E-File with TurboTax Free Federal Edition and Get the Largest Possible Refund FREE. 
New Mexico Income Tax
New Mexico’s income is the same as your federal AGI, calculated when filing your federal return. Your New Mexico personal exemptions, standard deductions, and itemized deductions will thus be the same as your federal ones.
Income taxes should be turned in by April 15th.
New Mexico Tax Filing Guide
Here are detailed instructions for filing taxes in the state of New Mexico.
Consider using TurboTax to E-File your New Mexico taxes.
New Mexico Residents
If your domicile was in New Mexico for the entire year or if you were 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).
Related Tax Forms
- Form PIT-1 - New Mexico Personal Income Tax
Part-Year New Mexico Residents
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, 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).
Related Tax Forms
- Form PIT-1 - New Mexico Personal Income Tax
New Mexico Residents who work in another state
If your domicile was in New Mexico for the entire year or if you were 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 dual taxation 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 enter the amount of income taxed by the other 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.
Related Tax Forms
- Form PIT-1 - New Mexico Personal Income Tax
Non-Residents who work in New Mexico
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 a federal income tax return that included income or loss from New Mexico must file a 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).
Related Tax Forms
- Form PIT-1 - New Mexico Personal Income Tax
Non-Residents who sold property in New Mexico
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 a federal income tax return that included income or loss from New Mexico must file a 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).
Related Tax Forms
- Form PIT-1 - New Mexico Personal Income Tax
New Mexico State Tax Forms
- Form PIT-1 - New Mexico Personal Income Tax
- Schedule PIT-ADJ - New Mexico Additions and Deductions Schedule
- Form PIT-CR - New Mexico Non-refundable Credit Schedule
- Form PIT-D - New Mexico Voluntary Contributions Schedule
- Form PIT-RC - New Mexico Rebate And Credit Schedule
Relevant Links
- State of New Mexico Tax Website - Official Site
- State of New Mexico E-File Service - Offered by New Mexico's Official Website
- Additional Tax Forms - A Comprehensive Collection of New Mexico Tax Forms
New Mexico Mailing Address
Wondering where to mail your New Mexico taxes? Here's the address:New Mexico Taxation and Revenue Department:
P. O. Box 25122
Santa Fe, New Mexico 87504-5122
New Mexico Sales Tax
New Mexico has a 5.125% state sales tax, entitled a gross recipts tax. Some counties and localities place have additional sales taxes up to 2.875 percent. New Mexico’s sales tax is not applicable to food purchases, except for certain exemptions. The sales tax also does not exist for certain medical services.
