New Mexico Income Tax Calculator
Figure basis: Official New Mexico Taxation and Revenue DepartmentNew Mexico income tax is calculated on your taxable income after deductions and exemptions. This calculator estimates your New Mexico state income tax liability for the current tax year. Enter your annual gross income, choose your filing status (single, married filing jointly, married filing separately, or head of household), and add any pre-tax deductions to see your estimated state tax, effective tax rate, and marginal bracket. Results update in real time as you adjust your inputs. The calculator covers New Mexico state income tax only; federal income tax, FICA payroll taxes, and any local income taxes your city or county imposes are separate. All rates and brackets are sourced directly from New Mexico Taxation and Revenue Department and are verified for the current tax year. Use this tool alongside the federal income tax calculator to see your combined total tax liability. Effective rate and marginal rate are both shown so you can evaluate the impact of additional income, filing status changes, or increased pre-tax contributions to a 401(k) or similar plan.
New Mexico uses graduated income tax brackets. A single filer earning $60,000 owes $1,670.63 in state income tax, an effective rate of 2.78% and a marginal rate of 4.7%. Enter your own income and filing status below.
Bracket breakdown
| Income range | Rate | Tax in bracket |
|---|
How New Mexico income tax works
New Mexico imposes a graduated individual income tax under Section 7-2-7 NMSA 1978, restructured by House Bill 252 (2024) for taxable years beginning on or after January 1, 2025. Six brackets apply, ranging from 1.5% to 5.9% (a new 4.3% band was added). Married filing jointly, head of household and surviving spouses share one bracket schedule; single filers and married filing separately have separate thresholds. New Mexico conforms to the federal standard deduction. The top rate of 5.9% applies to taxable income over $210,000 for single filers, over $315,000 for married filing jointly and head of household, and over $157,500 for married filing separately. Your result updates the page link, so you can copy a permalink to any calculation.
taxable income = gross income - standard deduction
state income tax = sum of (income in each bracket x bracket rate / 100)
effective rate = state income tax / gross income x 100
marginal rate = rate of the highest bracket reached
New Mexico income tax brackets (2025)
The table below shows the New Mexico graduated income tax brackets for single filers, as published by the New Mexico Taxation and Revenue Department and verified Jul 16, 2026. Thresholds for other filing statuses may differ; use the calculator above to select your status.
| Income range | Rate | Source |
|---|---|---|
| $0.00 to $5,499.00 | 1.5% | New Mexico Taxation and Revenue Department |
| $5,501.00 to $16,499.00 | 3.2% | New Mexico Taxation and Revenue Department |
| $16,501.00 to $33,499.00 | 4.3% | New Mexico Taxation and Revenue Department |
| $33,501.00 to $66,499.00 | 4.7% | New Mexico Taxation and Revenue Department |
| $66,501.00 to $209,999.00 | 4.9% | New Mexico Taxation and Revenue Department |
| Over $210,001.00 | 5.9% | New Mexico Taxation and Revenue Department |
New Mexico's 2025 bracket overhaul and its Social Security cliff
New Mexico rewrote its income tax for tax year 2025. House Bill 252 (2024) restructured the schedule that takes effect for tax years beginning on or after January 1, 2025, spreading income across six brackets from 1.5% to 5.9% and inserting a new 4.3% band in the middle. Single filers and married couples filing separately run on their own thresholds, while married filing jointly, head of household, and surviving spouses share a wider table, so two households with identical income can owe noticeably different amounts depending on status.
New Mexico conforms to the federal standard deduction, which the One Big Beautiful Bill Act raised to $15,750 for a single filer and $31,500 for a married couple filing jointly in 2025. That keeps the state calculation closer to the federal one than in a neighbor like Arizona, but it also means a change in federal law flows straight into your New Mexico bill.
Retirees should watch one sharp edge: New Mexico exempts Social Security benefits from tax only while adjusted gross income stays under $100,000, regardless of filing status. Cross that line, even by a dollar of AGI, and benefits can become taxable, so a modest IRA withdrawal near the threshold can carry an outsized cost. The top 5.9% rate itself reaches only past $210,000 for a single filer, so most residents settle well below it.
New Mexico income tax: frequently asked questions
How much is the New Mexico income tax on a $60,000 salary?
A single filer earning $60,000 a year in New Mexico has a taxable income of $44,250.00 after the standard deduction. The computed state income tax is $1,670.63, an effective rate of 2.78%. Enter your own income above for an exact figure.
What is the New Mexico state income tax rate?
New Mexico has graduated income tax brackets. The marginal rate depends on your taxable income and filing status. For a single filer earning $60,000 the marginal rate is 4.7%.
What filing statuses does New Mexico income tax apply to?
New Mexico income tax applies to single filers, married couples filing jointly, head of household filers and married couples filing separately. Bracket thresholds and standard deductions may differ by filing status.
Is Social Security income taxed in New Mexico?
New Mexico exempts Social Security income from state income tax for taxpayers whose adjusted gross income is under $100,000 (regardless of filing status). Taxpayers with AGI at or above $100,000 may owe New Mexico income tax on their Social Security benefits. Confirm current thresholds with the New Mexico Taxation and Revenue Department.
What is New Mexico's top income tax rate?
New Mexico's top marginal income tax rate is 5.9%, which applies to taxable income over $210,000 for single filers, over $315,000 for married filing jointly and head of household, and over $157,500 for married filing separately.
Does New Mexico conform to federal tax rules?
New Mexico uses federal adjusted gross income as the starting point for calculating New Mexico taxable income and conforms to the federal standard deduction. Some modifications apply, such as the Social Security income exemption for lower-income filers.
Does New Mexico have a local income tax?
No. New Mexico does not impose local or municipal income taxes. Only the statewide graduated income tax applies.
Official sources
- New Mexico income tax rates (tax year 2025): New Mexico Taxation and Revenue Department, as at Jul 16, 2026.
Reviewed by the CalculatorHub team, edited by James Graham, 11 June 2026. See our methodology. General information, not financial or tax advice.