News release: ACH payment available for Corporate Income Tax

Michelle Lujan Grisham

Governor

Stephanie Schardin Clarke

Cabinet Secretary

Media Contact: Charlie Moore

Charlie.Moore@tax.nm.gov

(505) 670-5406

July 18, 2024

ACH payments now available for Corporate Income Tax

SANTA FE — Taxation and R evenue is now accepting ACH payments on Corporate Income Tax.

Corporate Income Tax taxpayers can set up their ACH payments for delivery to account number 4627912041.

The transit and routing number for the state’s fiscal agent, Wells Fargo Bank, also known as the ABA number, is 121000248.

For an ACH payment to be timely, the Department must have access to the funds on or before the tax return’s filing due date. That means transfers must be authorized at least one banking day before the due date.

More detailed information is available in FYI-401, which is available in the publications folder on the Forms & Publications page at tax.newmexico.gov.

###

The Taxation and Revenue Department serves the State of New Mexico by providing fair and efficient tax and motor vehicle services. It administers more than 35 tax programs and distributes revenue to the State and to local and tribal governments throughout New Mexico.

The Department strives to reduce taxpayer burden through clearer communication, statutes, regulations, forms, correspondence and instructions.

Connect with us on tax.newmexico.gov, LinkedIn, YouTube and Twitter @NM_MVD