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New Mexico Income Tax Table New Mexico Income Tax Brackets (Tax Year 2019)
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Tax Year 2019 / Filed April 2020

New Mexico - 2020 Single Tax Brackets
Tax Bracket Tax Rate
$0.00+ 1.7%
$5,500.00+ 3.2%
$11,000.00+ 4.7%
$16,000.00+ 4.9%
New Mexico - 2020 Married Filing Jointly Tax Brackets
Tax Bracket Tax Rate
$0.00+ 1.7%
$8,000.00+ 3.2%
$16,000.00+ 4.7%
$24,000.00+ 4.9%

This page shows Tax-Brackets.org's archived New Mexico tax brackets for tax year 2020. This means that these brackets applied to all income earned in 2019, and the tax return that uses these tax rates was due in April 2020.

New Mexico's income tax brackets were last changed eleven years ago for tax year 2009, and the tax rates were previously changed in 2007.

The current tax year is 2020, and the New Mexico income tax brackets have not been changed since 2020.

2020 New Mexico Tax Deduction Amounts

Tax-Brackets.org also maintains an archive of important New Mexico income tax exemption amounts, including the New Mexico Standard Deduction, the New Mexico Personal Exemption, and the New Mexico Dependent Deduction. The values of these deductions for tax year 2020 are as follows:

Deduction numbers aren't available for New Mexico for this tax year.

Please contact us if you'd like to contribute this data!

New Mexico Income Tax Table 2020 Sources & Citations

Disclaimer: While we do our best to keep our historical New Mexico income tax rates up to date and complete, we cannot be held liable for errors or omissions. Is info on this page missing or out-of-date? Please let us know so we can fix it!

Tax Data Sources:

  1. The New Mexico tax brackets on this page sourced from the New Mexico Department of Revenue in 2020. Please contact us if any of our New Mexico tax data is incorrect or out of date.

** This Document Provided By Tax-Brackets.org **
Source: http://www.tax-brackets.org/newmexicotaxtable/2020