Enter household income you received, such as wages, unemployment, interest and dividends. Choose the filing status you use when you file your tax return Input the total of your itemized deductions ...

A new report shows mixed results when it comes to the state of child poverty in New Mexico. The study from the child advocacy ...

Does New Mexico have the worst rate of child poverty in the nation? It might depend on how you measure it. According to three-year averages on one measure from U.S. Census Bureau data released in ...

IRA limits for 2023 have been escalated to $6,500, or your taxable income, for individuals under 50. Enter how many dependents you will claim on your 2022 tax return This calculator estimates the ...

New Mexico has an income tax with a top rate of 5.9%, but the state waives your income taxes if you reach 100 years of age. Property taxes in New Mexico are relatively low, and the state's gas tax ...

Taxpayers who file a 2021 New Mexico personal income tax return by May 31, 2024, will receive payments automatically. New Mexicans who chose to receive their 2021 state tax refund via direct ...

Thomas Clifford, Ph.D., is former Cabinet secretary of the Department of Finance and Administration under Gov. Susana Martinez. Richard Anklam is president of the New Mexico Tax Research Institute.