New Mexico State 1099 Tax Filing – TY 2018

Does New Mexico require state 1099 tax filing?

Yes, any payments derived from oil and gas production from a well located in New Mexico to a nonresident of New Mexico must withhold tax from those payments and must be filed using form RPD-41284 with the New Mexico Taxation and Revenue Department.

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.

All Form 1099-NEC must also be filed directly with the state of New Mexico, regardless of participation in the CF/SF program.

What is the responsible state agency?

P.O. Box 25127
Santa Fe, NM 87504-5127
(505) 827-0825

What about other states?

Alabama Florida Louisiana Nebraska Oklahoma Vermont
Alaska Georgia Maine Nevada Oregon Virginia
Arizona Hawaii Maryland New Hampshire Pennsylvania Washington
Arkansas Idaho Massachusetts New Jersey Rhode Island West Virginia
California Illinois Michigan New Mexico South Carolina Wisconsin
Colorado Indiana Minnesota New York South Dakota Wyoming
Connecticut Iowa Mississippi North Carolina Tennessee
Delaware Kansas Missouri North Dakota Texas
District of Columbia Kentucky Montana Ohio Utah

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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