New Mexico Revocation of Prior Election Form

• Category: New Mexico Workers Compensation - Official
• State: New Mexico
• Control #: NM-SKU-1512
• Format: PDF

Description

Revocation of Prior Election Form The New Mexico Revocation of Prior Election Form is a document that allows a taxpayer to revoke a prior New Mexico election. This form is used to cancel an existing election made on a prior year, for instance, if the taxpayer wants to change from a C corporation to an S corporation. The form can also be used to cancel an election for a partnership, LLC, or other business entity. There are two types of New Mexico Revocation of Prior Election Form: Form RPD-41417 for revoking an election for a C corporation, and Form RPD-41418 for revoking an election for an S corporation. Both forms require the taxpayer to provide information on the name of the business, the tax year for which the election was made, and the type of election being revoked. The forms also require the taxpayer to sign and date the form, as well as provide the signature of the New Mexico Taxation and Revenue Department.

The New Mexico Revocation of Prior Election Form is a document that allows a taxpayer to revoke a prior New Mexico election. This form is used to cancel an existing election made on a prior year, for instance, if the taxpayer wants to change from a C corporation to an S corporation. The form can also be used to cancel an election for a partnership, LLC, or other business entity. There are two types of New Mexico Revocation of Prior Election Form: Form RPD-41417 for revoking an election for a C corporation, and Form RPD-41418 for revoking an election for an S corporation. Both forms require the taxpayer to provide information on the name of the business, the tax year for which the election was made, and the type of election being revoked. The forms also require the taxpayer to sign and date the form, as well as provide the signature of the New Mexico Taxation and Revenue Department.