Hundreds of Americans still qualify for stimulus check payments for the 2021 tax return. If you live in New Mexico, the Taxation Revenue Department announced a new deadline to claim a tax rebate payment.
Eligible New Mexicans can file the 2021 Personal Income Tax returns until May 31, 2024. Even if many taxpayers in New Mexico have already received tax rebates of up to $1,000, some have not done so yet.
Tax rebate payment amounts
If you are a single filer, you could receive up to $500. However, eligible married couples could get up to $1,000. Once you file your 2021 PIT return, you will not need to apply for the rebate.
Those New Mexicans who file and qualify will receive it automatically. I you are declared as dependent on another New Mexican return, you will not be eligible for this tax rebate.
According to the Taxation & Revenue Department in New Mexico, the 2023 Rebates for NM families will benefit a total of almost 1 million citizens whether they get a rebate or relief payment.
Can I get this rebate if I don’t normally file?
Even if you do not have an obligation to file this tax rebate, you should file a 2021 tax return in New Mexico before May 31, 2024. So, if you are not required to file a State income tax return, do so.
Bear in mind that low-income New Mexicans could get a relief payment instead of a tax rebate. What is more, you may also qualify for a refundable tax credit or rebate.
For example, some low-income taxpayers in New Mexico may qualify for the Low Income Comprehensive Tax Rebate too. Not having tax liability does not mean you could not get some money.
The Taxation & Revenue Department claims that some taxpayers may not want to file a return and they could apply. However, the funds for the HDS application will be limited. So, do not put it off and file before it is too late. Tell your friends about it if they have a low income and did not file a 2021 tax return.
