New Mexico State Business Tax Extension Filing Instructions
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Last modified 3/20/2023 6:30:59 AM EST |
Added by ExpressExtension Team
New Mexico doesn’t require businesses (Corporations, S-Corporations, partnerships) to file a separate Business Tax extension form if they have an approved federal extension from filing Form 7004. The extended deadline for your New Mexico return will be the same as the extended deadline for your Federal tax return
If you need additional time beyond the automatic 6 months, you can file a separate extension form that will give you a 60-day state extension with your initial application.
Extension Form to use
- Form RPD-41096, Application for Extension of Time to File.
Due date to file New Mexico tax Extension
| Business Type | Actual Due Date | Extension Period |
|---|---|---|
| Corporations, Partnerships, and fiduciaries | 15th day of the 3rd month following the close of the tax year. | 7-Month Extension |
New Mexico tax extension Filing Method (Paper/Electronic)
The state of New Mexico supports only the paper filing method.
How to pay the state tax due?
If you expect to owe tax when you file your return, the best policy is to make a payment by the actual due date of the return.
You can choose to make state tax extension payments using any of the following options:
- You can make an extension payment using payment vouchers- Use Forms CIT-EXT if you’re a Corporate, use Form S-Corp-EXT if you’re a Sub-chapter S Corporate or FID-EXT if you’re a fiduciary.
- Make an extension payment electronically.
Does ExpressExtension support this State filing?
No, currently, we do not support this state filing. If you are looking for an e-file solution for Federal Form 7004, you can file your extension and get approval within minutes with ExpressExtension. Please note: An New Mexico extension to file doesn’t mean more time to pay, if you owe any tax due, make your tax payment by the original due date of your state return to avoid late payment penalties.
Any Special Requirements?
The application Form RPD-41096 must be signed by the taxpayer or a duly authorized agent. If the taxpayer is unable to sign the application because of illness, absence, or other good cause, any person standing in a close personal or business relationship with him may sign the application. However, the signer must state the reasons for his signature and his relationship to the taxpayer.
For more information regarding New Mexico business state tax extension, click here.