View Changes And Revision History Of Legal New Mexico Agency Forms For Free

In the state of New Mexico it is formally referred to as a Combined Reporting System (CRS) Identification Number. This number will furnish a business with a unique New Mexico sales tax number, otherwise referred to as a NM Tax ID number.

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.

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.

Compensating tax is an excise tax imposed on persons using property or services in New Mexico, also called ?use tax? or ?buyer pays.? Compensating tax is reported on the Combined Reporting System, CRS-1 form.

To check the status of your refund for the current taxable year visit the Taxation and Revenue Department's online service the Taxpayer Access Point (TAP). Once you are on the TAP website go to the ?Personal Income? tile and select the ?Where's My Refund?? link.