2026 New Mexico paycheck guide
What this statewide profile models
State wage-tax treatment
The profile applies 6 configured statewide rate bands after modeled adjustments. It does not infer local taxes or unsupported credits.
Employee payroll items
The estimate lists New Mexico workers' compensation fee separately from state income tax.
401(k) treatment
Configured pretax 401(k) contributions reduce New Mexico taxable wages in this model, subject to the calculator limit and profile boundaries.
Planning focus
Test New Mexico dependent and filing-status inputs together, then verify credit eligibility with the linked official source.