New Mexico income tax calculator

Estimate your New Mexico take-home pay after federal tax, FICA, and New Mexico income tax. New Mexico has a progressive state income tax. Set your salary and filing status to see the breakdown.

Your salary
Annual salary
$
Filing status
Take-home pay
$75,611
Federal
$13,170
FICA
$7,650
New Mexico
$3,569

New Mexico state income tax rates for 2026

New Mexico state income tax brackets for a single filer, 2026 tax year
Taxable income (single filer) New Mexico rate
$0 to $5,500 1.5%
$5,500 to $16,500 3.2%
$16,500 to $33,500 4.3%
$33,500 to $66,500 4.7%
$66,500 to $210,000 4.9%
$210,000 and above 5.9%
  • New Mexico has 6 tax brackets, running from 1.5% to 5.9%.
  • The top 5.9% rate applies to single-filer taxable income above $210,000.
  • Married-filing-jointly brackets are approximated by doubling single thresholds; actual joint schedules may differ.
  • The model uses a New Mexico standard deduction of $16,100 for a single filer and $32,200 filing jointly.

Frequently asked questions

Tax and financial planning in one place