Where is my state of NM refund?
You can see the status of your refund online. Go to the Department website at www.tax.newmexico.gov. Near the center of the page, click Where is my refund? Then enter your ID (social security number) and refund amount to see the status.
Why is my NM State tax refund taking so long?
A number of things could cause a refund delay, including the following: If the department needs to verify information reported on your return or request additional information, the process will take longer. Math errors in your return or other adjustments. You used more than one form type to complete your return.
Are New Mexico state taxes delayed?
The New Mexico Taxation and Revenue Department today announced it will extend the deadline for filing and paying 2020 New Mexico Personal Income Taxes until May 17, 2021 in accordance with the federal extension announced this week.
How do I file my NM state taxes online?
Taxpayer Access Point (TAP) Electronic services are safe, secure, fast, and free. You can file your return, pay your tax liability, or check the status of your previously filed returns. It is easy to sign up for an account just visit https://tap.state.nm.us and click on Create a Logon.
How long does it take for NM State Tax Refund?
Electronically filed returns claiming a refund are processed within 6 to 8 weeks. For paper returns or applications for a tax refund, please wait up to 12 weeks before calling the Department. Paper returns or applications for tax refunds are processed within 8 to 12 weeks.
What is NM State tax?
The New Mexico (NM) state sales tax rate is currently 5.125%. Depending on local municipalities, the total tax rate can be as high as 9.0625%. New Mexico has a gross receipts tax that is imposed on persons engaged in business in New Mexico.
How long does it take for NM State tax refund?
Does New Mexico have a state tax?
New Mexico collects a state income tax across 4 brackets ranging from 1.7% to a top rate of 4.9%.
How do I file NM state taxes?
You may choose to file electronically through your tax preparer or by using approved software on a personal computer. Individuals who both file and pay their income tax electronically using our website, a personal computer or a tax professional have an extended filing deadline of April 30.
Who has to file NM state taxes?
New Mexico’s law says every person who has income from New Mexico sources and who is required to file a federal income tax return must file a personal income tax return in New Mexico. You must also file a New Mexico return if you want to claim: a refund of New Mexico state income tax withheld from your pay, or.
What is the personal income tax in New Mexico?
Personal income tax rates for New Mexico range from 1.7% to 4.9%, within four income brackets. The individual income tax rates are listed in the table below. 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.
How do you check your state tax refund status?
In most cases, you can check your state tax refund status through the Department of Revenue website for your state. If you still haven’t received your state refund and you want to know if it has been processed or when you can expect it, use the appropriate link below for your state refund information.
When to call IRS about refund?
The IRS issues most refunds in less than 21 days, although some require additional time. You should only call if it has been: 21 days or more since you e-filed. 6 weeks or more since you mailed your return, or when. “Where’s My Refund” tells you to contact the IRS.
What is the state tax form for New Mexico?
New Mexico Personal Income Tax New Mexico form PIT-1 is designed for state individuals to report their annual income. Form PIT-110 must be used by taxpayers who want to report adjustments to their New Mexico taxable income. Form PIT-EXT is a payment voucher which can be used by taxpayers who did not pay their taxes when they submitted a return.