New Mexico 2025 Tax Brackets . 2025 Federal Tax Rate Schedule Sylas In 2025, the New Mexico state income tax rates range from 1.50% to 5.90% The New Mexico State Tax calculator is updated to include: The latest Federal tax rates for 2025/26 tax year as published by the IRS; The latest State tax rates for 2025/26 tax year and will be update to the 2026/2027 State Tax Tables once fully published as published by the various States
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