New Mexico Paycheck Calculator 2026
State
New Mexico (NM)
Tax Type
Progressive Tax
State Tax Rate
1.70% to 5.90%
New Mexico State Income Tax Overview
New Mexico uses a progressive state income tax system with rates ranging from 1.70% to 5.90%. Higher earners pay a greater percentage on income above each bracket threshold.
How New Mexico Taxes Work in 2026
New Mexico uses a progressive income tax system with 5 tax brackets. Rates range from 1.70% to 5.90% for single filers. Under a progressive system, only the income within each bracket is taxed at that bracket's rate. The New Mexico state income tax brackets for single filers are: 1.70% on income from $0 to $5,901; 3.20% on income from $5,901 to $11,801; 4.70% on income from $11,801 to $19,601; 4.90% on income from $19,601 to $25,501; 5.90% on income over $25,501.
New Mexico Income Tax Brackets 2026 (Single Filers)
| Income Range | Tax Rate |
|---|---|
| $0 - $5,901 | 1.70% |
| $5,901 - $11,801 | 3.20% |
| $11,801 - $19,601 | 4.70% |
| $19,601 - $25,501 | 4.90% |
| Over $25,501 | 5.90% |