New Mexicans can expect rebate checks as soon as next week
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SANTA FE, N.M. — Another round of tax rebate checks are on the way. New Mexicans can expect to get paid as soon as next week.
For those that use direct deposit, money is expected to hit accounts around June 21, according to state officials. Paper checks will go in the mail between June 20 and June 29.
This will be the second straight year that residents will receive rebates. This year, single filers will get $500. Joint filers will get $1,000.
The governor’s office says the state Taxation and Revenue Department will send out $673 million in rebates in total.
For any non-tax filers, a relief payment option will be available on a first-come, first-served basis through the state Human Services Department.
The New Mexico Legislature allocated $15 million for those relief payments. If you’re eligible, you will have to apply for that payment, which is expected to be sent in July.
HOW TO APPLY
Any New Mexico resident who filed a 2021 tax return in the state and wasn’t a dependent will receive the rebates automatically. There is no application to receive the rebates.
Taxpayers who received a refund by direct deposit on their 2021 return will receive the rebate by direct deposit. All others will receive it via a check in the mail.
The governor’s office says eligible New Mexico residents have until May 31, 2024, to file a 2021 tax return and still qualify for rebates.
Any taxpayer who moved to a different address since filing their 2021 return can update their address by clicking here or submitting a change of address form. The state tax department will send your rebate in the mail if your banking information has changed since filing the 2021 return.
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