1. All NM Taxes
  2. Frequently Asked Questions
  3. Does the requirement apply to all New Mexico personal income tax returns prepared by practitioners?

Does the requirement apply to all New Mexico personal income tax returns prepared by practitioners?

In any calendar year, tax practitioners who prepare more than twenty-five (25) New Mexico personal income tax returns for the prior year must file those returns on Department-approved electronic media. Failure to do so incurs a penalty of $5 for each return filed in violation of the mandate.