Calculate Your Take-Home Pay
$
Enter your salary information to see your take-home pay breakdown
New Mexico Tax Overview
Progressive Tax: 1.70% - 5.90%
New Mexico uses progressive tax brackets. Higher income is taxed at higher rates.
| Income Range | Rate |
|---|---|
| $0 - $5,500 | 1.70% |
| $5,500 - $11,000 | 3.20% |
| $11,000 - $16,000 | 4.70% |
| $16,000 - $210,000 | 4.90% |
| $210,000 - ∞ | 5.90% |
Standard Deduction (Single)
$14,600