Pit adj 2011 form-2025

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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. Depending upon your residency status and your own personal situation, you may need other forms and schedules.
New Mexicos law says every person who meets both of the following conditions must file Form PIT-1, New Mexico Personal Income Tax Return: Every person who is a New Mexico resident or has income from New Mexico sources. Every person who is required to file a federal income tax return.
New Mexico has a graduated state individual income tax, with rates ranging from 1.70 percent to 5.90 percent. New Mexico has a graduated corporate income tax, with rates ranging from 4.8 percent to 5.9 percent.
Pay online on Taxpayer Access Point (TAP) Making a payment online at the department website, Taxpayer Access Point (TAP). TAP is fast, easy, and electronic check payments are free. After you submit your payment information, you will receive an online confirmation.
New Mexico withholding taxpayers may file Form RPD- 41072, Annual Summary of Withholding Tax. The report is available for taxpayers use but is not required to be filed.
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File a Form PIT-1, New Mexico Personal Income Tax Return resident tax return and use a Form PIT-ADJ, New Mexico Schedule of Additions, Deductions, and Exemptions to deduct any military active duty pay.

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