New Mexico Income Tax Table New Mexico Income Tax Brackets (Tax Year 2019)
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Tax Year 2019 / Filed April 2020

New Mexico - 2020 Single Tax Brackets
Tax Bracket Tax Rate
$0.00+ 1.7%
$5,500.00+ 3.2%
$11,000.00+ 4.7%
$16,000.00+ 4.9%
New Mexico - 2020 Married Filing Jointly Tax Brackets
Tax Bracket Tax Rate
$0.00+ 1.7%
$8,000.00+ 3.2%
$16,000.00+ 4.7%
$24,000.00+ 4.9%

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This page shows Tax-Brackets.org's archived New Mexico tax brackets for tax year 2019. This means that these brackets applied to all income earned in 2019, and the tax return that uses these tax rates was due in April 2020.

New Mexico's income tax brackets were last changed eleven years prior to 2020 for tax year 2009, and the tax rates were previously changed in 2008.

The latest available tax rates are for 2024, and the New Mexico income tax brackets have been changed since 2019.

2020 New Mexico Tax Deduction Amounts

Tax-Brackets.org also maintains an archive of important New Mexico income tax exemption amounts, including the New Mexico Standard Deduction, the New Mexico Personal Exemption, and the New Mexico Dependent Deduction. The values of these deductions for tax year 2019 are as follows:

Standard Deduction (Single) Standard Deduction (MFJ) Personal Exemption Dependant Exemption
$12,400.00 $24,800.00 $0.00 $4,000.00

New Mexico Income Tax Table 2020 Sources & Citations

Disclaimer: While we do our best to keep our historical New Mexico income tax rates up to date and complete, we cannot be held liable for errors or omissions. Is info on this page missing or out-of-date? Please let us know so we can fix it!

Tax Data Sources:

  1. The New Mexico tax brackets on this page sourced from the New Mexico Department of Revenue for 2020. Please contact us if any of our New Mexico tax data is incorrect or out of date.

** This Document Provided By Tax-Brackets.org **
Source: http://www.tax-brackets.org/newmexicotaxtable/2020