New Mexico State W-2 Reporting Requirements

Does New Mexico Require State W-2 Reporting?

Yes, New Mexico does require state W-2 reporting even if there was no state tax withholding.

How Must New Mexico State W-2 Reporting be Filed?

New Mexico accepts paper filing and e-filing.

However, if you have more than 50 Forms W-2 to submit, you must file electronically.

What are the Forms and Due Dates for New Mexico State W-2 Reporting?

In addition to the Form W-2, New Mexico requires Form RPD-41072Annual Summary of Withholding Tax for CRS Filers to be filed.

Forms W-2 and RPD-41072 are due by February 28.

What are the W-2 penalties for New Mexico?

The W-2 penalties for New Mexico are as follows:

  • Late filing or late payment: Penalty of 2% of tax due per month (or partial month) late.
    • Maximum penalty of 20% of tax due.
  • Interest accrues on any tax that isn’t paid by the due date, even with an extension of time to file.

See the New Mexico Penalties & Interest Rates webpage for more information.

What is the Responsible State Filing Agency?

New Mexico Taxation and Revenue Department
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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