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Regular military salaries of New Mexico residents serving in the U.S. military are subject to the income tax, but since 2007, active-duty military salaries have been exempt from the state income tax. [7] [8] Personal income tax rates for New Mexico range from 1.7% to 4.9%, within four income brackets. [9]
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
Feb. 5—For the first time, New Mexico taxpayers this year can claim a child tax credit of up to $600 per child, the New Mexico Taxation and Revenue Department announced recently. Personal income ...
The New Mexico Motor Vehicle Division (MVD) is a state-level government agency based in Santa Fe, New Mexico. The MVD operates 32 field offices across the state, along with 39 contracted offices through local municipalities. [2] The agency is responsible for issuing driver licenses and vehicle registration.
Feb. 17—SANTA FE — New Mexico's short-term revenue outlook is brighter than it's been since the COVID-19 pandemic hit nearly one year ago, as higher-than-expected oil prices and production ...
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The government of New Mexico is the governmental structure of the state ... Department of Taxation and Revenue; ... containing the state's largest city Albuquerque ...
Aug. 21—SANTA FE — New Mexico's unprecedented, oil-powered revenue growth is slowing, but state lawmakers will still have a mountain of money available to spend in the coming year. New state ...
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