Governor: Bill Richardson
Income Tax Revenue (2007): $5,205,322,000.00
New Mexico Population 1,964,402
New Mexico Taxation and Revenue Department:
P. O. Box 25122
Santa Fe, New Mexico 87504-5122
If your domicile was in New Mexico for the entire year or if your physically present in New Mexico for at least 185 days you are a New Mexico resident. Residents of New Mexico who had to file a federal return, want to claim a refund of income withheld, or want to claim credits or rebates need to file a New Mexico resident return. To file a New Mexico resident return use Form PIT-1 (attached below). For more information or assistance on filing a New Mexico income tax return see Form PIT-1 Instructions (attached below).
If your domicile was in New Mexico for only part of the year or if you lived in New Mexico for less than 185 days or more you are a part-year resident. To file a New Mexico part year resident return use Form PIT-1 (attached below). For more information or assistance on filing a New Mexico income tax return see Form PIT-1 Instructions (attached below).
If your domicile was in New Mexico for the entire year or if your physically present in New Mexico for at least 185 days you are a New Mexico resident. Residents of New Mexico who had to file a federal return, want to claim a refund of income withheld, or want to claim credits or rebates need to file a New Mexico resident return. To file a New Mexico resident return use Form PIT-1 (attached below). For more information or assistance on filing a New Mexico income tax return see Form PIT-1 Instructions (attached below).
If you are a New Mexico resident that works in another state you will need to claim all income earned in that other state on your New Mexico return. This is because New Mexico taxes its citizens on all the income they earned regardless of source. The problem arises if the state that you earned the income in also taxes this income. In such a case New Mexico offers a credit, to avoid on such income. This credit may not exceed your New Mexico income tax liability or 0.5% of the income you earned in the other state. To qualify for such a credit you will need to fill enter the amount of income taxed by another state in Line 17 of Form PIT-1 and attach the other state’s return to your New Mexico return. For more information or assistance see Form PIT-1 Instructions.
If your domicile was not in New Mexico for any part of the year and you were in New Mexico for less than 185 days you are a nonresident of New Mexico. Nonresidents of New Mexico who filed federal income tax return that included income or loss from New Mexico nonresident return. To file a New Mexico nonresident return use Form PIT-1 (attached below). For more information or assistance on filing a New Mexico income tax return see Form PIT-1 Instructions (attached below).
If your domicile was not in New Mexico for any part of the year and you were in New Mexico for less than 185 days you are a nonresident of New Mexico. Nonresidents of New Mexico who filed federal income tax return that included income or loss from New Mexico nonresident return. To file a New Mexico nonresident return use Form PIT-1 (attached below). For more information or assistance on filing a New Mexico income tax return see Form PIT-1 Instructions (attached below).