New mexico crs 1 2026

1. Click ‘Get Form’ to open the New Mexico CRS-1 in the editor.
2. Begin by entering your business name and CRS ID number in the designated fields. Ensure that all information is accurate to avoid processing delays.
3. Fill in the tax period for which you are reporting, ensuring it aligns with your filing frequency (monthly, quarterly, or semi-annually).
4. In Column A, list each municipality or county where your business operates. Use the Gross Receipts Tax Rate Schedule provided in the kit to find corresponding location codes.
5. Enter gross receipts excluding tax in Column D. Be sure to include all applicable deductions in Column E.
6. Calculate taxable gross receipts and enter them in Column F. Apply the appropriate tax rate from Column G based on your location.
7. Review all entries for accuracy before submitting. Utilize our platform's features to save and print a copy of your completed form for your records.

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