Staff Reports
SANTA FE — The New Mexico Taxation and Revenue Department granted extensions to individuals and businesses harmed by flooding in September on Oct. 5.
The department is also waiving penalty and interest on the extended tax deadlines. This marks the first use of a new authority granted by House Bill 291 from the 2026 legislative session, which allows the department to waive interest when extensions are issued for good cause, such as natural disasters. Previously, state law prevented penalties from accruing, but interest was due when the department granted an extension.
“New Mexicans rebuilding after devastating floods in recent weeks may not have access to the records and systems needed to pay and file their taxes right now,” Taxation and Revenue Secretary Stephanie Schardin Clarke said. “This extension allows those taxpayers a grace period so they can focus on recovering.”
Extensions include the following tax programs with due dates after Sept. 30:
For gross receipts tax, compensating tax, withholding taxes, oil and gas taxes, combined fuel tax, and other excise taxes:
New due date: Jan. 25
Original due dates: Oct. 26; Nov. 25; and Dec. 28
For personal income tax:
New due date: Jan. 15
Original and previously extended due dates: Oct. 15
For estimated payments of income taxes:
New due date: Jan. 15
Original due date: Oct. 15
Taxpayers can request the extension by submitting form TRD-41432, Disaster Relief Extension Notification, to the department via email or mail. Taxpayers can request the extension before filing or after receiving a notice for late payment penalties and interest.
Taxpayers can also request a longer extension by submitting Form RPD-41096, Extension of Time to File.
Both forms can be found online at www.tax.newmexico.gov, under the Forms and Publications page, subfolder “Extensions.”
Taxpayers can email completed forms to tax.extension@tax.nm.gov or mail forms to P.O. Box 630, Santa Fe, N.M. 87504-0630.
For more information on disaster relief extensions, see department bulletins 100.49 and 100.43, found online at http://www.tax.newmexico.gov, under the Forms and Publications page, subfolder “Publications” then “Bulletins.”
