Insert Pages To Legal New Mexico Sale Of Business Forms For Free

EFFECTIVE July 1, 2023 The state portion of the gross receipts tax rate has been lowered from 5.000% to 4.875%, due to HB-163 from the 2022 legislative session. This change impacts all location codes across the state. Make sure to review the Gross Receipts and Compensating Tax Rate Schedule included in this packet.

Effective July 1, 2021 the CRS number will be referred to as the New Mexico Business Tax Identification Number (NMBTIN). Many of the documents have been updated to reflect this change. Note: This is the same 11-digit tax identification number.

Is there any place I can go to get tax forms? A) Yes, you may visit a local IRS office or a post office or library that carries tax forms. You may also use computers that are often available for use in libraries to access IRS.gov to download needed forms.

If you are requesting a refund of tax previously paid, you must also submit Form RPD-41071, Application for Refund, with all required attachments to the Department.

Personal Income Tax and Corporate Income Tax forms for the 2021 tax year are now available online. Taxpayers, tax professionals and others can access the new forms and instructions at tax.newmexico.gov by opening the Forms & Publications page and then the Income Taxes folder.

The state Taxation and Revenue Department will send $500 rebate checks to single filers and $1000 rebate checks to couples filing jointly. Who qualifies for a rebate? All New Mexico residents who filed a 2021 state income tax return and who were not declared as a dependent will receive the rebates automatically.