New Mexico Bingo and Raffle Tax Return 2026

1. Click ‘Get Form’ to open the New Mexico Bingo and Raffle Tax Return in the editor.
2. Begin by filling out the name and address block at the top of the form. Ensure that you enter your federal employer identification number (FEIN) or social security number (SSN). If applicable, include your New Mexico CRS identification number.
3. Indicate the last day of the calendar quarter for which you are reporting. This is crucial for accurate tax calculation.
4. In section 1, enter your gross receipts from games of chance held during the quarter. This figure is essential as it determines your tax liability.
5. Calculate the tax due in section 2, which is 0.5% of your gross receipts from section 1.
6. If applicable, calculate any penalties in section 3 based on late submissions, and interest in section 4 according to current rates.
7. Sum up sections 2, 3, and 4 to get your total due in section 5. Enter any payments made in section 6.
8. Finally, sign and date the form at the bottom before submitting it along with your payment to ensure compliance.

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