New Mexico State Tax Guide

Everything you need to know about taxes in the Land of Enchantment.

New Mexico has a progressive income tax structure, meaning that the more money you make, the higher your tax rate will be.

According to the Tax Foundation, New Mexico’s top individual income tax rate is 4.9%. The state and local individual income tax collections per capita is $640 (ranked 37th in the US). The state and local tax burden is 8.7% (ranked 37th in the US).

New Mexico Tax Forms

Important forms and publications for New Mexico can be found at

New Mexico Income Tax Calculator

If you’d like to estimate your individual income tax for the state of New Mexico, check out this New Mexico income tax calculator

Contact Information for the New Mexico State Tax Office

Have tax questions? To contact the New Mexico Taxation & Revenue Department, visit

Tax Help for New Mexico Residents

If you’re a New Mexico resident looking to minimize your state tax liability, or if you’re considering moving into or out of New Mexico and have questions about establishing residency and/or tax nexus, we have the expertise to assist you. Contact our office for more information today.