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Next IRS deadline:Extended 2025 tax returns due ·

2026 tax year · updated

New Mexico income tax calculator

New Mexico has a graduated income tax with 6 rates from 1.5% to 5.9%; the top rate starts at $210,000 of taxable income for single filers. Estimate your federal and New Mexico income tax, and your refund, below.

$
Filing status
Other income, children, overtime and withholding

Overtime premium = the half in time-and-a-half, about a third of your time-and-a-half overtime pay. Not sure? Use the no tax on overtime calculator.

Total income tax 2026

13.4% effective

$75,000 income · Single · New Mexico

$10,029

Add your withholding under “Other income, children, overtime and withholding” to see your refund or amount owed.

Federal income tax
$7,670
State income tax
$2,359

Social Security and Medicare on wages are withheld separately and are not part of income tax.

How your income is taxed (federal)

  • 10% on $12,400$1,240
  • 12% on $38,000$4,560
  • 22% on $8,500$1,870

Federal taxable income after the standard deduction: $58,900.

What this estimate assumes
  • Standard deduction (no itemizing)
  • No child tax credit
  • Other income taxed at ordinary rates (no qualified dividends or capital gains)
  • No local income tax
  • Excludes the 2025 law deductions for tips, overtime, seniors and car loan interest
  • Some New Mexico rules are simplified (see the state page)

Estimate for information only, not tax advice. 2026 figures from IRS Rev. Proc. 2025-32 and state sources.

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New Mexico income tax at common incomes

Wages only, standard deduction, 2026. Federal + New Mexico tax; Social Security and Medicare not included.

New Mexico income tax by income
WagesState (single)Total (single)Total (married)
$40,000$753$3,373 (8.4%)$897
$60,000$1,654$6,674 (11.1%)$3,624
$75,000$2,359$10,029 (13.4%)$6,069
$100,000$3,569$16,739 (16.7%)$10,216
$150,000$6,019$30,753 (20.5%)$20,301
$250,000$11,158$62,912 (25.2%)$47,329

New Mexico brackets

1.5% over $0 · 3.2% over $5,500 · 4.3% over $16,500 · 4.7% over $33,500 · 4.9% over $66,500 · 5.9% over $210,000 (single).

How New Mexico taxes changed

For 2026, New Mexico raised the single standard deduction from $15,750 to $16,100. State tax on $85,000 of 1099 profit falls from $2,564 to $2,547 (−$16).

New Mexico income tax on $85,000 of 1099 profit
2025: $2,564$2,56420252026: $2,547$2,5472026
Take-home pay on a $75,000 salary
2025: $58,938$58,93820252026: $59,233$59,2332026
New Mexico income tax by year
20252026
Top income tax rate5.9%5.9%
Standard deduction (single)$15,750$16,100
State tax on $85,000 of 1099 profit$2,564$2,547
Take-home on a $75,000 salary$58,938$59,233

Each year uses that year's federal and New Mexico rules, so the take-home row also reflects federal changes. Federal changes · All data updates

What this estimate simplifies

  • In lieu of the suspended personal exemption, New Mexico offers a deduction of $4,000 for all but one of a taxpayer’s dependents.

Sources: New Mexico revenue department, Tax Foundation, State Individual Income Tax Rates and Brackets, IRS Rev. Proc. 2025-32. Methodology.

New Mexico income tax FAQ

What is the New Mexico income tax rate for 2026?

New Mexico has a graduated income tax with 6 rates from 1.5% to 5.9%; the top rate starts at $210,000 of taxable income for single filers. The top rate is 5.9%.

How much New Mexico income tax do I pay on $75,000?

About $2,359 for a single filer with $75,000 of wages in 2026, on top of $7,670 of federal income tax.

Does New Mexico have local income taxes?

No. New Mexico localities do not levy a separate income tax.