New Mexico

General Instructions

The New Mexico Taxation and Revenue Department automatically grants a six month extension of time to file until October 15, 2008 if you are filing for a Federal extension. Simply check the box on your completed New Mexico PIT-1 indicating that you filed for an Automatic Extension with the IRS

You are only required to file for a New Mexico State extension, if you are NOT applying for a federal extension. Without a Federal extension, New Mexico generally grants a 60 day extension of time to file.

To request an extension of time from New Mexico :

1. Prepare a New Mexico Extension RPD-41096 ( click to download PDF )
2. Do NOT enclose a payment with your extension.
3. Mail to:
   Taxation and Revenue Department
   PO Box 630
   Santa Fe , NM 87504-0630

To avoid interest and penalties you must pay your current year tax liability in full by April 15, 2008 and submit your New Mexico return by October 15, 2008.

Penalty and Interest Charges on Tax Owed:

An interest rate of 15% per year (compounded daily) will be charged on any balances remaining after April 15, 2008. In addition you may be subject to the following penalties:

• Penalty for Late Filing or Late Payment. If you file late and owe tax, or if you do not pay your tax when due, you will be charged a penalty of 2% of the tax due for each month or part of a month the return is not filed or the tax is not paid, to a maximum of 10%.

If You Owe...

If you owe additional New Mexico Income Taxes you may pay your estimated balance due in the following ways:

1. Prepare an Estimate Tax Voucher PIT-ES (click here to download PDF )
2. Enclose a check or money order with the voucher.
3. Mail to:
   Taxation and Revenue Department
   Revenue Processing Division
   PO Box 8390
   Sante Fe, NM 87504-8390

You can pay your tax by Direct Debit (electronic check) or credit card using the department's online system at: https://ec3.state.nm.us/trd/estimate/

You'll be asked to enter your Social Security number, date of birth (and your spouse's Social Security number and date of birth, if filing a joint return), your credit card number and expiration date, or your bank routing and account numbers, and the date you want the amount withdrawn from your account.

If You Do Not Owe...

If you do not owe any additional New Mexico taxes, or are expecting a refund, you can obtain an automatic extension to file your 2007 return in the following ways:

File for a Federal Extension and indicate on your New Mexico tax return that you have filed for a Federal extension at the time of filing.

1. Prepare a New Mexico Extension RPD-41096 ( click here to download PDF )
2. Mail to:
   Taxation and Revenue Department
   PO Box 630
   Santa Fe, NM 87504-0630

Download Extension Form(s)

New Mexico

Extension for tax year 2007

Estimate Tax Voucher PIT-ES