New Mexico Income Tax Brackets 2021: Electronic Filing Options Explained

When it comes to paying your taxes in New Mexico, understanding the electronic filing options available can make the process smoother and more convenient. In this article, we will explore the various ways you can file your income tax returns electronically, as well as the benefits and restrictions associated with each method.

Electronic Filing Options

The Taxation and Revenue Department (TRD) offers two ways to file a return electronically: through their internet website or the Federal/State Filing Program. Both options allow you to file either a refund return or a tax-due return, giving you more flexibility when it comes to managing your taxes.

Convenience Fees

It's worth noting that if you choose to pay by credit card, there may be a convenience fee charged to cover the costs associated with processing payments. However, if you opt for electronic check payment, there is no charge.

Filing Deadline Extensions

If April 30th falls on a Saturday, Sunday, or legal state or national holiday, the due date for filing your taxes will be the next business day. Additionally, individuals who both file and pay their income tax electronically using the TRD's website, a personal computer, or a tax professional have an extended filing deadline of April 30.

Online Filing

The TRD encourages taxpayers to file electronically whenever possible. Electronic filing is safe, secure, and offers the fastest service for refund processing. You can access online filing through your tax preparer or by using approved software on a personal computer at no charge (except for payments made by credit card).

By taking advantage of electronic filing options in New Mexico, you can streamline your tax preparation process and enjoy faster refund processing. Whether you choose to file through the TRD's website or a third-party provider, make sure to take advantage of these convenient and efficient methods to manage your taxes this year.

New mexico income tax brackets 2021