New Mexico Form W-2 & NJ W-3M Filing Requirements for 2024

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Simplify Your New Mexico W-2 Filing with TaxBandits

E-file W-2 with both federal and state
We also support state-only filing.
Deliver employee copies by mail or online
Free retransmissions and corrections

New Mexico W-2 Filing Criteria for 2024

The State of New Mexico mandates W-2 filing, even if no state tax is withheld.

Filing Criteria

Form W-2

Even if there is no New Mexico state tax withheld

Filing Method:

Direct State Filing

Additional Form:

Not Required

Deadline:

January 31, 2025

Pricing:

W-2 State Filing - $0.70/form

Ready to start filing W-2s with New Mexico?

Information Required to File W-2 Forms with New Mexico

Discover the key information needed to file Form W2 with the State of New Mexico.

1. Employer’s state ID number

The employer's state identification number refers to the New Mexico Withholding Tax Account Number.

New Mexico State ID Format: 11 digits - 2 digits and hyphen followed by 6 digits and hyphen followed by 2 digits and hyphen followed by 1 digit (Eg: 99-999999-99-9 )

2. New Mexico state/local wages

The total amount of taxable wages, tips, that is subject to New Mexico state income tax.

3. New Mexico state tax withheld

The total amount of state income taxes withheld from the employee’s wages.

If you’ve withheld any New Mexico taxes, you must file Reconciliation Form RPD-41072.

E-file W-2s to the State of New Mexico in minutes with TaxBandits!

New Mexico Taxation and Revenue Department Annual Summary of Withholding Tax

Form RPD-41072 is an Annual Summary of Withholding Tax used to report the total income taxes withheld from employees and taxes remitted to the state. It's also used to claim an overpayment refund or pay if the taxes are underpaid.

Information Reported on Form RPD-41072

Business information
Schedule of New Mexico income tax withheld and reported
Number of annual statements of withholding submitted. (Federal Forms W-2,
W-2G or 1099R)
Total New Mexico income tax withheld for the taxable year
Total New Mexico income tax withheld and reported during the reporting year.

E-file W-2 with New Mexico state in minutes using TaxBandits!

TaxBandits – Simplifying New Mexico State W-2 Compliance

TaxBandits supports the e-filing of W-2 forms directly with the New Mexico Department of Revenue, ensuring compliance with state regulations.

Supports State-Only Filing

With TaxBandits, you can file W-2 forms directly with your state, even if you don’t file your federal W-2 with us.

State Filing Guidance

TaxBandits provides comprehensive instructions at every step to ensure your W-2
e-filing is completed effortlessly and accurately, reducing the risk of errors.

Supports W-2 State Corrections

Easily correct errors on your New Mexico W-2 with TaxBandits, download the corrected form, and mail it directly to the state.

Free Resubmissions

If your W-2 forms are rejected by the New Mexico Department of Revenue, you can correct errors and resubmit them for free.

Start filing your New Mexico W-2 returns with TaxBandits by creating an account!

How to File New Mexico W-2 with TaxBandits?

Create your account and follow these steps to easily e-file your W-2s with the state of New Mexico!

Step 1: Choose Form W-2

Select the type of W-2 form you want to file.
Step 2: Enter Form W-2 details

Complete the form using manual entry or other bulk import options.
Step 3: Complete State Information

Ensure you complete the state-specific fields.
Step 4: Choose Distribution Options

Choose a form distribution method – postal mailing, online access, or printing and mailing yourself.
Step 5: Review and Transmit

Review your form and transmit it to the IRS and state agencies.

Step 1: Choose Form W-2 State Only Filing

Select Form W-2 - State Only filing from the Dashboard.
Step 2: Enter Form W-2 and State Information

Complete Form W-2 and the required state information.
Step 3: Choose Distribution Options

Select the form distribution options – postal mailing, online access, or printing and mailing yourself.
Step 4: Review and Transmit to State

Review your form and transmit it to the state of New Mexico.

Are you ready to begin e-filing your W-2 Form with New Mexico State? File in minutes with TaxBandits!

Frequently Asked Questions

Does New Mexico require W2 filing?

Yes, the state of New Mexico requires W-2 forms to be filed, even if no state tax is withheld.

TaxBandits enables you to file W-2 forms directly with the state of New Mexico, even if you filed your federal W-2 elsewhere. E-file now

Does New Mexico have any additional requirements when you file W2 forms?

Yes. The state of New Mexico requires additional forms to file along with Form W2.

If you paper file, you must send RPD-41072 along with form W2. If you electronically file, you do not need to send Form RPD-41072.

What is Form RPD-41072?

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 W2) with the total tax withheld and paid to New Mexico on CRS-1 returns.

What is the due date to file W2 with New Mexico?

The due date to file Form W2 is January 31 and Form RPD-41072 with the State of New Mexico is January 31.

What are the requirements to file W2 electronically with New Mexico?

New Mexico mandates filing electronically if you are submitting 25 or more W2s.

What are the penalties for not filing or filing W2 late with New Mexico?

A 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% for not filed W2 with New Mexico.

Learn more about Form W-2 penalties.