New Mexico State Tax Calculator
Calculate your New Mexico state income tax combined with federal taxes. Get accurate estimates for tax planning in New Mexico.
New Mexico Tax Quick Facts
Tax System
Progressive Brackets
Top Tax Rate
5.9%
Tax Brackets
5 brackets
Standard Deduction
Available
Calculate Your Tax
About New Mexico Income Tax
New Mexico levies a state income tax with rates ranging from 1.7% to 5.9% across five tax brackets.
- Progressive tax system with five brackets
- Top rate of 5.9% for highest earners
- Moderate tax burden
- Social Security benefits not taxed
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