You must file the 1099 forms ONLY if there is state tax withholding.
|Filing Type||Due Date|
|Electronic Filing||February 28|
The state of New Mexico participates in the CF/SF program. The 1099s will automatically be forwarded by IRS.
A payor who has withheld New Mexico tax from pensions or annuities may submit the forms (1099-R) electronically by using the Combined Federal/State Filing Program.
Note: New Mexico requires the following information returns: Federal forms 1099-R, and 1099-MISC, (for oil and gas proceeds and pass-through entity withholding). Additionally, any other income and withholding return that includes New Mexico income tax withheld must be sent to the Department.
The state of New Mexico mandates the filing of the Annual Summary of Withholding Tax Form RPD-41072 if your 1099-R contains state tax withholding.
Be sure to file the Annual Summary of Withholding Tax Form RPD-41072 directly with the state.
This state accepts both e-filing and paper filing.