Meet New Mexico's 2024 W-2 Filing Requirements
Learn about New Mexico’s W-2 filing rules, and deadlines and easily E-file your W-2 forms quickly and accurately
As low as $0.99 per W-2 state filing form
Key New Mexico W-2 Form Information
| State Tax | Form | Filing Requirement | Filing Method |
|---|---|---|---|
| Yes, Wages are taxable | Form W-2 Wage and Tax Statement | Yes , All withheld taxes should be filed through the W-2 Form | Electronic/Paper We recommend electronic filing |
| Form RPD-41072 Reconciliation of Form W-2 for New Mexico | Yes, if the W-2 forms are submitted via paper filing | Paper |
Who Needs to File W-2 Forms in New Mexico?
All Employers in the state of New Mexico who withhold taxes from employees are required to file Form W-2 for the 2024 tax year. This mandate applies to all businesses, whether they have a small team or a large team.
What Must Be Filed?
- Form W-2: Wage and Tax Statement for each employee.
- Form RPD-41072: Reconciliation of the total New Mexico income tax withheld. (Required only when paper filing form W-2)
Important W-2 Form Fields for New Mexico Filings
Ensure the following key fields on the W-2 form are correctly filled:
Employer’s state ID number
The New Mexico Business Tax Identification Number, assigned by the New Mexico Taxation and Revenue Department, should be entered in Box 15 of the W-2 form.
State wages, tips, etc.
The New Mexico taxable income earned by the employee should be entered in Box 16 of the W-2 form
State income tax
The New Mexico tax withheld from the employee should be entered in Box 17 of the W-2 form.
TaxZerone streamlines New Mexico W-2 form filing, enabling you to complete it in just a few simple steps.
File New Mexico W-2 FormFiling Methods for New Mexico W-2 Forms
Electronic Filing
Employers with 25 or more employees must file W-2 forms electronically using methods approved by the New Mexico Taxation and Revenue Department. .
TaxZerone is one of the tax filing platforms authorized by the New Mexico Taxation and Revenue Department.
Paper Filing
Employers with fewer than 25 W-2 forms may choose to file using paper forms to the New Mexico Taxation and Revenue Department
Mailing Address:
New Mexico Taxation and Revenue Department,
P.O. Box 25128 Santa Fe,
NM 87504-5128
Recommendation: Even though you can file on paper, E-filing through TaxZerone is preferred for its quick processing, accuracy, and ease of use.
E-File W-2 Form Now!New Mexico Form RPD-41072:
W-2 Reconciliation
In addition to W-2 forms, employers must file Form RPD-41072 to reconcile state income tax withheld. This form is essential for accurately reporting the total taxes withheld over the year. Employers need to file this form only when paper filing W-2 forms
W-2c Corrections for New Mexico Filings
In New Mexico, if an error is found in submitted W-2 forms, the employer must file a W-2c form (Corrected Wage and Tax Statement) and file the corrected copy to the New Mexico Taxation and Revenue Department. If Paper filing send the corrected copies to: New Mexico Taxation and Revenue Department, P.O. Box 25128, Santa Fe, NM 87504-5128. TaxZerone makes it easy to file Form W-2c to correct any errors on your W-2 forms for New Mexico.
With TaxZerone, correcting errors on your W-2 forms is easy. Our online platform streamlines filing Form W-2c, ensuring your corrections are accurate and submitted promptly.
File W-2c Now!Filing Deadline for New Mexico W-2 Forms
| Form | Deadline |
|---|---|
| Form W-2 | January 31, 2025 |
| Form RPD-41072 (Reconciliation form for W-2 in New Mexico) | February 28, 2025 |
Why Choose TaxZerone for New Mexico W-2 Filing?
When it comes to e-filing W-2 forms, TaxZerone stands out as your go-to solution. Our platform is designed to make the filing process easy, accurate, and timely. Experience the following benefits:
Quick & Easy
Complete your W-2 filings in just three simple steps, taking less than five minutes!
Affordable Pricing
Each form costs only $0.99 for w2 state filings with absolutely no hidden fees.
Bulk Upload Feature
Save valuable time by uploading multiple forms in one go.
Dedicated Support Team
Have questions? Our expert team is available to help you navigate any filing challenges.
Ready to simplify your New Mexico W-2 filing process?
Sign up with TaxZerone today and file New Mexico state W-2 forms for just $0.99 each!
Frequently Asked Questions
1. Does New Mexico have specific W-2 form filing requirements?
2. Can W-2 forms be filed electronically in New Mexico?
3. How can I request additional time to file W-2 forms in New Mexico?
4. Does everyone need to file a state W-2 Reconciliation (RPD-41072)form in New Mexico?
5. Does TaxZerone support Form RPD-41072 filing?
Mailing Address:
New Mexico Taxation and Revenue Department
P.O. Box 25128 Santa Fe,
New Mexico 87504-5128
