Frequently Asked Questions
If I have an automatic extension of time to file with the IRS, do I need to file an extension with New Mexico?
No, New Mexico honors your federal automatic extension of time to file. You do not need to request a separate state extension if you already have a federal automatic extension. If you need more time than that granted at the federal level, you must file a New Mexico...
When is my Fiduciary return due?
For fiduciaries that file on a calendar-year basis, the New Mexico FID-1, New Mexico Fiduciary Income Tax Return is due on or before April 15 with the payment of taxes due.
Do you accept electronic fund transfers for fiduciary returns?
No. Please enclose your check or money order with Form FID-PV, with your return.
If I am a grantor trust, do I need to file a fiduciary return?
Generally, grantor trusts are not required to file Form FID-1, New MexicoFiduciary Income Tax Return . However, if a grantor trust has become irrevocable upon the grantor's death, the grantor trust must file a FID-1. If the grantor trust, including a living trust,...
Why are negative numbers not allowed on the return?
To correctly complete Form RPD-41129, Liquor Excise Tax Return , do not report negative amounts on either the form or on its schedules. A common reason for reporting negative numbers is entering incorrectly the number of alcoholic beverages on which the liquor excise...
How do I change my registration information?
To change registration information for: Cigarette Tax Gaming Tax Liquor Excise Tax Local Liquor Excise Tax Telecommunications Relay Service Surcharge Water Conservation Fee Use Form ACD-31015 Business Tax Registration to make changes and submit to the following...
How often must Water Conservation Fee (H20) returns be filed?
File a return for each month, quarter or semi-annual period, depending upon your required filing frequency. If no water was produced for a report period, no report is due. File the H20 return on or before the 25th of the month following the close of the report...
Who is required to file the Water Conservation Fee (H20) return?
A person or entity that operates a public water supply system must file.
What is the Water Conservation Fee (H20) rate?
Calculate the Water Conservation Fee at three cents ($0.03) per thousand gallons of water produced.
What form is used when paying Water Conservation Fee (H20)?
Use Form RPD-41109, Water Conservation Fee .