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Personal income tax rates for New Mexico range from 1.7% to 4.9%, within four income brackets. [9] The individual income tax rates are listed in the table below. [10] Rate. Income. Heads of household, widow (er)s, and married persons filing jointly. 1.7%. $8,000 or less. $136 plus 3.2% of excess over $8,000.
New Mexico is a state located in the Western United States. According to the 2020 United States Census, New Mexico is the 15th least-populous state with 2,117,522 inhabitants [1] but the 5th-largest by land area, spanning 121,298.15 square miles (314,160.8 km 2). [2] New Mexico is divided into 33 counties and contains 106 municipalities ...
New Mexico (Spanish: Nuevo México[ Note 2 ][ 7 ] [ˈnweβo ˈmexiko] ⓘ; Navajo: Yootó HahoodzoNavajo pronunciation: [jòːtʰó hɑ̀hòːtsò]) is a state in the Southwestern region of the United States. It is one of the Mountain States of the southern Rocky Mountains, sharing the Four Corners region with Utah, Colorado, and Arizona.
New Mexico has a 5.9% flat tax rate for corporations, which is the 28th highest in the nation, according to the tax department. The gross corporate income tax was about $535 million in fiscal year ...
July 26, 2024 at 8:38 AM. Tax free weekend in New Mexico begins at 12:01 a.m. on Friday, Aug. 2 and runs through Saturday, Aug. 4 at midnight. The gross receipt tax exception applies to eligible ...
She said the store heavily stocked up for the weekend, with about 7,000 items under $20 and about 4,000 back-to-school specific items under $20. The store extended its hours for the weekend ...
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