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City of Santa Mexico City of Santa Fe, Fe, New Mexico Memorandum Me.omndumDATE:April 23, 2024TO:Governing Body, 6[IFTA\”[lf11 Bod: Maria Sanchez Tucker, Community Services Mail s.u:IMHO ii\”\'ACJ
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The State of New Mexico is a state located in the southwestern region of the United States, known for its diverse culture, history, and landscapes.
Individuals and businesses residing or earning income in New Mexico are generally required to file state tax returns, including residents, part-year residents, and non-residents with New Mexico source income.
To fill out the state tax forms for New Mexico, you should gather all necessary financial documents, use the appropriate forms provided by the New Mexico Taxation and Revenue Department, and follow the instructions specific to your filing situation.
The purpose of the State of New Mexico’s tax system is to generate revenue to fund state services, including education, public safety, and infrastructure.
Taxpayers must report their total income, deductions, credits, and any taxes owed or refund due on their New Mexico state tax returns.
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