 3.2% of the amount over $5,500
$11,000 $16,000 $269.50 plus 4.7% of the amount over $11,000
$16,000 - $504.50 plus 4.9% of the amount over $16,000
If taxable income more than - but not over - the tax is:
$0 $8,000 1.7% of the amount over $0
$8,000 $16,000 $136 plus 3.2% of the amount over $8,000
$16,000 $24,000 $392 plus 4.7% of the amount over $16,000
$24,000 - $768 plus 4.9% of the amount over $24,000
If taxable income more than - but not over - the tax is:
$0 $4,000 1.7% of the amount over $0
$4,000 $8,000 $68 plus 3.2% of the amount over $4,000
$8,000 $12,000 $196 plus 4.7% of the amount over $8,000
$12,000 - $384 plus 4.9% of the amount over $12,000
If taxable income more than - but not over - the tax is:
$0 $8,000 1.7% of the amount over $0
$8,000 $16,000 $136 plus 3.2% of the amount over $8,000
$16,000 $24,000 $392 plus 4.7% of the amount over $16,000
$24,000 - $768 plus 4.9% of the amount over $24,000

eTax.com works with the IRS and state revenue services to bring you the latest tax laws, forms & schedules.

When you prepare a federal return with eTax.com, we make it quick and easy to complete your New Mexico state tax return. eTax.com offers e-file and direct deposit with all states that have e-file and direct deposit capabilities.


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New Mexico Services Available
Preparation Preparation of a state tax return for New Mexico is available for $29.95.
E-File E-File is not available for New Mexico.
Direct Deposit Direct Deposit is not available for New Mexico.
Non-Resident Preparation Non-resident NM state return's are available upon request.
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Filing Deadline 4/15/2018
NM Counties NM Cities
BernalilloAlbuquerque, Bosque Farms, Cedar Crest, Isleta, Kirtland AFB, Rio Rancho, Sandia Park, Tijeras
CatronAragon, Datil, Glenwood, Luna, Pie Town, Quemado, Reserve
ChavesDexter, Hagerman, Lake Arthur, Roswell
CibolaBluewater, Casa Blanca, Cubero, Fence Lake, Grants, Laguna, Milan, New Laguna, Paguate, Pinehill, San Fidel, San Rafael
ColfaxAngel Fire, Cimarron, Eagle Nest, Maxwell, Miami, Raton, Springer, Ute Park
CurryBroadview, Cannon AFB, Clovis, Grady, Melrose, Saint Vrain, Texico
De BacaFort Sumner, Taiban, Yeso
Dona AnaAnthony, Berino, Chamberino, Dona Ana, Fairacres, Garfield, Hatch, La Mesa, Las Cruces, Mesilla, Mesilla Park, Mesquite, Organ, Radium Springs, Rincon, Salem, San Miguel, Santa Teresa, Sunland Park, Vado, White Sands Missil
EddyArtesia, Carlsbad, Hope, Lakewood, Loco Hills, Loving, Malaga, Whites City
GrantArenas Valley, Bayard, Buckhorn, Cliff, Faywood, Fort Bayard, Gila, Hachita, Hanover, Hurley, Mimbres, Mule Creek, Pinos Altos, Redrock, Santa Clara, Silver City, Tyrone
GuadalupeAnton Chico, Cuervo, La Loma, Newkirk, Santa Rosa, Vaughn
HardingMills, Mosquero, Roy, Solano
HidalgoAnimas, Lordsburg, Playas, Rodeo
LeaCaprock, Crossroads, Eunice, Hobbs, Jal, Lovington, Maljamar, McDonald, Monument, Tatum
LincolnAlto, Capitan, Carrizozo, Corona, Fort Stanton, Glencoe, Hondo, Lincoln, Nogal, Picacho, Ruidoso, Ruidoso Downs, San Patricio, Tinnie
Los AlamosLos Alamos
LunaColumbus, Deming
McKinleyBrimhall, Church Rock, Continental Divide, Crownpoint, Fort Wingate, Gallup, Gamerco, Jamestown, Mentmore, Mexican Springs, Navajo, Prewitt, Ramah, Rehoboth, Smith Lake, Thoreau, Tohatchi, Vanderwagen, Yatahey, Zuni
MoraBuena Vista, Chacon, Cleveland, Guadalupita, Holman, Mora, Ocate, Ojo Feliz, Rainsville, Valmora, Wagon Mound, Watrous
OteroAlamogordo, Bent, Cloudcroft, High Rolls Mountai, Holloman AFB, La Luz, Mayhill, Mescalero, Orogrande, Pinon, Sacramento, Sunspot, Timberon, Tularosa, Weed
QuayBard, House, Logan, McAlister, Nara Visa, Quay, San Jon, Tucumcari
Rio ArribaAbiquiu, Alcalde, Canjilon, Canones, Cebolla, Chama, Chimayo, Cordova, Coyote, Dixon, Dulce, El Rito, Embudo, Espanola, Gallina, Hernandez, La Madera, Lindrith, Los Ojos, Medanales, Petaca, San Juan Pueblo, Tierra Amarilla, Truchas, Vallecitos, Velarde, Youngsville
RooseveltCausey, Dora, Elida, Floyd, Kenna, Lingo, Milnesand, Pep, Portales, Rogers
San JuanAztec, Blanco, Bloomfield, Farmington, Flora Vista, Fruitland, Kirtland, La Plata, Nageezi, Navajo Dam, Newcomb, Sanostee, Sheep Springs, Shiprock, Waterflow
San MiguelBell Ranch, Conchas Dam, Garita, Ilfeld, Las Vegas, Montezuma, Pecos, Ribera, Rociada, Rowe, San Jose, Sapello, Serafina, Tererro, Trementina, Villanueva
SandovalAlgodones, Bernalillo, Cochiti Lake, Cochiti Pueblo, Corrales, Counselor, Cuba, Jemez Pueblo, Jemez Springs, La Jara, Pena Blanca, Placitas, Ponderosa, Regina, Rio Rancho, San Ysidro, Santo Domingo Pueb
Santa FeCerrillos, Edgewood, Glorieta, Lamy, Santa Cruz, Santa Fe, Stanley, Tesuque
SierraArrey, Caballo, Derry, Elephant Butte, Hillsboro, Monticello, Truth Or Consequen, Williamsburg, Winston
SocorroClaunch, La Joya, Lemitar, Magdalena, Polvadera, San Acacia, San Antonio, Socorro, Veguita
TaosAmalia, Arroyo Hondo, Arroyo Seco, Carson, Cerro, Chamisal, Costilla, El Prado, Llano, Ojo Caliente, Penasco, Questa, Ranchos de Taos, Red River, San Cristobal, Taos, Taos Ski Valley, Trampas, Tres Piedras, Vadito, Valdez
TorranceCedarvale, Clines Corners, Encino, Estancia, McIntosh, Moriarty, Mountainair, Tajique, Torreon, Willard
UnionAmistad, Capulin, Clayton, Des Moines, Folsom, Gladstone, Grenville, Mount Dora, Sedan, Seneca
ValenciaBelen, Bosque, Jarales, Los Lunas, Peralta, Pueblo of Acoma, Tome