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1. Find your income exemptions
2. Find your pretax deductions, including 401K, flexible account contributions ... 3. Find your gross income 4. Check the 2025 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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ezPaycheck: Small Business Payroll Solution |
Attention Tax Filers: Last Minute Tax Reporting SolutionW2 Solution >> W2C Solution >> 1099 Solution >> 1095 Solution >>.In House Payroll Solution Calculate Federal & State Taxes! Print Paychecks, File W2, W3, 943 & 940. View Sample Checks Try ezPaycheck 30-day FREE demo.
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How to Make Your Own Checks in House? File W2C W3C Correction Forms in House! Last Minute Solution: 1099 NEC, MISC, K, DIV & More 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 ) |
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. |
How to Calculate New Mexico State Income Tax Withholdings Automatically
How to Create After the Fact Paychecks and Generate the PaystubsTax Withholding Table |
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If the Amount of |
The Amount of New Mexico Tax |
||||
|
But Not |
blank | blank | blank | Of Excess |
| $ 0 | $> 7,500 | $ 0 | plus | 0.0% | $ 0 |
| 7,500 | 13,000 | 0 | plus | 1.5% | > 7,500 |
| 13,000 | 24,000 | 82.50 | plus | 3.2% | 13,000 |
| 24,000 | 41,000 | 821.50 | plus | 4.3% | 24,000 |
| 41,000 < | 74,000 | 1964.50 | plus | 4.7% | 41,000 < |
| 74,000 < | 217,500 | 2,716.50 | plus | 4.9% | 74,000< |
| 217,500 < | and over | 9,748.00 | plus | 5.9% | 217,500 < |
Married |
|||||
If the Amount of |
The Amount of New Mexico Tax |
||||
|
But Not |
blank | blank | blank | Of Excess |
| $ 0 | $ > 15,000 | $ 0.00 | plus | 0% | $ 0 |
| 15,000 | 23,000 | 0.00 | plus | 1.5% | >15,000 |
| 23,000 | 40,000 | 376.00 | plus | 3.2% | 223,000 |
| 40,000 | 65,000 | 1,352.00 | plus | 4.3% | 40,000 |
| 65,000 < | 115,000 | 3,431.00 | plus | 4.7% | 65,000 < |
| 115,000 < | 330,000 | 4,089.00 | plus | 4.9% | 115,000 < |
| 330,000 < | and over | 14,624.00 | plus | 5.9% | 330,000 < |
Head of Household |
|||||
If the Amount of |
The Amount of New Mexico Tax |
||||
|
But Not |
blank | blank | blank | Of Excess |
| $ 0 | $ > 11,250 | $ 0.00 | plus | 0% | $ 0 |
| 11,250 | 19,250 | 0.00 | plus | 1.5% | 11,250 |
| 19,250 | 36,250 | 376.00 | plus | 3.2% | 19,250 |
| 36,250 | 61,250 | 1,352.00 | plus | 4.3% | 36,250 |
| 61,250 < | 111,250 | 3,431.00 | plus | 4.7% | 61,250 < |
| 111,250 < | 326,250 | 4,089.00 | plus | 4.9% | 111,250 < |
| 326,250 < | and over | 14,624.00 | plus | 5.9% | 326,250 < |
