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INSTRUCTIONS FOR 2006 PITCH SCHEDULE
NEW MEXICO NONREFUNDABLE CREDITS
GENERAL INFORMATION
New Mexico tax law provides for the ten
nonrefundable credits listed on 2006
Schedule PITCH. A nonrefundable
credit
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What is new mexico non-refundable credits?
New Mexico non-refundable credits are tax credits that can reduce the amount of tax owed, but cannot result in a refund.
Who is required to file new mexico non-refundable credits?
Taxpayers in New Mexico who are eligible for and wish to claim non-refundable credits must file them.
How to fill out new mexico non-refundable credits?
To fill out New Mexico non-refundable credits, taxpayers need to complete the appropriate forms and provide all necessary information and documentation.
What is the purpose of new mexico non-refundable credits?
The purpose of New Mexico non-refundable credits is to incentivize certain behaviors or activities by providing tax incentives.
What information must be reported on new mexico non-refundable credits?
Taxpayers must report specific information related to the non-refundable credits they are claiming, including details about the qualifying activity or expense.
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