1. Individuals
  2. Personal Income Tax Information Overview

Personal Income Tax Information Overview

New Mexico imposes a tax on the net income of every resident and on the net income of every nonresident employed or engaged in business in, into or from this state or deriving any income from any property or employment within this state. The personal income tax is filed using Form PIT-1.

If you are a New Mexico resident, you must file if you meet any of the following conditions:

  • You file a federal return;
  • You want to claim a refund of any New Mexico state income tax withheld from your pay, or
  • You want to claim any New Mexico rebates or credits.

A member of the military who was a resident of New Mexico at the time of enlistment and has not changed the state of residency must file a New Mexico income tax return.

The income of members of an Indian nation, tribe or pueblo who work or live on lands outside the Indian nation tribe or pueblo of which they are members are subject to New Mexico income tax.

If you are a Nonresidents, including foreign nationals and persons who reside in states that do not have income taxes, must file here when they have a federal filing requirement and have income from any New Mexico source whatsoever.

The Department offers taxpayers the ability to file their tax return online and check the status of their refunds through the Taxpayer Access Point (TAP). Online filing provides a faster turnaround time than filing a paper return. In the TAP system you are able to manage your account, submit documents to the Department electronically, make estimated, return, and assessment payments, and set up a self-serve payment plan.

More information about payment plans is available here.

Personal income tax in New Mexico starts with the Federally Adjusted Gross Income (FAGI) from your federal return. You are then able to use the Form PIT-1 to make any adjustment necessary in claiming exemptions or deductions allowed by New Mexico law. The Form PIT-1 also has many credits and rebates as specified in the instructions below. The personal income tax rates vary depending upon your filing status, income, and taxable year. Current and Historic personal income tax rates can be located here. The Income Tax Act can be located here titled “Personal Income Tax”.

Please, see the folders below for the personal income tax related forms: