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State of New Mexico Taxation and Revenue Department CRS1 LONG FORM PAGE 1 COMBINED REPORT SYSTEM Mail to: NM Taxation and Revenue Department, P.O. Box 25128, Santa Fe, NM 875045128 NEW MEXICO CRS
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The combined report system is a method of reporting financial information for multiple entities together as a group rather than individually.
Entities that are part of a combined group, as defined by tax regulations, are required to file a combined report system.
To fill out the combined report system, all relevant financial information for each entity in the combined group must be collected and consolidated into a single report.
The purpose of the combined report system is to provide a more accurate representation of the financial situation of a group of entities that are under common control.
The combined report system typically requires information such as income, expenses, assets, and liabilities for each entity in the combined group.
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