Property Tax Rebate for Personal Income Tax
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.
Contact
Department of Taxation and Revenue
Department of Taxation and Revenue
[email protected]
1-866-285-2996
Other Eligibility Requirements
Elderly
Funding Source
Tax expenditure
Amount Provided
Maximum amount is NA (NA).
Amount Calculation Method
Based on income, rent, and/or property taxes up to a fixed maximum amount