New Mexico 1099 Filing Requirements
All employers/payers must e-file 1099-R, W-2, and W-2G effective 1/1/2026 — no count threshold (NMSA 7-3-7 amended).
Filing requirements by form
| Form | Method | Deadline | Detail |
|---|---|---|---|
|
1099-INT
Interest income
|
CF/SF satisfies | Federal e-file deadline | View detail → |
|
1099-MISC
Miscellaneous information
|
CF/SF satisfies | Federal e-file deadline | View detail → |
|
1099-NEC
Nonemployee compensation
|
CF/SF satisfies | Federal e-file deadline | View detail → |
General notes
New Mexico participates in the IRS Combined Federal/State Filing Program (CF/SF) using state code 35, so opting in at the federal level forwards 1099-DIV, 1099-INT, 1099-K, 1099-MISC, 1099-NEC, 1099-R, W-2G and other CF/SF-eligible information returns to TRD. Filers can also (or instead) upload 1099 data directly to TRD's Taxpayer Access Point (TAP) at https://tap.state.nm.us using the IRS Publication 1220 specification. Effective January 1, 2026, all annual income and withholding statements (Forms W-2, W-2G, and 1099-R) reporting NM withholding must be submitted electronically regardless of employee count. The annual reconciliation Form RPD-41072 is kept in the filer's records and is not submitted to the Department.
Penalties
Quarterly withholding information return penalty (NMSA 7-3-13(D)): $50 per missed/non-electronic filing for any employer with more than 50 employees that fails to file the quarterly withholding information return on time or on a department-approved electronic medium.
Tax preparer e-file penalty (NMSA 7-1-71.4): $5 per personal-income-tax return filed in violation of the preparer e-file mandate (applies to preparers of more than 25 NM PIT returns; not directly a 1099 information-return penalty).
General late-filing / failure-to-pay civil penalties (NMSA 7-1-69): apply to the underlying withholding tax liability for late returns and payments.