Does New Mexico require state 1099 tax filing?
Yes, New Mexico requires that Forms 1099 are filed with the state. If there is any NM state withholding, then these should be filed directly with the state; If not, then these can be filed using the Combined/Federal State Filing program.
Does New Mexico participate in Combined Federal/State Filing?
Yes, New Mexico participates in Combined Federal/State Filing. If you utilize CF/SF when filing your 1099s, the IRS will forward the information to the New Mexico Taxation and Revenue Department and you will not have to do so yourself.
However, if New Mexico state taxes were withheld, then forms must be filed directly, regardless of participation in the CF/SF program.
What is the responsible state agency?
New Mexico Taxation and Revenue Department
P.O. Box 25127
Santa Fe, NM 87504-5127
(505) 827-0825
What about other states?
BoomTax, The Boom Post, and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors prior to engaging in any transaction.
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