New Mexico's Tax Package: Updates and Concerns from the Governor

1 min read
Source: KRQE News 13
New Mexico's Tax Package: Updates and Concerns from the Governor
Photo: KRQE News 13
TL;DR Summary

New Mexicans will receive another round of relief in the form of tax rebates, with single tax filers receiving $500 and married couples, heads of households, and surviving spouses receiving $1,000. The rebates will be automatic for those who have filed regular tax returns, while those who are not required to file income tax returns can apply for relief from a $15 million pool administered by the state's Human Services Department. The relief is part of a larger tax package, House Bill 547, which also includes a boost in child income tax credits.

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