New Mexico Tax Calculator
New Mexico Income Tax Calculator 2025
Calculate your federal and New Mexico state income taxes for 2025.
State Tax Type
progressive
Top Rate
5.90%
Std Deduction (Single)
$14,600
Personal Exemption
None
Income Details
Enter your New Mexico income
$
New Mexico Tax Results
Federal + State taxes
Total Tax Liability
$16,532
Effective rate: 22.0%
Federal
$8,114
NM State
$2,680
FICA
$5,738
After-Tax Income
$58,468
$4,872/month
New Mexico Tax Breakdown
Gross Income$75,000
Federal Income Tax-$8,114
New Mexico State Tax-$2,680
FICA (SS + Medicare)-$5,738
Net Income$58,468
New Mexico Tax Brackets 2025
| Taxable Income | Tax Rate |
|---|---|
| $0 - $5,500 | 1.70% |
| $5,500 - $11,000 | 3.20% |
| $11,000 - $16,000 | 4.70% |
| $16,000 - $210,000 | 4.90% |
| $210,000 - + | 5.90% |