About NM Working Families Tax Credit
New Mexico's generous state EITC equals 25% of your federal Earned Income Tax Credit — one of the highest state matches in the nation! Refundable credit that puts cash back in your pocket even if you owe no taxes.
How to Apply in New Mexico
- Claim on your NM state tax return (Form PIT-1, Schedule PIT-RC)
- Must also file for federal EITC on your federal return
- NM credit is automatically 25% of your federal EITC amount
- Free tax filing help available through VITA sites statewide
- File even if you owe no taxes — the credit is fully refundable
Documents You May Need
- W-2 or 1099 forms
- Social Security numbers for all family members
- Federal tax return showing EITC
- Bank account info for direct deposit
Contact & Official Links
Phone: 1-505-827-0700
Official website: tax.newmexico.gov
See Everything You Qualify For in New Mexico
NM Working Families Tax Credit is one of many programs you may be eligible for. Beneify screens your household against the full program list — free, private, about 3 minutes.
Start Free Screening ›Frequently Asked Questions
How much is NM Working Families Tax Credit worth?
NM Working Families Tax Credit: Up to ~$1,950/year ($163/mo). Eligible households may receive a benefit worth up to ~$163 per month.
NM Working Families Tax Credit: Up to ~$1,950/year ($163/mo). Eligible households may receive a benefit worth up to ~$163 per month.
How do I apply for NM Working Families Tax Credit in New Mexico?
To apply: Claim on your NM state tax return (Form PIT-1, Schedule PIT-RC). Must also file for federal EITC on your federal return. NM credit is automatically 25% of your federal EITC amount. You can also call 1-505-827-0700. Official website: https://www.tax.newmexico.gov
To apply: Claim on your NM state tax return (Form PIT-1, Schedule PIT-RC). Must also file for federal EITC on your federal return. NM credit is automatically 25% of your federal EITC amount. You can also call 1-505-827-0700. Official website: https://www.tax.newmexico.gov
Who qualifies for NM Working Families Tax Credit?
New Mexico's generous state EITC equals 25% of your federal Earned Income Tax Credit — one of the highest state matches in the nation! Refundable credit that puts cash back in your pocket even if you owe no taxes. Final eligibility is determined by the program when you apply. Beneify's free screener can estimate your eligibility in about 3 minutes.
New Mexico's generous state EITC equals 25% of your federal Earned Income Tax Credit — one of the highest state matches in the nation! Refundable credit that puts cash back in your pocket even if you owe no taxes. Final eligibility is determined by the program when you apply. Beneify's free screener can estimate your eligibility in about 3 minutes.