Tax Preparer'S Guide For Income Tax Returns - 2015 Page 14
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Payments reported on the return that does not match payments in the TRD
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system.
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A poor quality printed form.
Failure to report all income from lines 1, 2, 3, and 7 on Schedule PIT-B, column
2, when the taxpayer is a New Mexico resident. This income must be allocated
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to New Mexico on PIT-B.
Submitting a duplicate return. Check the status of the original return before
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submitting a duplicate.
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Submitting amended returns without supporting schedules.
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Providing incorrect banking account information.
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Providing an incorrect mailing address.
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Not answering all questions to request a Refund Express direct deposit.
When a paper return does not include a 2D barcode, tax preparers not marking
the box to indicate they have an RPD-41338 on file. Pursuant to the tax
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preparer electronic filing mandate, TRD may impose a $5 penalty.
Paid tax preparers not completing the Paid preparers use only section on PIT-
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1, page 2.
Paid tax preparers not entering their complete Preparer’s PTIN in the Paid
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preparers use only section on PIT-1, page 2.
Making changes to a return with a 2D barcode without refreshing the return in
the software product to record the changes in the 2D barcode. For example, if
you enter direct deposit information on the return and print the return without
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refreshing it first, the direct deposit information is not added to the barcode.
Submitting forms from a software product that are drafts or unapproved.
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The medical expense deductions are reviewed by staff. If the medical expense
deduction does not further reduce a taxpayer’s taxable income, reporting the
medical expense deduction on the return will delay the taxpayers refund.
If TRD needs additional information to resolve a question or error on the return,
TRD may contact the taxpayer or paid tax preparer directly.
Amended Personal Income Tax Returns
Any changes to New Mexico taxable income, credits, or rebates, and changes to
federal taxable income require an amended New Mexico personal income tax return
for the same year. For tax years beginning January 1, 2005 or after, you must file
Form PIT-X for the applicable tax year. For tax years beginning before January 1,
2005, you must file amended returns using the forms for the appropriate tax year.
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