New Mexico sales tax range for 2024 5.125%–9.0625% Base state sales tax rate 5.125% Local rate range* 0%–3.9375% Total rate range 5.125%–9.0625% *Rates are rounded to the nearest hundredth. Due to varying local sales tax rates, we strongly recommend our lookup and calculator tools on ...
"Goods" refers to the sale of tangible personal property, which are generally taxable. "Services" refers to the sale of labor or a non-tangible benefit. In New Mexico, services are taxable unless specifically exempted. About the New Mexico Sales Tax ...
New Mexico Gross Receipts Tax Rate Drops to 4.875% on July 1, 2023 Effective July 1, 2023, New Mexico’s state-level gross receipts tax rate is reduced from 5% to 4.875%, enacted by Gov. Michelle Lujan Grisham. News & Tips New Mexico Court Rules Staffing Agencies are Obligated to Pay ...
Efforts byNew Mexicoto save and invest portions of a financial windfall from localoil productionare paying off asstategovernment income on investments surpasses personal income tax collections for the first time, according to a new forecast Monday. General fund income from the state’s two, multibil...
As of 2023, New Mexico doesn’t offer solar rebates or sales tax exemptions. However, the tax incentives alone can save you hundreds of dollars. Solar Market Development Tax Credit (SMDTC) Incentive Value: 10% of solar system costs up to $6,000 Frequency: Single-use The New Mexico solar...
Exempt from State Tax Hint: Additional State Withholding Hint: Filing Status SingleMarriedMarried but use single rateHead of Household Hint: Other Income Hint: Deductions Hint: Most Recent Withholding Amount Hint: New Mexico Workers' Compensation ...
Once the election is made for the 2022 tax year, New Mexico pass-through entity owners may exclude the New Mexico-sourced portion of their distributive share of income from the pass-through entity on their New Mexico return. See below for how this treatment changed starting January 1, 2023....
You can see the status of your refund online. Go to the Department website atwww.tax.newmexico.gov. Near the center of the page, clickWhere is my refund?Then enter your ID (social security number) and refund amount to see the status. ...
国家: U.S. - 美国 州: NM - 新墨西哥州 县FIPS: 35049 区县: CountyFIPS: 35049 - Santa Fe 邮政编码: 87509 Agency Name: New Mexico Tax Rev Dept (New Mexico Tax Revenue Department) 城市类型?In many cases, a ZIP Code can have multiple "names", meaning cities, towns, or subdivisions, ...
Focuses on the concerns by officials of municipalities in New Mexico on the potential consequences of tax reform bills introduced in the Legislature. Features of the legislation; Impact of reducing the base of goods on which citie...