Does New Mexico require you to file a business tax extension?

Q

Yes, If you were approved for a federal tax extension, then the State of New Mexico will automatically grant your business a 6 month income tax extension. If you do not have a valid Federal tax extension or only want to request an New Mexico tax extension, use Form RPD-41096 and get 60 days extension from the state of New Mexico. Make sure to submit Form RPD-41096 by the original due date of your New Mexico tax return.

Which business tax extension forms are required by the state of New Mexico?

Q

To request New Mexico business tax extension, use New Mexico Form RPD-41096 (Application for Extension of Time to File). If you show "good cause", New Mexico will also grant corporations an additional 60 day extension beyond September 15th. Use Form RPD-41096 to request an additional 60 day extension.

What is the deadline to file business tax forms with the state of New Mexico?

Q

The Business tax filing due by March 16, 2020 or by the 15th day of the 3rd month following the end of the taxable year (for fiscal year filers).

What is the extended deadline for business taxes in New Mexico?

Q

New Mexico extension offers an additional 6 months tax extension, which moves the filing deadline to September 15 (for calendar year taxpayers).

What payment options does the state of New Mexico offer?

Q

An extension of time to file only, it is not an extension of time to pay. Your New Mexico tax liability must be paid by the original due date to avoid penalties and interest. Corporations can use Form CIT-EXT to make a New Mexico extension payment. S corporations should use Form S-CORP-EXT to pay tax with their extension request.

To make an extension payment electronically, go to New Mexico Online Services: http://www.tax.newmexico.gov/Online-Services/default.aspx

Where do I mail New Mexico Extension Forms?

Q

Mail New Mexico Form RPD-41096 to the following address:

Taxation and Revenue Department,
P.O. Box 630,
Santa Fe, New Mexico 87504-0630

Mail New Mexico Form CIT-EXT with payment to the following address:

Taxation and Revenue Department,
P.O. Box 25127,
Santa Fe, NM 87504-5127

Mail New Mexico Form RPD-41096 to the following address:

New Mexico Taxation and Revenue Department,
P.O. Box 25127,
Santa Fe, NM 87504-5127

Published by ExpressExtension Support, ExpressExtension
Last modified 3/6/2020 6:45:10 AM EST