New Mexico 2025 Tax Brackets . Here are the new federal tax brackets for 2025—the standard New Mexico's tax system ranks 31st overall on the 2025 State Tax Competitiveness Index.New Mexico has a graduated state individual income tax with a top rate of 5.9 percent New Mexico 2025 Income Tax Calculator; New Mexico 2024 Income Tax Calculator; New Mexico 2023 Income Tax Calculator;
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