New Mexico: 1099 State Filing Requirements
4.5k views |Last modified 9/11/2024 7:08:35 AM EST | Added by TaxBandits Team

The State of New Mexico mandates filing Form 1099 with the state agency under the following conditions.

Requirements
The New Mexico Taxation and Revenue Department requires the filing of 1099 forms:

• If there is any state tax withholding, you must file 1099 forms directly with the state.
• If no state tax withholding occurs, the IRS will automatically forward your federal 1099 forms to the state agency, as New Mexico participates in the CF/SF program.

Required 1099 Forms
New Mexico also requires the filing of the following 1099 forms: 

• 1099-NEC
• 1099-MISC
• 1099-K
• 1099-INT
• 1099-DIV
• 1099-R
• 1099-B
• 1099-G
• 1099-OID
• W-2G

Threshold
New Mexico does not have a specific payment threshold for reporting Form 1099. The state's reporting requirements follow federal guidelines.

Additional Requirements
New Mexico does not require any additional forms when filing 1099 forms.

Due Date
The deadline for filing Form 1099 with the state of New Mexico is January 31. 

Note: If this due date falls on a weekend or a federal holiday, the deadline is extended to the next business day.

For more information about New Mexico’s 1099 filing requirements, click here.