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How to Calculate 2019 New Mexico State Income Tax by Using State Income Tax Table

1. Find your income exemptions

2. Find your pretax deductions, including 401K, flexible account contributions ...

3. Find your gross income

4. Check the 2019 New Mexico state tax rate and the rules to calculate state income tax

5. Calculate your state income tax step by step

6. If you want to simplify payroll tax calculations, you can download ezPaycheck payroll software, which can calculate federal tax, state tax, Medicare tax, Social Security Tax and other taxes for you automatically. You can try it free for 30 days, with no obligation and no credt card needed.

Learn more about the in house payroll tax solution for New Mexico small businesses here.
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New Mexico State Tax Tables

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2025 New Mexico State Tax Witholding Table
2024 New Mexico State Tax Witholding Table
2023 New Mexico State Tax Witholding Table
2022 New Mexico State Tax Witholding Table
2021 New Mexico State Tax Witholding Table
( 2020   2019   2018   2017   2016   )

Tax rate used in calculating New Mexico state tax for year 2019

State Abbreviation:

NM

State Tax Withholding State Code:

35

Acceptable Exemption Form:

None

Basis For Withholding:

Federal Exemptions

Acceptable Exemption Data:

None

TSP Deferred:

Yes

Special Coding:

None

Additional Information:

A state tax certificate is not required since Federal exemptions are used in the computation of the state formula.

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Withholding Formula >(New Mexico Effective 2019)<
  1. Subtract the nontaxable biweekly Thrift Savings Plan contribution from the gross biweekly wages.

  2. Subtract the nontaxable biweekly Federal Health Benefits Plan payment(s) (includes dental and vision insurance program and flexible spending account - health care and dependent care deductions) from the amount computed in step 1.

  3. Add the taxable biweekly fringe benefits (taxable life insurance, etc.) to the amount computed in step 2 to obtain the adjusted gross biweekly wages.

  4. Multiply the adjusted gross biweekly wages times 26 to obtain the gross annual wages.

  5. Determine the exemption allowance by applying the following guideline and subtract this amount from the gross annual wages to compute the taxable income.

    Exemption Allowance =>$4,150< x Number of Exemptions

  6. Apply the taxable income computed in step 5 to the following table to determine the annual New Mexico tax withholding.

    7. Tax Withholding Table
    Single or Head of Household

    If the Amount of
    Taxable Income Is:

    The Amount of New Mexico Tax
    Withholding Should Be:


    Over:

    But Not
    Over:

    blank
    blank
    blank

    Of Excess
    Over:

    $          0 $>  3,700 $        0 plus 0.0% $         0
         3,700       9,200           0 plus 1.7% >   3,700
         9,200     14,700      93.50 plus 3.2%     9,200
       14,700     19,700    269.50 plus 4.7%   14,700
       19,700 <   and over    504.50 plus 4.9%   19,700 <


    Married

    If the Amount of
    Taxable Income Is:

    The Amount of New Mexico Tax
    Withholding Should Be:


    Over:

    But Not
    Over:

    blank
    blank
    blank

    Of Excess
    Over:

    $         0 $ > 11,550 $   0.00 plus 0% $         0
        11,550    19,550      0.00 plus 1.7% >  11,550
      19,550    27,550   136.00 plus 3.2%   19,550
      27,550    35,550   392.00 plus 4.7%   27,550
      35,550 <   and over   768.00 plus 4.9%   35,550 <

  7. Divide the annual New Mexico tax withholding by 26 to obtain the biweekly New Mexico tax withholding.

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