12. January 2012 16:35
Paychecks changed for New Mexico workers from Jan. 1, 2012
The withholding allowances for employee claims is $3,800 in year 2012 which is increased from $3,750 in year 2011. The The New Mexico income tax rates range from 1.7% to 4.9% and are levied on New Mexico residents’ income and non-residents’ income from New Mexico sources.
EzPayCheck payroll software includes this changes in its 2012 version.
- The new New Mexico 2012 Withholding Tables (Effective Jan 1, 2012) is available at:
- The old New Mexico Tax Tables can be found at: