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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. Breaking down New Mexico's taxes on corporations - AOL

   www.aol.com/breaking-down-mexicos-taxes...

   Graduated marginal personal income tax ranges from 1.5% to 5.9%, according to the tax department, and the state's 5.9% cap is moderate compared to other states' personal income tax rates.

4. 5 Ways To Pay Less in Taxes With the New 2025 Tax ... - AOL

   www.aol.com/finance/5-ways-pay-less-taxes...

   The IRS makes changes to federal tax brackets and the standard deduction to account for inflation each year, which could affect how much you pay in taxes. And it recently released new tax brackets ...

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. State tax levels in the United States - Wikipedia

   en.wikipedia.org/wiki/State_tax_levels_in_the...

   Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly.

7. How all 50 states tax retirement income: A comprehensive list ...

   www.aol.com/finance/states-that-tax-retirement...

   New Mexico. New Mexico taxes retirement income using state income tax rates, which range from 1.7% to 5.9% in 2024. Residents ages 65 and older can claim an $8,000 exemption to offset their tax ...