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Does New Mexico require state income tax?

New Mexico imposes a tax on the net income of every resident and on the net income of every nonresident employed or engaged in business in, into or from this state or deriving any income from any property or employment within this state.

Who needs to file New Mexico tax return?

New Mexicos law says every person who has income from New Mexico sources and who is required to file a federal income tax return must file a personal income tax return in New Mexico. You must also file a New Mexico return if you want to claim: a refund of New Mexico state income tax withheld from your pay, or.

Is there a state tax form for New Mexico?

Everyone who is required to file a New Mexico personal income tax return must complete and file a form PIT-1, New Mexico Personal Income Tax Return.

Where can I get federal state and local tax forms?

Get the current filing years forms, instructions, and publications for free from the Internal Revenue Service (IRS). Download them from IRS.gov. Order by phone at 1-800-TAX-FORM (1-800-829-3676)

Do I have to file a Mexico tax return?

Tax returns All residents receiving income during the calendar year are required to file an annual tax return no later than 30 April of the succeeding year, except in certain cases. When an individual earns Mexican bank interest only, and it is less than MXN 100,000 per year, no tax return filing is required.

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