Instructions Draft For Pit-1 - New Mexico Personal Income Tax Return - 2013 Page 5
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44institution for more than six months
name if that person is not required
in New Mexico for at least 185 days.
Military personnel and qualifying
of the tax year.
to be entered on the federal or New
Mexico return. A personal representa-
servicemember’s spouses who are
You may also use Schedule PIT-RC
tive can be an executor, administrator,
temporarily assigned to New Mexico,
if you are eligible to claim any of the
or anyone in charge of the deceased
but who have established residence
following:
taxpayer’s property.
in another state, claim non-resident
filing status.
• Refundable medical care credit for
If a taxpayer did not need to file a fed-
persons 65 or older,
eral return, but New Mexico income
NOTE: Except for certain military per-
• Special needs adopted child tax
tax was withheld, the representative
sonnel, certain military spouses and
credit,
DRAFT 1.2
must file a New Mexico return to claim
first-year residents, you must indicate
• Renewable energy production tax
R in the Residency status box 1e on
a refund. File a joint New Mexico return
credit, or
if a joint federal income tax return was
PIT-1, page 1 if you were physically
filed for the deceased taxpayer and the
present in New Mexico for more than
• Refundable portion of film produc-
surviving spouse.
185 days during the tax year. For in-
tion tax credit.
come tax purposes you are a resident
10-08-2013
of New Mexico.
The filing date for the return of a de-
There are other eligibility requirements
ceased taxpayer is the same as if the
for various refundable rebates and
taxpayer had lived.
Taxpayers Domiciled in Another
credits. For details, see the specific
State and Filing a PIT-1 Return as
line item in the Schedule PIT-RC in-
The person filing the return for the
Residents of New Mexico. If you are
structions.
deceased enters the month, day, and
required to file a New Mexico personal
year of death on PIT-1, page 1, line 1f
income tax return as a New Mexico
Royalty Income of Non-Residents
or 2f. Enter the claimant’s name and
resident, but you are also required to
Non-resident taxpayers who elect
social security number on lines 4a and
file and pay tax to another state be-
to compute tax on gross royalty in-
4b only if the refund check must be
cause your domicile is in another state,
come under $5,000 instead of filing a
made payable to someone other than
complete Schedule PIT-B to allocate
complete PIT-1 return and Schedule
the surviving spouse or to the estate
and apportion your income to New
PIT-B must mark the box on line 18a
Mexico. Then, claim a credit for taxes
of the taxpayer.
of the PIT-1 with a Y, instead of an R
paid to another state on PIT-1, line 20,
for computing tax using the rate table,
If the return shows an overpayment,
for income taxed by both states.
or B for computing tax using Schedule
and you are a court-appointed or certi-
PIT-B. The indicator lets the Depart-
fied personal representative requiring
Refunds, Rebates, and Credits
ment know you have gross royalty
Even if you are not required to file a
the refund to be made payable to you,
income from New Mexico sources of
enter the claimant’s name and social
return, you should file for a refund if
less than $5,000; you do not have any
security number. Attach the following
New Mexico income tax was withheld.
other income sourced to New Mexico;
to the taxpayer’s refund claim:
You also may qualify for one or more
and you have elected to compute New
credits or rebates offered by New
Mexico income tax due based on the
•
Form RPD-41083, Affidavit to Ob-
Mexico. Attach Schedule PIT-RC if
gross royalty income received.
tain Refund of New Mexico Tax Due
you are eligible to claim the low income
a Deceased Taxpayer, and
comprehensive tax rebate, the prop-
To complete the PIT-1 return using this
•
A copy of the death certificate or
erty tax rebate for persons 65 years of
election, complete lines 1 through 8,
other proof of death.
age or older, an additional low income
17, 18, 22, and 23 and lines 26 through
property tax rebate for Los Alamos or
41. You must leave lines 9 through 16a
Pass-Through Entities and S Cor-
Santa Fe County residents, or New
blank. Enter your total gross royalty
porations
Mexico child day care credit.
income from New Mexico sources
Partnerships and other pass-through
on line 17 and follow the instructions
non-corporate entities, including lim-
General qualifications for an indi-
for lines 18, 22, and 23 and lines 26
ited liability partnerships (LLPs) and
vidual claiming these credits or rebates
through 41. When you compute your
limited liability investment companies
are all of the following:
tax in this way, you cannot reduce your
(LLICs) are not subject to New Mexico
income by the standard deduction or
• You were a resident of New Mexico
personal income tax, but individual
exemption amounts or any credits.
during the tax year.
members of the partnership or compa-
ny are. If the entity has any partner or
• You were physically present in New
Representatives of Deceased Tax-
owner who is a New Mexico resident,
Mexico for at least six months dur-
payers
or if the entity has any income from
ing the tax year.
If a taxpayer dies before filing a return
New Mexico sources, it must provide
• You were not eligible to be claimed
for 2013, the taxpayer’s spouse or
to each partner or owner the informa-
as a dependent of another taxpayer
personal representative may need to
tion necessary to file a New Mexico
for the tax year.
file and sign a return for that taxpayer.
personal income tax return.
Do not enter the deceased taxpayer’s
• You were not an inmate of a public
PIT-1
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