Every New Mexico income tax bracket for 2026, exactly as published — with the standard deduction, the exemption credit, and a tool that finds your bracket and shows the tax slice by slice.
| Rate | Taxable income over | Up to | Cumulative tax at top of band |
|---|---|---|---|
| 1.5% | $0 | $5,500 | $83 |
| 3.2% | $5,500 | $16,500 | $435 |
| 4.3% | $16,500 | $33,500 | $1,166 |
| 4.7% | $33,500 | $66,500 | $2,717 |
| 4.9% | $66,500 | $210,000 | $9,748 |
| 5.9% | $210,000 | and above | — |
Brackets apply to taxable income — gross income minus the standard deduction. Both tables are printed in full on this page; the tabs only choose which you look at first.
Enter your New Mexico taxable income (after the standard deduction). Your bracket lights up in the table above, and your tax is broken into its slices.
Figure A The bracket staircase
The staircase: each step is one bracket. The tax climbs only inside the step you are standing on — moving into a higher bracket never taxes your earlier income at the higher rate.
| Taxable income (single) | New Mexico tax | Effective rate | Top (marginal) rate |
|---|---|---|---|
| $50,000 | $1,941 | 3.9% | 4.7% |
| $75,000 | $3,133 | 4.2% | 4.9% |
| $100,000 | $4,358 | 4.4% | 4.9% |
| $150,000 | $6,808 | 4.5% | 4.9% |
No material change to New Mexico's 2026 individual brackets or rates in the Tax Foundation 2026 table versus the restructured schedule in effect for 2025, and the Social Security exemption thresholds under the 2022 law remain $100,000 single / $150,000 joint — Tax Foundation, State Individual Income Tax Rates and Brackets, 2026; New Mexico Taxation and Revenue Department, Social Security Income Tax Exemption.
The state-specific rules behind the numbers above — the things a generic calculator gets wrong about New Mexico.
For a single filer in 2026, New Mexico taxes taxable income at 1.50% up to $5,500, 3.20% to $16,500, 4.30% to $33,500, 4.70% to $66,500, 4.90% to $210,000 and 5.90% above $210,000. New Mexico's standard deduction mirrors the federal one — $16,100 for a single filer in 2026 — rather than being a separate, smaller state amount.
Source: Tax Foundation, State Individual Income Tax Rates and Brackets, 2026
New Mexico allows a $4,000 deduction for each dependent, for all but one dependent. A family therefore does not multiply $4,000 by every dependent — the first dependent brings no extra deduction, and each additional dependent adds $4,000 on top of the standard deduction.
Source: Tax Foundation, State Individual Income Tax Rates and Brackets, 2026; New Mexico Taxation and Revenue Department
Under the 2022 law, Social Security income is fully exempt from New Mexico tax if adjusted gross income is $100,000 or less for single filers, $150,000 or less for married filing jointly, heads of household and surviving spouses, and $75,000 or less for married filing separately. Above the cap for your filing status there is no partial exemption — Social Security included in federal income is taxed by New Mexico in full.
Source: New Mexico Taxation and Revenue Department, Social Security Income Tax Exemption
The Low-Income Comprehensive Tax Rebate (LICTR) is New Mexico's signature broad relief for low-income residents: a refundable rebate, claimed on Form PIT-RC, for residents with modified gross income of $36,000 or less. The amount varies with income and the number of exemptions, up to $730, and because it is refundable it can be paid out even when it exceeds the filer's tax — but only if a New Mexico return is filed. New Mexico also has a Working Families Tax Credit equal to 25% of the federal Earned Income Tax Credit.
Source: New Mexico Taxation and Revenue Department, Low-Income Comprehensive Tax Rebate and PIT-RC guidance
New Mexico has no city or county income taxes. What looks like a local tax is the gross receipts tax (GRT): a tax on businesses' receipts from selling property and services, with state plus county and municipal increments that vary by location and are commonly passed through to customers on receipts. GRT is not an income tax, is not based on your pay and is not withheld from wages.
Source: Tax Foundation, State Individual Income Tax Rates and Brackets, 2026
For a single filer in 2026: 1.50% up to $5,500, 3.20% to $16,500, 4.30% to $33,500, 4.70% to $66,500, 4.90% to $210,000 and 5.90% above $210,000 of taxable income.
It depends on your income. Since 2022, New Mexico fully exempts Social Security if your adjusted gross income is $100,000 or less as a single filer, $150,000 or less married filing jointly, or $75,000 or less married filing separately. Above those caps there is no partial exemption — the benefits that were taxed federally become taxable by New Mexico too.
On $75,000 as a single filer, your New Mexico state income tax is $2,359, federal income tax is $7,670 and FICA is $5,738, for total tax of $15,767 and take-home pay of $59,233.
It is a refundable New Mexico rebate for residents with modified gross income of $36,000 or less, claimed on the PIT-RC rebate and credit schedule. The amount depends on income and the number of exemptions claimed, up to $730, and you can receive it even if it is larger than your New Mexico tax bill — but you must file a New Mexico return to get it.
New Mexico allows a $4,000 deduction for each dependent except one — in effect, every dependent after the first adds a $4,000 deduction on top of the standard deduction, which for 2026 mirrors the federal standard deduction of $16,100 for a single filer.
No — not on your wages. The local amounts added in Albuquerque, Santa Fe and elsewhere are local gross receipts taxes on businesses' sales and services, usually passed through on receipts. They are not a city or county income tax and are never withheld from a paycheck.
New Mexico income tax brackets for 2026 in full: every rate and threshold for single and joint filers, the $16,100 standard deduction, worked examples and a find-your-bracket tool.
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Every New Mexico income tax bracket for 2026, printed in full exactly as published: single and married-filing-jointly tables, the standard deduction, worked examples on taxable income, and a find-your-bracket tool that lights up your band and builds your tax slice by slice. Rates checked 31 October 2026; all figures are for the 2026 tax year.
On $100,000 of taxable income in New Mexico (single filer, 2026), the slice-by-slice tax is $4,358.00 — the top slice is taxed at 5.9%, but the effective rate on the whole $100,000 is far lower because the early slices are taxed at the bottom rates. A $100,000 salary is not $100,000 of taxable income: the $16,100 standard deduction comes off first, which is what the companion income calculator works through.
New Mexico taxes income in 6 bands from 1.5% to 5.9%. The standard deduction is $16,100.00 for a single filer (the federal amount — this state conforms to it). The tables are the state’s official 2026 schedules (sources printed on the page); cumulative tax at the top of each band is computed slice by slice from those rates. The federal comparison figures use IRS Rev. Proc. 2025-32.
For a single filer in 2026: 1.50% up to $5,500, 3.20% to $16,500, 4.30% to $33,500, 4.70% to $66,500, 4.90% to $210,000 and 5.90% above $210,000 of taxable income.
It depends on your income. Since 2022, New Mexico fully exempts Social Security if your adjusted gross income is $100,000 or less as a single filer, $150,000 or less married filing jointly, or $75,000 or less married filing separately. Above those caps there is no partial exemption — the benefits that were taxed federally become taxable by New Mexico too.
On $75,000 as a single filer, your New Mexico state income tax is $2,359, federal income tax is $7,670 and FICA is $5,738, for total tax of $15,767 and take-home pay of $59,233.
It is a refundable New Mexico rebate for residents with modified gross income of $36,000 or less, claimed on the PIT-RC rebate and credit schedule. The amount depends on income and the number of exemptions claimed, up to $730, and you can receive it even if it is larger than your New Mexico tax bill — but you must file a New Mexico return to get it.
New Mexico allows a $4,000 deduction for each dependent except one — in effect, every dependent after the first adds a $4,000 deduction on top of the standard deduction, which for 2026 mirrors the federal standard deduction of $16,100 for a single filer.
No — not on your wages. The local amounts added in Albuquerque, Santa Fe and elsewhere are local gross receipts taxes on businesses' sales and services, usually passed through on receipts. They are not a city or county income tax and are never withheld from a paycheck.
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