New Mexico Taxation & Revenue Department
State Government: Agencies/Departments/Divisions | State Agencies
Recent News About New Mexico Taxation & Revenue Department
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Higher property tax revenue in New Mexico during Q2 2023
The second quarter of 2023 brought in $60 million in property tax revenue for New Mexico, an 11.1% increase from the first quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues down 2.7% since Q1 2023
New Mexico collected $1 billion in miscellaneous tax revenue during the first quarter of 2023, a 2.7% decrease from the same period the previous year when $1.1 billion was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues down 28.4% in Q1 2023
New Mexico collected $1 billion in miscellaneous tax revenue during the first quarter of 2023, a 28.4% decrease from the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico: Individual income tax revenue down 6.2% as of Q1 2023 compared to Q1 2022
The first quarter of 2023 brought in $591 million in individual income tax revenue for New Mexico, a 6.2% decrease from the same period in the previous year, according to the U.S. Census Bureau.
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New Mexico sees more individual income tax revenue in Q1 2023
The first quarter of 2023 brought in $591 million in individual income tax revenue for New Mexico, a 3.5% increase from the fourth quarter of 2022, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Property tax revenue up 980% from previous quarter in New Mexico
The first quarter of 2023 brought in $54 million in property tax revenue for New Mexico, a 980% increase from the fourth quarter of 2022, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues up 2,328.8% in Q4 2022
New Mexico collected $1.4 billion in miscellaneous tax revenue during the fourth quarter of 2022, a 2,328.8% increase over the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's individual income tax revenue up 9.4% as of Q4 2022 compared to Q4 2021
The fourth quarter of 2022 brought in $571 million in individual income tax revenue for New Mexico, a 9.4% increase from the same period in the previous year, according to the U.S. Census Bureau.
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Higher individual income tax revenue in New Mexico during Q4 2022
The fourth quarter of 2022 brought in $571 million in individual income tax revenue for New Mexico, a 54.7% increase from the third quarter of 2022, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's Q4 2022 property tax revenue up 66.7% from previous quarter
The fourth quarter of 2022 brought in $5 million in property tax revenue for New Mexico, a 66.7% increase from the third quarter of 2022, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues down 96.2% in Q3 2022
New Mexico collected $59 million in miscellaneous tax revenue during the third quarter of 2022, a 96.2% decrease from the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico sees less property tax revenue in Q3 2022
The third quarter of 2022 brought in $3 million in property tax revenue for New Mexico, a 94.8% decrease from the second quarter of 2022, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues up 47.2% in Q2 2022
New Mexico collected $1.6 billion in miscellaneous tax revenue during the second quarter of 2022, a 47.2% increase over the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Higher property tax revenue in New Mexico during Q2 2022
The second quarter of 2022 brought in $58 million in property tax revenue for New Mexico, a 13.7% increase from the first quarter of 2022, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues down 49.1% in Q1 2022
New Mexico collected $1.1 billion in miscellaneous tax revenue during the first quarter of 2022, a 49.1% decrease from the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Property tax revenue up 1,175% from previous quarter in New Mexico
The first quarter of 2022 brought in $51 million in property tax revenue for New Mexico, a 1,175% increase from the fourth quarter of 2021, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues up 5,077.5% in Q4 2021
New Mexico collected $2.1 billion in miscellaneous tax revenue during the fourth quarter of 2021, a 5,077.5% increase over the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's Q4 2021 property tax revenue up 33.3% from previous quarter
The fourth quarter of 2021 brought in $4 million in property tax revenue for New Mexico, a 33.3% increase from the third quarter of 2021, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico estimates 60,000 residents still need to apply to receive COVID-19 stimulus payments
An estimated 60,000 New Mexico residents may never have applied for federal CARES Act funds for which they are eligible, and the New Mexico Taxation and Revenue Department is trying to help remedy that.