No, New Mexico honors your federal automatic extension of time to file. You do not need to request a separate state extension if you already have a federal automatic extension. If you need more time than that granted at the federal level, you must file a New Mexico...
For fiduciaries that file on a calendar-year basis, the New Mexico FID-1, New Mexico Fiduciary Income Tax Return is due on or before April 15 with the payment of taxes due.
No. Please enclose your check or money order with Form FID-PV, with your return.
Generally, grantor trusts are not required to file Form FID-1, New MexicoFiduciary Income Tax Return . However, if a grantor trust has become irrevocable upon the grantor's death, the grantor trust must file a FID-1. If the grantor trust, including a living trust,...
Fraud is a deception deliberately practiced for unfair or unlawful gain. As it relates to taxes, it is simply “cheating” by intentionally paying less tax than is legally due. The main difference between an honest mistake and tax fraud is the element of criminal...
Since dishonest people are not paying their fair share, there is no “level playing field” for businesses or consumers. This can sometimes lead to higher prices, possible tax increases, and inadequately funded school systems, government infrastructure and other...
The New Mexico Taxation and Revenue Department (TRD) administers several tax programs, all of which may be affected. These include: Personal Income Tax Gross Receipts Tax, also known as CRS (Combined Reporting System) Corporate Income Tax Oil and Gas Tax Cigarette...
The taxpaying public, private industry and other government agencies including federal, state and local law enforcement are some of the eyes and ears that report suspected tax fraud to the Tax Fraud Investigations Division (TFID).
Yes, you may remain anonymous; you do not have to provide your name, phone number or any identifying information.
There are three ways to report tax fraud: Call the 24-Hour New Mexico Tax Fraud Hot Line: 1-866-457-6789.Send an e-mail to tax.fraud@tax.nm.govDownload the Fraud Information Report Form mail or fax it to:New Mexico Taxation and Revenue DepartmentTax Fraud...