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New Mexico Individual Income Taxes (Subscribe)

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New Mexico state income tax on individuals, including income, deductions, exemptions, credits, alternative minimum tax, capital gains and losses, New Mexico resident versus nonresident, and other New Mexico personal tax information.

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FAQ: New Mexico Cerro Grande Fire Extension updated

The Cerro Grande Fire was a disastrous forest fire in New Mexico that occurred in May 2000.

http://www.state.nm.us/tax/cerro/cerrofaq.htm

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FAQ: New Mexico Medical Care Deduction updated

Who may claim the deduction for unreimbursed or uncompensated medical care expenses? AND Where do I take the deduction for unreimbursed or uncompensated medical care expenses?

http://www.tax.newmexico.gov/Tax-Library/Pages/Frequently-Asked-Questions.aspx#Personal-Income-Tax

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FAQ: New Mexico Personal Income Tax E-filing Mandate updated

The requirement for tax practicioners to file personal income tax returns by Department-approved electronic media began January 1, 2008, Section 7-1-71.4 NMSA 1978.

http://www.tax.newmexico.gov/Tax-Library/Pages/Frequently-Asked-Questions.aspx#Personal-Income-Tax-E-filing-Mandate

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New Mexico Taxation and Revenue Rulings updated

New Mexico will not approve a tax ruling request by a taxpayer who is undergoing an audit. Please note that the Secretary is not required by statute to issue a ruling.

http://www.tax.newmexico.gov/Tax-Library/Statutes-and-Department-Directives/Pages/Rulings.aspx

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