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New Mexico state income tax rates and brackets 2026

Quick answer

New Mexico taxes income in 6 brackets from 1.50% to 5.90% for 2026; for single filers the top rate starts above $210,000. The single-filer standard deduction is $16,100, per the Tax Foundation's compilation of state law as of January 1, 2026.

✓ Tax Foundation (state statutes, Jan 1 2026)

Data as of 2026-01-01. Source: Tax Foundation (state statutes, Jan 1 2026)

Single rateSingle: income overMarried-joint rateMarried-joint: income over
1.50%$01.50%$0
3.20%$5,5003.20%$8,000
4.30%$16,5004.30%$25,000
4.70%$33,5004.70%$50,000
4.90%$66,5004.90%$100,000
5.90%$210,0005.90%$315,000

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Last updated 2026-10-16. Data only, not financial or tax advice.

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