What is New Mexico's personal income tax rate? New Mexico uses a graduated-rate table. You can locate the current and historic personal income tax rates here.

The New Mexico (NM) state sales tax rate is currently 5.125%. Depending on local municipalities, the total tax rate can be as high as 9.0625%. New Mexico sales tax guide · Albuquerque · Santa Fe · Las Cruces

1 янв. 2024 г. · Taxes in New Mexico · Income tax: 1.7% - 5.9% · Sales tax: 4.875% - 8.9375% · Property tax: 0.80% average effective rate · Gas tax: 17.00 cents per ...

Personal income tax rates for New Mexico range from 1.7% to 4.9%, within four income brackets. The individual income tax rates are listed in the table below.

All NM Taxes · Overview · Corporate Income Tax Rates · Gross Receipts Tax Rates · Personal Income Tax Rates · Withholding Tax Rates · Current & Historic ...

The Gross Receipts tax rate now is calculated based on where the goods or products of services are delivered. The New Mexico gross receipts tax rate is 5.125%.

New Mexico has a graduated state individual income tax, with rates ranging from 1.70 percent to 5.90 percent.

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.

This is the total of state, county, and city sales tax rates. The New Mexico sales tax rate is currently 4.88%. The Albuquerque sales tax rate is 2.75%.