Extensions available to taxpayers affected by South Fork & Salt fires

The Taxation and Revenue Department is allowing extensions for taxpayers affected by the South Fork and Salt fires disaster.

Extensions are currently available for one month. For example, someone with an estimated personal income tax or corporate income tax payment normally due on June 17, 2024, can have an extended due date of July 17, 2024.

Similarly, various business tax returns that were normally due on June 25, 2024, will now be due on July 25, 2024, for qualifying taxpayers.  

Affected taxpayers taking advantage of the state extension should send a letter notifying the Taxation and Revenue Department that they qualify for the extension and provide support that they are an affected taxpayer.

Information about who qualifies and other details is available in Tax Bulletin 100.43 available in the publications folder on the Forms & Publications page of tax.newmexico.gov.

Taxpayers can also complete Form RPD-41096, Extension of Time to File. A link to that form and other general information about tax extensions is available on the “Request an extension to file” page of the website.

Taxpayers may notify the Department before they file or after they receive a notice with late payment penalty and interest for returns that are covered by the extension.

The extension will result in no penalty being imposed for a late-filed return or a late payment. State law does not allow the Department to waive interest on late payments, however. 

Forms or letters may be emailed to the following addresses to expedite processing:

• Personal Income Tax: Trd.TaxReturnHelp@tax.nm.gov
• Corporate Income Tax: CIT.TaxReturnHelp@tax.nm.gov
• Gross Receipts Tax: GRT.TRDHelp@tax.nm.gov
• Withholding Tax: WHT.TRDHelp@tax.nm.gov
• Workers Compensation Tax: WKC.TRDHelp@tax.nm.gov
• Special Tax Programs: Other.Taxes@tax.nm.gov

They may also be mailed to P.O. Box 630, Santa Fe, New Mexico 87504-0630.