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  2. Taxation in New Mexico - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_New_Mexico

    Corporations that generate income from activities or sources in New Mexico and that are required to file federal income tax returns as corporations must pay corporate income tax to the state. [14] Corporate income is taxed at the rate of 4.8% for the first $500,000, 6.4% for the next $500,000 (up to total income of $1 million), and 7.6% for ...

  3. Tax relief on medical costs and inheritance ends in 2025 ...

    www.aol.com/tax-relief-medical-costs-inheritance...

    Lawmakers amended the Income Tax Act in 2019 to allow non-residents to claim a deduction on the benefits they receive from an estate or trust in New Mexico. But again, the law only allows claims ...

  4. Welcome to tax season. What to know before you file - AOL

    www.aol.com/welcome-tax-season-know-file...

    Getting all your tax documents in order before you start filling out your 2024 income tax return can make the process a lot easier, as can some new free tax filing options if you're eligible.

  5. New Mexico Taxation and Revenue Department - Wikipedia

    en.wikipedia.org/wiki/New_Mexico_Taxation_and...

    New Mexico Taxation and Revenue Department; Department overview; Type: Taxation & Revenue Services: Jurisdiction: State of New Mexico: Headquarters: 1100 South St. Francis Drive Santa Fe, New Mexico 87504-1028: Employees: 803: Annual budget: US$ 90,078,526.00 [1] Department executive

  6. Tax season 2024: When to file 2023 taxes, tax filing deadline ...

    www.aol.com/tax-season-2024-file-2023-120317107.html

    The IRS inflation-adjusted tax brackets for tax year 2024 are: 37% for individual single taxpayers with incomes greater than $609,350 or $731,200 for married couples filing jointly

  7. U.S. State Non-resident Withholding Tax - Wikipedia

    en.wikipedia.org/wiki/U.S._State_Non-resident...

    In order to ensure that the state receives a portion of the revenue from oil and gas leases within the state, any payments made to an address outside of the state require that a tax be withheld and paid directly to the state. States that have enacted such laws include, but are not limited to: Georgia; Maryland; Oklahoma; New Mexico; Utah ...

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