The New Mexico credit varies by income level, with the largest credits available to low-income families. And it is refundable.

Starting this year, New Mexico families will be able to claim a new child tax credit that can be worth up to $600 per qualifying child. The credit gradually ...

4 апр. 2024 г. · The deadline is April 15 for paper tax returns and April 30 for those who file and pay electronically. If you're looking for resources, click ...

12 сент. 2024 г. · In 2024, qualifying families will be eligible for an additional $3,200 per child under 6 and $2,400 per child ages 6 through 16, in addition to ...

30 окт. 2024 г. · The credit is worth up to $2,000 per child in 2024, for tax returns filed in 2025, and the same amount in 2025, for tax returns filed in 2026.

An act relating to taxation; increasing the child income tax credit for qualifying children under the age of six.

1 авг. 2024 г. · New Mexico Becomes Fourth New State to Offer Free Tax Filing Option Next Year Made Possible by President Biden's Inflation Reduction Act.

29 янв. 2024 г. · Starting this year, New Mexico families will be able to claim a new child tax credit that ranges from $25 to $600 per qualifying child.

The recently passed House Bill 163 creates a new refundable tax credit worth $175 per child and eliminates the income tax on Social Security.