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Best answer by MarilynG

TurboTax fills out the PIT-RC for you.  The PIT-RC Rebate and Credit Schedule is a separate schedule to claim refundable credits.

 

The balance of any refundable credits, after paying all taxes due, is refunded to you.  

 

The form is filled out as you go through your New Mexico State interview.

 

Click the link for more info from the New Mexico Dept of Revenue on the PIT-RC

1 reply

MarilynG
MarilynGAnswer
Level 15
January 25, 2020

TurboTax fills out the PIT-RC for you.  The PIT-RC Rebate and Credit Schedule is a separate schedule to claim refundable credits.

 

The balance of any refundable credits, after paying all taxes due, is refunded to you.  

 

The form is filled out as you go through your New Mexico State interview.

 

Click the link for more info from the New Mexico Dept of Revenue on the PIT-RC

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