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New Mexico Sales Tax Calculator

Calculate sales tax for purchases in New Mexico (NM).

State Tax Rate

4.9%

Avg. Local Rate

2.8%

Combined Rate

7.7%

US Sales Tax Calculator

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Sales Tax in New Mexico

New Mexico levies a state sales tax rate of 4.9% on most retail purchases of tangible personal property and select services. Local jurisdictions may add their own taxes, bringing the average combined rate to 7.7%. Actual local rates vary by city and county, so the total tax on a given purchase depends on where the transaction takes place.

Common exemptions in many states include groceries, prescription drugs, and certain medical equipment, though specific exemptions vary. Businesses selling taxable goods or services in New Mexico must register for a sales tax permit and collect tax at the point of sale. Online sellers with sufficient economic nexus in New Mexico are also required to collect and remit sales tax.

Frequently Asked Questions

What is the sales tax rate in New Mexico?
The state sales tax rate in New Mexico is 4.9%. When combined with the average local rate of 2.8%, the typical combined sales tax rate is 7.7%.
Does New Mexico have local sales taxes?
Yes, localities in New Mexico can impose additional sales taxes. The average local rate is 2.8%, but the actual rate depends on the specific city or county where the purchase is made. Combined with the state rate of 4.9%, the average total is 7.7%.
What items are exempt from sales tax in New Mexico?
Sales tax exemptions in New Mexico vary but commonly include prescription medications and certain medical devices. Many states also exempt or reduce the rate on groceries, clothing, and other essential items. Check with the New Mexico Department of Revenue for a complete list of exempt items.
How do I file sales tax in New Mexico?
Businesses registered to collect sales tax in New Mexico must file returns with the state's Department of Revenue on a monthly, quarterly, or annual basis depending on the volume of sales. Returns typically include the total taxable sales, the tax collected, and any allowable deductions or credits.

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