NEW MEXICO REQUIRES
- Form 1099 ( 1099-MISC, 1099-NEC )
- Form W2 - Wage and Tax Statements
Deadline to File New Mexico Filing Taxes:
- February 1, 2021 for New Mexico State Taxes withheld.
- February 1, 2021 for Without Tax Withheld.
What are the New Mexico 1099-MISC state filing requirements? Find your scenario below.
Scenario 1: No oil/gas royalties were paid, no New Mexico state taxes were withheld.
Recommended filing method: No filing required.
Scenario 2: There were oil/gas royalties paid, and there were New Mexico state taxes withheld.
Recommended filing method: Direct-to-state eFile.
Deadline: February 1, 2021
Tax1099 fulfills: Yes
Cost: + $0.50/form
When submitting your federal eFile through Tax1099, approve us to eFile your forms to the state, as well. We’ll automatically alert you to this filing requirement based on the information you enter into your forms.
Scenario 3: No New Mexico state taxes withheld, payments exceed federal thresholds.
Recommended filing method: Combined Federal State Filing Program (CFSFP).
With the CFSFP, the federal eFile you submit through Tax1099 will be forwarded to the state. No additional action is required from you. Our platform will automatically flag your forms based on the state’s participation in the program.
Deadline: February 1, 2021
Tax1099 fulfills: Yes
Cost: Included in your federal eFile with Tax1099
New Mexico requirements for 1099-NEC
No guidance provided yet. Waiting on further instructions.
New Mexico W2 State Filing Requirements
Recommended filing method: Direct-to-state eFile.
Deadline: February 1, 2021
Tax1099 fulfills: Yes
Cost: + $0.50 per form
Additional state requirements: You may be required to file New Mexico state reconciliation form RPD-41072, upon the state’s request. Customer has to file through paper Copies.
New Mexico state filing agency: New Mexico Taxation and Revenue Department http://www.tax.newmexico.gov/