Monday, March 7, 2011



If you were approved for a federal tax extension, then the State of New Mexico will automatically grant you a 60 DAY tax extension. If you were not approved, or you need to request more time beyond the 60 days, you'll need to submit New Mexico Form RPD-40196 (PDF). If you were approved for a federal tax extension and you paid the return by the extended due date, you don't need to submit Form RPD-40196. Attach your federal extension when you file your state tax return.

Filing a New Mexico tax extension does not grant you extra time to pay any tax balance due. Your balance must be paid by April 15 to avoid possible penalties.

For more information, visit the State of New Mexico Department of Taxation and Revenue website.
http://www.tax.state.nm.us/forms/year09/individual.htm




The State of New Mexico will automatically grant your business a 60-day tax extension if it was approved for a federal tax extension. However, you will need to submit New Mexico Form RPD-40196 (PDF) if your business was not approved for a federal extension or if you need to request additional time to file. If you have successfully filed a federal tax extension (Form 7004) and you filed and pay the return by the extended due date allowed by the IRS, Form RPD-41096, does not need to be submitted.

Be sure to attach your federal extension when you file your state tax return.

Filing a New Mexico tax extension will not provide you with additional time to pay any tax balance due, which must be paid by April 15 or interest and other payment penalties may apply.

For additional information, please visit the State of New Mexico Department of Taxation and Revenue website.
http://www.tax.state.nm.us/BizPge.htm