June is almost here, and with it will come a tax rebate payment of up to $1,000 for New Mexico residents.
New Mexico's Taxation and Revenue Department will send these payments to taxpayers who have filed their 2021 taxes. The value of the rebates will either be $500 for single filers or $1,000 for married taxpayers filing jointly, heads of household, and surviving spouses, according to a statement from Gov. Michelle Lujan Grisham's (D-NM) office.
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"Prices for basic necessities continue to be high across the nation," Grisham said. "Our state today is in a fantastic financial position, and it's important to me that New Mexico's families are sharing in that success."
Taxpayers who have moved to a different address since they filed their 2021 tax returns can update their address using the Taxpayer Access Point self-service portal on the state's Taxation and Revenue Department. Alternatively, they can also submit a change of address form to the state's Taxation and Revenue Department.
If a taxpayer has changed banking information after submitting a 2021 tax return, the recipient will get their rebate by mail.
Taxpayers who have already received a refund by direct deposit on their 2021 returns will receive this rebate by direct deposit as well. Those who did not get their 2021 returns by direct deposit will receive a check in the mail. The direct deposits will be issued first, and the paper checks will be mailed afterward.
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Taxpayers who have not yet filed their 2021 returns have until May 31, 2024, to do so.
Additional information regarding this payment can be found online on the state's Taxation and Revenue website.
Original Location: Stimulus check update: Direct tax rebate payments worth up to $1,000 to be sent next month
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