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New mexico crs 1 form 2026

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  1. Click 'Get Form' to open the New Mexico CRS-1 form in the editor.
  2. Begin by entering your business name and CRS ID number at the top of the form. Ensure that all information is accurate to avoid delays.
  3. In Column A, list each municipality or county where you have a business location. Refer to the Gross Receipts Tax Rate Schedule for correct location codes.
  4. For Column D, input your total gross receipts excluding tax. This includes all taxable and deductible receipts from your business activities.
  5. In Column E, enter any deductions you are claiming. Make sure to keep supporting documentation handy as it may be required for verification.
  6. Complete Columns F through H by calculating taxable gross receipts, tax rates, and total taxes due based on your entries in previous columns.
  7. Review all entries for accuracy before submitting. If everything looks good, click 'Submit' to file your form electronically.

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