Tax levied directly on the income earned is called as direct tax, for example Income tax is a direct tax. Tax Planning The tax calculation is based on the income slab rates applicable during that financial year. This page includes helpful information on personal taxes, including how to check the status of your return or refund, and how to set up a convenient account via our online Mass Tax Connect application. You can also access Department of Revenue (DOR) resources, such as tax forms, as well as references to additional tax help services. Nonresidents, including foreign nationals and persons who reside in states that do not have income taxes, must file here when they have a federal filing requirement and have income from any New Mexico source whatsoever. You must file Form PIT-1 to report and pay personal income tax. The rates vary depending upon your filing status and income. The top tax bracket is 4.9% The Department offers taxpayers the ability to file their tax return online. Online filing provides a faster turnaround time than filing a paper return. For example, if you are due a refund, it could reach you within two weeks. The Department allows taxpayers to check the status of their refunds online through the Taxpayer Access Point (TAP). The taxpayer must establish an online account to check the refund status.
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