New Mexico Department of Taxation and Revenue
New Mexico

This rental tax rebate is for property tax billed or rent paid on a person's principal place of residence in New Mexico. The rebate is reserved for people older than 65, who have a modified gross income of $16,000 or less. The maximum credit that individuals can receive is $250 for single filers and $125 for married taxpayer filing a separate return.

Funding Source
Tax expenditure
Program Status
Active
Website
https://www.tax.newmexico.gov/governments/municipal-county-governments/property-tax-rebate-for-personal-income-tax/
Contact
Department of Taxation and Revenue Department of Taxation and Revenue [email protected] 1-866-285-2996
Amount Provided
Maximum amount is NA (NA).
Program Type
Tenant tax relief
Income Eligibility Threshold
$20,000 or less
Info Source
NLIHC internet research
Last Updated
8/10/23 17:00
Other Eligibility Requirements

Elderly

Amount Calculation Method

Based on income, rent, and/or property taxes up to a fixed maximum amount

Income Eligibility Threshold Detail

$16,000 or less