This New Mexico State Tax Calculator is used to calculate the taxes for the
New Mexico Withholding Tax and Unemployment Taxes
for both employee and employer.
State of New Mexico Payroll (New Mexico State Taxes):
New Mexico State Employee Withholding Tax. (EE pays these taxes)
New Mexico Employer Unemployment Tax. (ER pays these taxes)
New Mexico Unemployment Taxes
Employer (ER) pays State Unemployment Taxes (SUTA). If Employer has different experience rate based on SUTA claims and other factors, they pay a different rate from the default standard rate.
New Mexico State Reciprocity Agreement
New Mexico State does not have any Reciprocity Agreement with other states. In this New Mexico State tax calculator you can calculate the taxes with Resident Location as New Mexico and work location with all other 50 states. Basically you can estimate payroll taxes different combinations of residence/work area scenarios by using our payroll tax calculator
New Mexico Local Authority Tax
New Mexico State has no county level Tax.