Tax Bracket Calculator · New Mexico
New Mexico Tax Brackets 2026
Your income faces two sets of brackets: the 2026 federal brackets and New Mexico's state brackets. This page shows both, plus your real combined rate.
Data verified November 10, 2026 against official sources (see below).
Federal tax
$7,670
22.0% marginal · 10.2% effective
New Mexico tax
$2,680
4.9% marginal · 3.6% effective
Combined
$10,350
13.8% of gross income
| New Mexico rate | Income in bracket | Tax in bracket |
|---|---|---|
| 1.7% | $5,500 | $94 |
| 3.2% | $5,500 | $176 |
| 4.7% | $5,000 | $235 |
| 4.9% | $44,400 | $2,176 |
Federal and New Mexico tax at common incomes
Single filer, 2026 standard deduction, no credits. Your combined marginal rate is the federal bracket plus the New Mexico bracket on the same dollar.
| Gross income | Federal tax | New Mexico tax | Combined | Effective rate |
|---|---|---|---|---|
| $40,000 | $2,620 | $965 | $3,585 | 9.0% |
| $60,000 | $5,020 | $1,945 | $6,965 | 11.6% |
| $75,000 | $7,670 | $2,680 | $10,350 | 13.8% |
| $100,000 | $13,170 | $3,905 | $17,075 | 17.1% |
| $150,000 | $24,734 | $6,355 | $31,089 | 20.7% |
| $200,000 | $36,734 | $8,805 | $45,539 | 22.8% |
New Mexico 2026 brackets (single filer)
New Mexico taxable income after the $14,600 state standard deduction (single) falls into these brackets:
| Rate | Taxable income from | To |
|---|---|---|
| 1.70% | $0 | $5,500 |
| 3.20% | $5,500 | $11,000 |
| 4.70% | $11,000 | $16,000 |
| 4.90% | $16,000 | $210,000 |
| 5.90% | $210,000 | and up |
Compare other states
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Sources and how we calculate
Published by Financial Calculator. Editorial policy. Publisher attribution, not a claim of professional review.
New Mexico brackets and standard deduction come from the New Mexico revenue department's published 2026 figures (rolling verification recorded in our data files). City and county income taxes are not included.
- IRS Rev. Proc. 2025-32 — 2026 federal brackets and standard deduction
- SSA 2026 COLA fact sheet — Social Security wage base
Figures last checked on November 10, 2026. Read our calculation methodology for data sources and update schedule.
How We Calculate & Keep This Accurate
We subtract the 2026 standard deduction from gross income, walk the federal brackets, then apply the New Mexicostate standard deduction and brackets to the same income. The combined marginal rate adds both top rates because both taxes hit the same dollar. Credits, pre-tax deductions, and local taxes are not included; the paycheck calculator models those.
Published by Financial Calculator. Editorial policy. No named professional review is implied.
Data & Freshness
Figures reflect 2026 tax-year data.
Last updated November 10, 2026 · Maintained by the Financial Calculator editorial team.
Read our calculation methodology.
New Mexico tax bracket FAQs
Common questions about New Mexico and federal income tax brackets in 2026.