Article
Income Tax General Provisions
- § 7-2-1 NMSA 1978— Short title
- § 7-2-2 NMSA 1978— Definitions
- § 7-2-3 NMSA 1978— Imposition and levy of tax
- § 7-2-4 NMSA 1978— Exemptions
- § 7-2-5 NMSA 1978— Repealed
- § 7-2-5.1 NMSA 1978— Repealed
- § 7-2-5.2 NMSA 1978— Exemption; income of persons sixty-five and older or blind
- § 7-2-5.3 NMSA 1978— Repealed
- § 7-2-5.4 NMSA 1978— Repealed
- § 7-2-5.5 NMSA 1978— Exemption; earnings by Indians, their Indian spouses and Indian dependents on Indian lands
- § 7-2-5.6 NMSA 1978— Exemption; medical care savings accounts
- § 7-2-5.7 NMSA 1978— Exemption; income of individuals one hundred years of age or older
- § 7-2-5.8 NMSA 1978— Exemption for low- and middle-income taxpayers
- § 7-2-5.9 NMSA 1978— Exemption; unreimbursed or uncompensated medical care expenses of individuals sixty-five years of age or older
- § 7-2-5.10 NMSA 1978— Exemption; New Mexico national guard member premiums paid for group life insurance
- § 7-2-5.11 NMSA 1978— Exemption; armed forces salaries
- § 7-2-5.12 NMSA 1978— Repealed
- § 7-2-5.13 NMSA 1978— Exemption; armed forces retirement pay
- § 7-2-5.14 NMSA 1978— Exemption; social security income
- § 7-2-6 NMSA 1978— Repealed
- § 7-2-7 NMSA 1978— Individual income tax rates
- § 7-2-7.1 NMSA 1978— Tax tables
- § 7-2-7.2 NMSA 1978— Repealed
- § 7-2-7.3 NMSA 1978— Repealed
- § 7-2-7.4 NMSA 1978— 2020 income tax rebate
- § 7-2-7.5 NMSA 1978— 7 -2-7.5. Supplemental 2021 income tax rebates
- § 7-2-7.6 NMSA 1978— 2021 income tax rebate
- § 7-2-7.7 NMSA 1978— Additional 2021 income tax rebates
- § 7-2-8 NMSA 1978— Repealed
- § 7-2-9 NMSA 1978— Tax computation; alternative method
- § 7-2-10 NMSA 1978— Income taxes applied to individuals on federal areas
- § 7-2-11 NMSA 1978— Tax credit; income allocation and apportionment
- § 7-2-12 NMSA 1978— Taxpayer returns; payment of tax
- § 7-2-12.1 NMSA 1978— Limitation on claiming of credits and tax rebates
- § 7-2-12.2 NMSA 1978— Estimated tax due; payment of estimated tax; penalty
- § 7-2-13 NMSA 1978— Credit for taxes paid other states by resident individuals
- § 7-2-14 NMSA 1978— Low-income comprehensive tax rebate
- § 7-2-14.1 NMSA 1978— Repealed
- § 7-2-14.2 NMSA 1978— Repealed
- § 7-2-14.3 NMSA 1978— Tax rebate of part of property tax due from low-income taxpayer; local option; refund
- § 7-2-14.4 NMSA 1978— Authorization to fund property tax rebate for low-income taxpayers; tax imposition; election
- § 7-2-14.5 NMSA 1978— Imposition of tax; limitations
- § 7-2-15 NMSA 1978— Repealed
- § 7-2-16 NMSA 1978— Repealed
- § 7-2-16.1 NMSA 1978— Repealed
- § 7-2-17 NMSA 1978— Repealed
- § 7-2-17.1 NMSA 1978— Repealed
- § 7-2-18 NMSA 1978— Tax rebate of property tax due that exceeds the elderly taxpayer's maximum property tax liability; refund
- § 7-2-18.1 NMSA 1978— Credit for expenses for dependent child day care necessary to enable gainful employment to prevent indigency
- § 7-2-18.2 NMSA 1978— Credit for preservation of cultural property; refund
- § 7-2-18.3 NMSA 1978— Repealed
- § 7-2-18.4 NMSA 1978— Repealed
- § 7-2-18.5 NMSA 1978— Repealed
- § 7-2-18.6 NMSA 1978— Repealed
- § 7-2-18.7 NMSA 1978— Repealed
- § 7-2-18.8 NMSA 1978— Repealed
- § 7-2-18.9 NMSA 1978— Repealed
- § 7-2-18.10 NMSA 1978— Tax credit; certain conveyances of real property
- § 7-2-18.11 NMSA 1978— Repealed
- § 7-2-18.12 NMSA 1978— Repealed
- § 7-2-18.13 NMSA 1978— Credit; unreimbursed or uncompensated medical care expenses of individuals sixty-five years of age or older
- § 7-2-18.14 NMSA 1978— Repealed
- § 7-2-18.15 NMSA 1978— Working families tax credit
- § 7-2-18.16 NMSA 1978— Credit; special needs adopted child tax credit; created; qualifications; duration of credit
- § 7-2-18.17 NMSA 1978— Angel investment credit
- § 7-2-18.18 NMSA 1978— Renewable energy production tax credit
- § 7-2-18.19 NMSA 1978— Repealed
- § 7-2-18.20 NMSA 1978— Repealed
- § 7-2-18.21 NMSA 1978— Repealed
- § 7-2-18.22 NMSA 1978— Rural health care practitioner tax credit
- § 7-2-18.23 NMSA 1978— Repealed
- § 7-2-18.24 NMSA 1978— Geothermal ground-coupled heat pump income tax credit
- § 7-2-18.25 NMSA 1978— Repealed
- § 7-2-18.26 NMSA 1978— Agricultural biomass income tax credit
- § 7-2-18.27 NMSA 1978— Repealed
- § 7-2-18.28 NMSA 1978— Repealed
- § 7-2-18.29 NMSA 1978— 2015 sustainable building income tax credit
- § 7-2-18.30 NMSA 1978— Repealed
- § 7-2-18.31 NMSA 1978— New solar market development income tax credit
- § 7-2-18.32 NMSA 1978— 2021 sustainable building income tax credit
- § 7-2-18.33 NMSA 1978— Credit; nurses; 2022 taxable year
- § 7-2-18.34 NMSA 1978— Child income tax credit
- § 7-2-18.35 NMSA 1978— Home fire recovery income tax credit
- § 7-2-18.36 NMSA 1978— Clean car income tax credit. (Repealed effective January 1, 2031.)
- § 7-2-18.37 NMSA 1978— Clean car charging unit income tax credit. (Repealed effective January 1, 2031.)
- § 7-2-18.38 NMSA 1978— Geothermal electricity generation income tax credit
- § 7-2-18.39 NMSA 1978— Advanced energy equipment income tax credit. (Repealed effective January 1, 2034.)
- § 7-2-18.40 NMSA 1978— Local journalist employment income tax credit
- § 7-2-18.41 NMSA 1978— Local news printer income tax credit
- § 7-2-18.42 NMSA 1978— Physician tax credit
- § 7-2-19 NMSA 1978— Repealed
- § 7-2-20 NMSA 1978— Information returns
- § 7-2-21 NMSA 1978— Fiscal years permitted
- § 7-2-21.1 NMSA 1978— Accounting methods
- § 7-2-22 NMSA 1978— Administration
- § 7-2-23 NMSA 1978— Repealed
- § 7-2-24 NMSA 1978— Optional designation of tax refund contributions
- § 7-2-24.1 NMSA 1978— Repealed
- § 7-2-24.2 NMSA 1978— Repealed
- § 7-2-25 NMSA 1978— Repealed
- § 7-2-26 NMSA 1978— Repealed
- § 7-2-27 NMSA 1978— Repealed
- § 7-2-28 NMSA 1978— Repealed
- § 7-2-28.1 NMSA 1978— Veterans' state cemetery fund; created
- § 7-2-29 NMSA 1978— Repealed
- § 7-2-30 NMSA 1978— Repealed
- § 7-2-30.1 NMSA 1978— Repealed
- § 7-2-30.2 NMSA 1978— Repealed
- § 7-2-30.3 NMSA 1978— Repealed
- § 7-2-30.4 NMSA 1978— Repealed
- § 7-2-30.5 NMSA 1978— Repealed
- § 7-2-30.6 NMSA 1978— Repealed
- § 7-2-30.7 NMSA 1978— Repealed
- § 7-2-30.8 NMSA 1978— Repealed
- § 7-2-30.9 NMSA 1978— Repealed
- § 7-2-30.10 NMSA 1978— Repealed
- § 7-2-30.11 NMSA 1978— Repealed
- § 7-2-31 NMSA 1978— Repealed
- § 7-2-31.1 NMSA 1978— Optional refund contribution provisions; conditional repeal
- § 7-2-32 NMSA 1978— Deduction; payments into education trust fund
- § 7-2-33 NMSA 1978— Repealed
- § 7-2-34 NMSA 1978— Deduction; net capital gain income
- § 7-2-35 NMSA 1978— Deleted
- § 7-2-36 NMSA 1978— Deduction; expenses related to organ donation
- § 7-2-37 NMSA 1978— Deduction; unreimbursed or uncompensated medical care expenses
- § 7-2-38 NMSA 1978— Deduction; income set aside for future distribution from an estate or trust to a nonresident individual
- § 7-2-39 NMSA 1978— Deduction from net income for certain dependents
- § 7-2-40 NMSA 1978— Deduction; income from leasing a liquor license
- § 7-2-41 NMSA 1978— Deduction; school supplies purchased by a public school teacher