You'll need to sign in or create an account to connect with an expert.
The income is reported on your New Mexico state income tax return. You have to pay NM taxes on the income.
You need to pay income tax to the state you lived in when you received the payments. If in 2024 you lived in NM and MO, you need file part- year resident return for both states and allocate the income.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
kejjp00
New Member
savianoab
New Member
Fufwat-nehxow-cegqa7
New Member
forologia45
Level 1
Rich59kelley
New Member