1. All NM Taxes
  2. Frequently Asked Questions
  3. What if I’m filing late?

What if I’m filing late?

For most late filers, the system automatically calculates the penalty and interest from the original due date of the return to the date of filing. For taxpayers filing late via automated clearinghouse deposit or federal wire transfer, New Mexico Webfile calculates interest according to the payment date you enter on the data entry screen. If that date differs from the actual date of the electronic funds transfer, you will be billed or credited accordingly.