A. Yes, the New Mexico Taxation and Revenue Department mandates the filing of the 1099 Forms only if there is a state tax withholding.
A. New Mexico requires the filing of the following 1099 form only if there is a state tax withholding.
A. Yes. The state of New Mexico requires additional forms to file along with Form 1099.
If you have a paper file, you must send RPD-41072 along with form 1099.
A. Form RPD-41072 is used to reconcile the total amounts shown as withheld on annual statement of withholding information returns furnished to recipients (Federal Form 1099) with the total tax withheld and paid to New Mexico on CRS-1 returns.
A. The due date to file 1099 with New Mexico is February 28.
A. The negligence penalty for late filing or late payment applies if you file late and owe tax, or if you do not pay your tax when due. The penalty is 2% of the tax due for each month or part of a month the return is not filed or the tax is not paid, to a maximum of 20%.
A. Mail your Form 1099s along with the RPD-41072 to the following address.