NEW MEXICO REQUIRES
- Form 1099 (1099-MISC, 1099-NEC, 1099-R)
- Form W2 - Wage and Tax Statements
Deadline to File New Mexico Filing Taxes:
- January 31, 2022 for New Mexico State Taxes withheld.
- January 31, 2022 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: January 31, 2022
Tax1099 fulfills: Yes
Cost: + $0.50/form
When submitting your federal eFile through Tax1099, select to have us 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, any federal e-File you submit through Tax1099, our platform will automatically flag your forms based on the state's participation in the program. In this case, we e-File your forms with CFSF status and the IRS will forward your forms to the state, via the CFSFP. No additional action is required from you.
Deadline: January 31, 2022
Tax1099 fulfills: Yes
Cost: Included in your federal eFile with Tax1099
New Mexico requirements for 1099-NEC
New Mexico requires 1099-NEC filing, if New Mexico state tax is withheld.
Recommended filing method: Electronic
Deadline: January 31, 2022
Tax1099 fulfills: Yes
Cost: + $0.50 per form
New Mexico requirements for 1099-K
New Mexico requires 1099-K filing.
Recommended filing method: CFSF.
With the CFSFP, any federal e-File you submit through Tax1099, our platform will automatically flag your forms based on the state's participation in the program. In this case, we e-File your forms with CFSF status and the IRS will forward your forms to the state, via the CFSFP. No additional action is required from you.
Deadline: March 31, 2022
Tax1099 fulfills: Yes
Cost: Included in IRS eFile charges
New Mexico requirements for 1099-B
New Mexico requires 1099-B filing.
Recommended filing method: CFSF.
With the CFSFP, any federal e-File you submit through Tax1099, our platform will automatically flag your forms based on the state's participation in the program. In this case, we e-File your forms with CFSF status and the IRS will forward your forms to the state, via the CFSFP. No additional action is required from you.
Deadline: March 31, 2022
Tax1099 fulfills: Yes
Cost: Included in IRS eFile charges
New Mexico requirements for 1099-R
New Mexico requires 1099-R filing, if New Mexico state tax is withheld.
Recommended filing method: Electronic
Deadline: January 31, 2022
Tax1099 fulfills: Yes
Cost: + $0.50 per form
New Mexico W2 State Filing Requirements
Recommended filing method: Direct-to-state eFile.
Deadline: February 1, 2022
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/