News release: Extensions available to taxpayers in disaster area

Michelle Lujan Grisham

Governor

Stephanie Schardin Clarke

Cabinet Secretary

Media Contact: Charlie Moore

Charlie.Moore@tax.nm.gov

(505) 670-5406

June 26, 2024

Extensions available to taxpayers affected by disaster

SANTA FE—The Taxation and Revenue Department is allowing extensions for taxpayers affected by the South Fork and Salt fires disaster.

Extensions are currently available for one month. For example, someone with an estimated personal income tax or corporate income tax payment normally due on June 17, 2024, can have an extended due date of July 17, 2024.

Similarly, various business tax returns that were normally due on June 25, 2024, will now be due on July 25, 2024, for qualifying taxpayers.

Affected taxpayers taking advantage of the state extension should send a letter notifying the Taxation and Revenue Department that they qualify for the extension and provide support that they are an affected taxpayer.

Information about who qualifies and other details is available in Tax Bulletin 100.43 available in the publications folder on the Forms & Publications page of tax.newmexico.gov.

Taxpayers can also complete Form RPD-41096, Extension of Time to File. A link to that form and other general information about tax extensions is available on the “Request an extension to file” page of the website.

Taxpayers may notify the Department before they file or after they receive a notice with late payment penalty and interest for returns that are covered by the extension.

The extension will result in no penalty being imposed for a late filed return or for a late payment. State law does not allow the Department to waive interest on late payments, however.

Forms or letters may be emailed to the following addresses to expedite processing:

Personal Income Tax: Trd.TaxReturnHelp@tax.nm.gov

Corporate Income Tax: CIT.TaxReturnHelp@tax.nm.gov

Gross Receipts Tax: GRT.TRDHelp@tax.nm.gov

Withholding Tax: WHT.TRDHelp@tax.nm.gov

Workers Compensation Tax: WKC.TRDHelp@tax.nm.gov

Special Tax Programs: Other.Taxes@tax.nm.gov

They may also be mailed to P.O. Box 630, Santa Fe, New Mexico 87504-0630

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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.

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