{"id":580,"date":"2020-10-20T10:03:56","date_gmt":"2020-10-20T16:03:56","guid":{"rendered":"https:\/\/www.tax.newmexico.gov\/businesses\/?page_id=580"},"modified":"2025-05-21T14:23:46","modified_gmt":"2025-05-21T20:23:46","slug":"filing-requirements","status":"publish","type":"page","link":"https:\/\/www.tax.newmexico.gov\/businesses\/corporate-income-franchise-tax-overview\/filing-requirements\/","title":{"rendered":"Filing Requirements"},"content":{"rendered":"

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Corporate Income and Franchise Tax Return Filing<\/h2>\n

If you are a business, you must annually file Form\u00a0<\/span>CIT-1, New Mexico Corporate Income and Franchise Tax Return. The return is due on the 15th<\/sup>\u00a0<\/span>day of the fourth\u00a0month following the close of the tax year.<\/p>\n

Fiscal year and short year returns must be filed using the form for the tax year in which the fiscal or short year begins. For example, use a 2010 return for fiscal years or short years beginning in 2010, even if the fiscal year or short year ends in 2011.<\/p>\n

If your business does not file a federal Corporate Income Tax Return, New Mexico may require you to file one of the following forms instead:<\/p>\n