Joseph Montoya Building
1100 St. Francis Drive
Santa Fe, NM 87505
New Mexico Taxation
and Revenue Department
DISTRICT TAX OFFICES:
DISTRICT TAX OFFICES:DISTRICT TAX OFFICES:
DISTRICT TAX OFFICES:
New Mexico offers free state income
tax help and filing service to low-
income filers at these TRD district tax
offices:
1. District A (Santa Fe) (505) 827
(505) 827(505) 827
(505) 827-
--
-
0951
09510951
0951
2. District B:
(Albuquerque) (505) 841
(505) 841(505) 841
(505) 841-
--
-6200
62006200
6200
(Farmington) (505) 325
(505) 325(505) 325
(505) 325-
--
-5049
50495049
5049
3. District C (Las Cruces) (575) 524
(575) 524(575) 524
(575) 524-
--
-
6225
62256225
6225
4. District D (Roswell) (575) 624
(575) 624(575) 624
(575) 624-
--
-6065
60656065
6065
VITA (IRS):
VITA (IRS):VITA (IRS):
VITA (IRS):
The Internal Revenue Service provides
electronic filing and tax-help programs
through VITA
VITAVITA
VITA (Volunteer Income Tax
Assistance). The IRS-trained volun-
teers prepare basic income tax re-
turns free of charge for people with
low-to-moderate income and for non-
English speakers, the disabled, or the
elderly. The volunteers are trained in
New Mexico tax issues too. Call toll
toll toll
toll
free 800
free 800free 800
free 800-
--
-829
829829
829-
--
-1040
1040 1040
1040 to learn about
VITA tax-preparation sites near you.
During income tax season your New
Mexico district tax office (see tele-
phone numbers above) has a list of
VITA sites in your area.
AARP’S TAX
AARP’S TAXAARP’S TAX
AARP’S TAX-
--
-AIDE PROGRAM:
AIDE PROGRAM:AIDE PROGRAM:
AIDE PROGRAM:
Tax
TaxTax
Tax-
--
-Aide
Aide Aide
Aide is a non-profit, confidential
Important Telephone Numbers for New Mexico Senior Tax Help
Revised 10/10
Tax Information
for
New Mexico’s
Senior Citizens
New Mexico Taxation
and Revenue Department
Tax Information
& Policy
tax assistance program operated by
the American Association of Retired
Persons (AARP).
Tax-Aide prepares returns and an-
swers tax questions for all taxpayers
of middle and low income with special
attention for those 60 years old and
older. The service is available annually
February 1-April 15. If you have a com-
plex tax return, AARP advises you to
seek professional tax assistance.
To find a Tax-Aide site near you, call
toll free 888
toll free 888toll free 888
toll free 888-
--
-227
227227
227-
--
-7669
7669 7669
7669 or visit the
web site at www.aarp.org/taxaide
.
WHAT TO TAKE WITH YOU:
WHAT TO TAKE WITH YOU:WHAT TO TAKE WITH YOU:
WHAT TO TAKE WITH YOU:
When you go to any tax volunteer for
help, the process is easy if you take:
♦
Current tax forms and booklet;
♦
Last year’s tax returns;
♦
W-2 and W-2p forms from each
employer if you earned a salary;
♦
SSA-1099 form if you received
social security benefits;
♦
All 1099 forms for dividends,
interest or other payments;
♦
1099-R forms for pension or an-
nuity paid to you;
♦
Receipts and canceled checks if
you are itemizing deductions.■
As a resident of New Mexico you must file a
New Mexico personal income tax return if the Internal
Revenue Service (IRS) requires you to file a federal
return.
If you do not have to file a federal return be-
cause your income falls below IRS minimum require-
ments, you may want to file a New Mexico return any-
way to claim certain rebates and credits of interest to
seniors.
Rebates and Credits
New Mexico seniors
with a modified gross income*
of $22,000 or lower may qualify for the personal in-
come tax low-income comprehensive tax rebate and
the property tax rebate (see “property tax” in this pam-
phlet) reserved for persons 65 or older. Check the in-
structions for the PIT-1-RC schedule to see if you are
eligible. The property tax rebate helps with tax billed on
your principal place of residence. It also helps to defray
your share of tax costs paid in rent for your principal
place of residence. The rebates can make a big differ-
ence for people on fixed incomes.
New Mexico seniors with at least $28,000 in
out-of-pocket medical expenses for themselves, their
spouses or their dependents during the tax year may
also claim a $2,800 tax credit.
Exemptions and Deductions
New Mexico income tax filers of any age may
claim a deduction for the prior tax year’s unreimbursed
and uncompensated medical expenses not already
itemized on the federal 1040 return. This deduction is
As a New Mexico resident at least
65 years old
you may claim
special in-
come tax and
property tax
benefits.
This brochure tells you
first what all seniors may claim on
New Mexico Personal Income Tax,
and second, what is available to
seniors who qualify for low-income
tax rebates and credits.
There also is important
information for seniors on prop-
erty tax unrelated to income tax
rebates and credits.
Finally, it contains infor-
mation on how to reach the Taxa-
tion and Revenue Department and
other resources ready to help you
when preparing your income tax
returns.
We include here only
general information. You will find
specific, detailed steps for certain
New Mexico deductions in the
appropriate tax form instructions.
What’s
Available and
How To Find It
not a rebate. It is for those who file a New Mexico
return and have tax due. See the instructions for
Form PIT-1.
There is also an exemp-
tion for low and middle income
taxpayers that is available to New Mexico filers of any
age. The amount of this exemption is based upon
the adjusted gross income and number of federal
exemptions.
All New Mexico seniors at least 65 years old
may claim a special exemption. See the instructions
for PIT-ADJ. The deduction is available even to those
whose federal adjusted gross income is as high as
$51,000 (if their filing status is married filing jointly,
head of household, or surviving spouse).
New Mexico also offers deductions on the
PIT-ADJ schedule for tax-exempt interest and divi-
dends, net operating losses, interest received on US
government obligations, certain railroad retirement
benefits, New Mexico Medical Care Savings Accounts,
and New Mexico Education Trust Board Accounts. You
may claim an additional deduction for net capital
gains you have already declared on your federal form.
See the directions for the PIT-1 general form and the
PIT-ADJ schedule of additions and deductions.
New Mexico seniors with at least $28,000 in
out-of-pocket medical expenses for themselves, their
spouses or their dependents during the tax year may
exempt up to $3,000 in income from New Mexico
income tax. This exemption is in addition to the
$2,800 tax credit discussed earlier in this brochure.
*
Modified gross income includes income from most — but not all —
sources. Check the PIT-1-RC instructions.
Joseph Montoya Building
1100 St. Francis Drive
Santa Fe, NM 87505
New Mexico Taxation
and Revenue Department
New Mexico exempts the income of persons at
least 100 years old from income tax. See Bulletin
B-300.3 for more information — especially impor-
tant for joint filers.
Property Tax
Although New Mexico offers property
tax rebates for certain New Mexico personal in-
come tax (PIT) filers, the property tax and the
personal income tax remain separate taxes. See
the PIT information at left for income tax deduc-
tions and rebates.
The PIT-1-RC instructions have more
information about low-income property tax re-
bates for seniors.
The county where you live administers
the property tax on your residence and other real
property. Check the blue
Check the blueCheck the blue
Check the blue-
--
-trimmed pages of your
trimmed pages of your trimmed pages of your
trimmed pages of your
local telephone directory for your county asses-
local telephone directory for your county asses-local telephone directory for your county asses-
local telephone directory for your county asses-
sor’s telephone number
sor’s telephone numbersor’s telephone number
sor’s telephone number.
..
.
To keep tax costs down for seniors:
beginning with the 2001 property tax year, the
tax valuation of a single-family, owner-occupied
residence whose owner is at least 65 years old
with modified gross income* of $18,000 or less
may not be greater than its 2001 valuation or its
valuation in the year the owner reaches 65.
File personal income tax online at
www.tax.newmexico.gov. Choose “online ser-
vices”.■
