Tax Policy Office  

The Tax Policy Office consists of two areas: Tax Analysis, Research and Statistics, and Tax Information and Policy. The Office develops and analyzes tax proposals for the Department, the Governor and State Legislators. The Department presents analyses and proposals to various interim and regular legislative committees. We help such groups and individuals as the Governor, individual legislators, legislative committees, municipal, county and Tribal governments, industries, and public interest groups to understand the New Mexico tax system and any proposed changes to it.


Tax Analysis, Research and Statistics Office

The economists in the Tax Analysis, Research and Statistics Office are members of the consensus revenue estimating team. This team forecasts State revenues. The revenue forecast is a critical element of the process of proposing and enacting the State Budget each year. The Office also provides fiscal and policy analyses and statistics about the tax system to lawmakers and the public. It develops data sets, models, methods, and research to support sound tax policy and forecasting. The Office also prepares a Fiscal Impact Report (FIR) on each bill that affects revenues and is considered during a legislative session.


Tax Information and Policy Office

The Tax Information and Policy Office develops information on state taxes and answers your questions. The office maintains 132 publications on tax-reporting rules, processes, and incentives such as the installation of solar panels for tax credit and other energy-saving actions that benefit the environment and individuals. During Legislative sessions the Office reviews all introduced bills, assigns those dealing with taxation for further review throughout the Department and disseminates Fiscal Impact Reports. After Legislative sessions, the Office assists the implementation of new legislation. The Office also manages the tax regulations and rulings process within the Department. Finally, it works closely with municipal, county and Tribal governments to implement new tax rates and agreements they enter into with the Department.

  • Message from the Secretary
    Thank you again for making the 2012 tax-filing season a success. Largely because of your efforts, we were able to process nearly $260 million in personal income tax refunds in a timely and efficient fashion with very few errors. Read More     ​

E-File for accurate returns and faster refunds.
Federal automatic extensions also extend New Mexico income tax returns.
E-File and E-Pay and extend your income tax due date.
Get your refund faster when you E-File.
Low-income residents may qualify for income tax credits.
You may qualify for the Working Family Income Tax Credit.
You may qualify for the Earned Income Tax credits.
Estimated tax payments may be required if you withhold too little.
Manage your account online using Taxpayer Access Point.
Business closed? Update your CRS account online.
Gross receipts tax rates are subject to change in January and July.
NTTCs may be required to support tax-deductible sales.
Changing your address? Update your tax records online.
View payments and returns using Taxpayer Access Point.
Keep up with recent tax changes. See the instructions.
Keep accurate tax records for up to 10 years.
Double-check your figures. Errors will delay your return.
Get your money faster using refund express direct deposit.
Pay online by electronic check or credit card.
Avoid delays, submit a complete return.
Tax Fraud in New Mexico, call 1-800-457-6789.
Check the status of your refund, visit Taxpayer Access Point.
Pay your property taxes to your county treasurer.
Delinquent property taxes? See your local county treasurer’s office.
Find out who is managing your county government.
Property tax auctions are often held at the county treasurer’s office.
April property tax valuation determines your November tax bill.
Property taxes pay for schools, police, and hospitals.
Property was sold at auction? We may have your money.
Stop penalty and interest by paying your principal tax quickly.
Make sure you use correct tax ID numbers.
Refund express? Double-check your bank account and routing numbers.
Include your phone number and e-mail address when filing.
Secure your tax records from identity theft.
Generally, both spouses are responsible for liability on a joint return.
Sign and date your return.
Avoid preparers who base their fee on a percentage of the refund.
Tax fraud is the responsibility of the taxpayer
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