New Mexico Income Tax Calculator (2026 Filing Season)
New Mexico 2025 brackets: 1.5%–5.9%, depending on income and filing status.
New Mexico restructured its brackets for 2025, cutting taxes for most low- and middle-income filers.
We subtract New Mexico's standard deduction ($15,000) automatically.
The same $75,000 income in a no-income-tax state (Texas, Florida, Tennessee…) would owe $0 in state income tax — a difference of $2,411 per year.
We only store your state and filing status — never your income.
New Mexico 2025 Tax Brackets
Single
| Taxable income over | Rate |
|---|---|
| $0 | 1.5% |
| $5,500 | 3.2% |
| $16,500 | 4.3% |
| $33,500 | 4.7% |
| $66,500 | 4.9% |
| $210,000 | 5.9% |
Married filing jointly
| Taxable income over | Rate |
|---|---|
| $0 | 1.5% |
| $8,250 | 3.2% |
| $24,750 | 4.3% |
| $50,250 | 4.7% |
| $99,750 | 4.9% |
| $315,000 | 5.9% |
Standard deduction: $15,000 (single) / $30,000 (married filing jointly) — subtracted automatically in the estimator above.
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These handle both your federal and New Mexico state return.
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Our complete New Mexico tax guide covers sales tax, property tax, deadlines, and key deductions.
Educational estimate only — excludes credits, itemized deductions, and local income taxes except where noted. 2025 tax-year data, verified 2026-06. Not tax advice; confirm with the New Mexico revenue department or a tax professional before filing.