Tax Rebates

Eligible Recipients To Get Tax Rebates Up To $1,000 Payments In New Mexico

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Eligible recipients expect tax rebates of up to $1,000 in New Mexico.

Tax Rebates
Eligible recipients expect tax rebates of up to $1,000 in New Mexico. (Photo: Forbes)

Eligible Recipients Will Get Another Round of Tax Rebates Up To $1,000

A new bill will provide several eligible recipients in New Mexico another round of tax rebates of up to $1,000 in direct payments, which will benefit low-income families to meet their basic needs.

The eligible recipients will get the tax rebates depending on their status, wherein the individual filers will receive $500 tax rebates while married couple filers will get $1,000 in direct payments.

According to The Gazette, eligible recipients who have moved to a different address are encouraged to update their current address in the Taxpayer Access Point portal or submit an updated Form RPD-41260, the Personal Income Tax Change of Address form, to have their address changed in the system.

READ ALSO: Before The End Of Session, Gov. Tim Walz Discussed Rebate Check And Other Taxes.

Eligible Recipients Encouraged to File Their Income Tax Return in 2021 to Get the Tax Rebates

Eligible recipients who successfully file their income tax return in 2021 will expect up to $1,000 in direct payments in mid-June, while those who fail to file their 2021 taxes will get the tax rebates in July.

Eligible recipients are encouraged to file their 2021 taxes until May 31 to qualify for the tax rebates.

READ ALSO: Taxpayers May Qualify To Claim Minnesota Tax Rebate Checks After Democrats Agreed On It