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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. [13] 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. 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

4. 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 ...

5. What are the tax brackets for tax years 2024 and 2025? What ...

   www.aol.com/tax-brackets-tax-years-2024...

   The AMT exemption amount for tax year 2024 increased to $85,700 and starts to phase out at $609,350, up $4,400 and $31,200 compared with tax year 2023, respectively.

6. When Is Tax Season? Start Date and How To File Early - AOL

   www.aol.com/2023-2024-tax-season-dates-194619825...

   The tax season for tax year 2023 has officially started and you were able to file as early as Jan. 29, 2024. Here are some other important dates: Jan. 1, 2024: The unofficial start of tax season.

7. How much is the child tax credit for 2024? What to know ... - AOL

   www.aol.com/much-child-tax-credit-2024-100555739...

   Here's what you need to know about qualifying for your 2024 taxes. Tax credit per child for 2024. The maximum tax credit per qualifying child is $2,000 for children under 17. For the refundable ...

8. Economy of New Mexico - Wikipedia

   en.wikipedia.org/wiki/Economy_of_New_Mexico

   Beginning in 2008, personal income tax rates for New Mexico range from 1.7% to 4.9%, within four income brackets. [42] Beginning in 2007, active-duty military salaries are exempt from the state income tax. [43] New Mexico imposes a gross receipts tax on businesses.

9. Your guide to the 2024 New Mexico Legislative budget session

   www.aol.com/guide-2024-mexico-legislative-budget...

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