New Mexico Tax Department Updates 2026 Withholding Tax Filing Requirements for Employers, Taxpayers

The New Mexico Taxation and Revenue Department published updated withholding tax filing requirements for 2026. The publication outlines the procedures for employers, payers of pensions and annuities, and gambling establishments to report and pay withholding tax, including the use of specific forms (TRD-41414, TRD-41409, TRD-41431) and the electronic filing mandate, effective for filing periods starting on Jan. 1, 2026. [N.M. Tax’n & Revenue Dep’t, Quick Guide 17, 11/17/25]

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