New Mexico 2019 Tax Rates

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2019 New Mexico Taxes

Withholding Requirements

  • Register as an employer on the New Mexico Taxation and Revenue website

  • Employee's Withholding Tax Exemption Certificate

    : Federal Form W-4

  • Withholding Method

    : Formula

  • Supplemental Rate

    : Withhold as for federal; withhold at 4.9% if flat rate for federal

Local Taxes

  • None

New Mexico State Unemployment Insurance (SUI)

  • New Mexico Wage Base

    : $24,800 for 2019

  • New Mexico SUI Rates range from

    : 0.33% to 6.4% for 2019
  • New Mexico new employer rate range from: 1.0% to 1.62% for 2019

New Mexico State Disability Insurance (SDI)

  • New Mexico employer SDI Rate

    : $2.00 per employee per quarter

  • New Mexico employee SDI Rate

    : $2.00 per quarter for 2019

New Mexico State Labor Laws

  • New Mexico Minimum Wage

    : $7.50 per hour for 2019

  • New Mexico Termination Pay

    :
    • Employee is fired — pay within 5 days
    • Employee quits — next regular payday

New Mexico New Hire Reporting

Remit Withholding for Child Support to

New Mexico Reciprocal States

  • None
Select yearCurrent New Mexico taxes
These free resources should not be taken as tax or legal advice. Content provided is intended as general information. Tax regulations and laws change and the impact of laws can vary. Consult a tax advisor, CPA or lawyer for guidance on your specific situation.