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Albuquerque New Mexico online Form W-4 2023 Printable: What You Should Know

New Mexico tax returns for individuals have been completed on the new PIT-1 Personal Income Tax form. For more information on the Personal Income Tax form, see our page on: . New Mexico Income Tax State income tax rates are in effect from January 1, 2014. The New Mexico personal income tax rate is 4.75% on the last dollar of taxable income and is assessed for a calendar year beginning January 1st. Tax rates are assessed annually on the date on which the person files his income tax return. New Mexico is the only state that requires a state tax return with a calendar year beginning on January 1. The filing deadline for the 2023 tax year is April 15, 2014. For information on state tax rates for individuals and corporations, see the New Mexico Income Tax website: . New Mexico Unemployment Insurance (UI) U.S. Department of Labor provides Unemployment Insurance. For more information see: : New Mexico Personal Property Tax Personal property tax is assessed on property, such as furniture, appliances, and electronic equipment, located in any county or city, not a municipality. The property tax rate is 5.5% of value, calculated on the assessed market value of the property in the state, or in the county where the property is located, whichever is greater. The property tax rates are based on the assessed property value. Tax rates vary by county and municipality. Localities also collect, and add to, the tax on the property, depending on the municipality. For additional information visit the New Mexico Department of Taxation website:  Tax Forms & Questions Contact your City or County Tax office (or contact Cobweb) to determine the property tax rates for your area. New Mexico State Government — Property Tax Rates & Payment Options New Mexico Property Tax Calculator Tax payment options and information are available from many local government offices. New Mexico Real Estate Division Homeowners can contact their County Tax office if they are uncertain about their property taxes and would like to find out the rates and due dates for their property. New Mexico Tax Forms and Information Contact your County Clerk's office if you are unsure about filing a tax return.

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