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I am active duty military & live in New Mexico. My home of record is also New Mexico. I filed with Turbo Tax, & they said I don't have to pay state taxes. Is that right?
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I am active duty military & live in New Mexico. My home of record is also New Mexico. I filed with Turbo Tax, & they said I don't have to pay state taxes. Is that right?
Yes - According to the New Mexico Department of Revenue - Active duty income earned by active duty members of the armed forces is exempt from New Mexico's personal income tax. File a PIT-1 resident tax return and use a PIT-ADJ schedule to deduct any military active duty pay.
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I am active duty military & live in New Mexico. My home of record is also New Mexico. I filed with Turbo Tax, & they said I don't have to pay state taxes. Is that right?
Yes - According to the New Mexico Department of Revenue - Active duty income earned by active duty members of the armed forces is exempt from New Mexico's personal income tax. File a PIT-1 resident tax return and use a PIT-ADJ schedule to deduct any military active duty pay.
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