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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. Individual shared responsibility provision - Wikipedia

    en.wikipedia.org/wiki/Individual_shared...

    The worksheets located in the instructions [15] to Form 8965, Health Coverage Exemptions, could be used to figure the shared responsibility payment amount that was due while still in effect. The annual payment amount was a percentage of the household income in excess of the return filing threshold or a flat dollar amount, whichever was greater.

  5. How To Fill Out a W-4 Form for 2025 - AOL

    www.aol.com/fill-w-4-form-2024-154830589.html

    Fortunately, the current W-4 form asks clear questions and provides basic worksheets that can help you accurately calculate what you should withhold to avoid either a large refund or a surprise ...

  6. Tax Day 2024: What to know before you file those tax returns

    www.aol.com/tax-day-2024-know-file-093626800.html

    The average tax refund issued by the IRS as of March 1 is $3,182, a 5.1% increase compared to the similar filling period in 2023. The trend may not hold as refund amounts dropped 13% between March ...

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

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

    For premium support please call: 800-290-4726 more ways to reach us

  8. 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 ...

  9. 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 ...

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