Tax-brackets newmexicotaxformsform-pit-bNew MexicoAllocation & Apportionment of Income Schedule 2026

1. Click ‘Get Form’ to open the New Mexico Allocation & Apportionment of Income Schedule in the editor.
2. Begin by entering your Social Security Number and printing your full name in the designated fields.
3. For residency periods, fill in the 'From' and 'through' dates for both you and your spouse if applicable. If there are additional periods, note them below.
4. In Section I, allocate nonbusiness income by filling out lines 1 through 7 with the appropriate amounts from your federal income.
5. Proceed to Section II for apportionment of business and farm income. Complete line 8 using the worksheet provided on page 2.
6. Add lines 1 through 8 and enter the total on line 9. Then, follow instructions for federal adjustments on lines 10 and 11.
7. Finally, calculate the necessary tax using line 12 and complete line 14 before saving or exporting your filled form.

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