New Mexico Tax Rate 2025. How does new mexico’s tax code compare? You can quickly estimate your new mexico state tax and federal tax by selecting the tax year, your filing status, gross income and gross expenses, this is a great way to compare salaries in new mexico and for quickly estimating.
New mexico has an income tax with a top rate of 5.9%, but the state waives your income taxes if you reach 100 years of age. Are you earning 25,000.00 per year in new mexico?
