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Returning Member
posted Feb 2, 2021 2:08:46 PM

New Mexico State Income Tax - Medical Rebate for Non-Resident Status

I had gambling winnings in New Mexico as the sole source of New Mexico income. Turbo Tax calculated that I qualified for the New Mexico Medical Rebate of $2800.00 since I had enough medical deductions entered  on my federal income tax form? Is this accurate?

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1 Replies
Expert Alumni
Feb 3, 2021 3:21:04 PM

Yes. You may claim a New Mexico Medical Care Expense Deduction.

 

New Mexico says filers eligible for the credit include out-of-state residents with income tax responsibility to New Mexico. The deduction allows for a subtraction of up to 25% of paid medical expenses, depending on income and filing status.

 

Refer to line 16 instructions for Form PIT-1.