New Mexico 2022 Tax Rates

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2022 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 Wage / Bonus Rate

    : Withhold as for federal; withhold at 5.9% if flat rate for federal

New Mexico Local Taxes

  • None

New Mexico State Unemployment Insurance (SUI)

  • New Mexico Wage Base

    : $28,700 for 2022

  • New Mexico SUI rates range from

    : 0.33% to 6.4% for 2022

  • New Mexico new employer rate

    : 1.0% for 2022

  • New Mexico new Agriculture, Forestry, Fishing and Hunting employer rate

    : 1.08% for 2022

  • New Mexico new government Public Administration employer rate

    : 1.07% for 2022

New Mexico State Disability Insurance (SDI)

  • New Mexico employer SDI Rate

    : $2.30 per employee per quarter for 2022

  • New Mexico employee SDI Rate

    : $2.00 per quarter for 2022

New Mexico Family Leave Insurance (FLI)

  • None

New Mexico State Labor Laws

  • New Mexico Minimum Wage

    : $11.50 per hour

  • New Mexico Termination Pay

    :
    • Employee is fired — pay within 5 days. Task, piece, and commission must be paid within 10 days
    • Employee quits — pay 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.