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Although the IRS appreciates when taxpayers file an amended return to correct a mistake, they can still assess a penalty or charge interest for not paying the proper amount when the taxes were originally due.
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Share. INSTRUCTIONS: NEW MEXICO PERSONAL INCOME TAX AMENDED RETURN (Form PIT-X) New Mexico residents must amend their originally filed income tax returns if they were the subject of a federal audit, made an error or otherwise need to correct initially reported information.
Yes, you can file amended returns electronically for the current year until around the middle of October.
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File amended returns using the PIT-1 form for the appropriate tax year. Mark the \u201camended\u201d checkbox or write \u201camended\u201d at the top of the form. For these years do not file an amended return on Form PIT-X. The Department cannot accept a return filed on Form PIT-X for a year that begins before January 1, 2005.
Form PIT-X is a Form used for the Tax Amendment. You can prepare a 2021 New Mexico Tax Amendment on eFile.com, however you cannot submit it electronically. In comparison, the IRS requires a different Form - Form 1040X - to amend an IRS return (do not use Form 1040 for an IRS Amendment).
You can file your PIT-X online or mail your paper return and any attachments. You can file amended returns through Taxpayer Access Point (TAP) at https://tap.state.nm.us. The site lets you file the four most recent tax year returns. Log in and choose the correct tax year to amend.
You can file Form 1040-X, Amended U.S. Individual Income Tax Return electronically with tax filing software to amend tax year 2019 or later Forms 1040 and 1040-SR, and tax year 2021 or later Forms 1040-NR. See Form 1040-X, Amended U.S. Individual Income Tax Return, Frequently Asked Questions for more information.
Because Form RPD-41071, and the required attachments cannot be submitted electronically, you must promptly submit those paper forms and attachments separately. Mail Form RPD-41071 and other required attachments to New Mexico Taxation and Revenue Department, P.O. Box 630, Santa Fe, New Mexico 87504-0630.

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