New Mexico: 1099 State Filing Requirements
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Last modified 5/29/2020 2:49:58 AM EST |
Added by TaxBandits Team
The New Mexico Taxation and Revenue Department mandates the filing of the 1099 Forms only if there is a state tax withholding. TaxBandits supports the filing of Form 1099 with both the Federal and State of New Mexico.
What to be filed
Form RPD-41072 - Annual Summary of Withholding Tax for CRS-1 Filers
The due date to file 1099 with New Mexico is February 28.
The negligence penalty for late filing or late payment applies if you file late and owe tax, or if you do not pay your tax when due. The penalty is 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 20%.
New Mexico Taxation and Revenue Department,
P.O. Box 25128, Santa Fe,