Form Cit-Ext - Corporate Income And Franchise Extension Payment Voucher

STATE OF NEW MEXICO

Corporate Income and Franchise Extension Payment Voucher

Purpose of this form. Use Form 2011 CIT-EXT to make an extension payment towards a 2011 corporate income and franchise tax

liability. An extension payment is made when either a federal automatic extension has been obtained or a New Mexico extension has

been obtained, and a payment towards the tax liability is made to avoid the accrual of interest. By obtaining an extension of time to file

your return, penalty for failure to file and pay is waived through the extension period, provided you file the return and pay the tax shown on

the return by the extended due date. Interest accrues even if the taxpayer obtains an extension of time to file and pay the return. Interest

is assessed daily at the quarterly rate established for individuals by the U.S. Internal Revenue Code on the amount of tax due. Annual

and daily interest rates for each quarter are posted on the Department web site, at

If you expect to owe more tax when you file your 2011 return, make a payment using the 2011 CIT-EXT payment voucher and avoid the

accrual of interest on the principal tax due. Submit the bottom portion of this page with the check or money order.

About the Application for Extension of Time to File.

•

Federal automatic extension filed. New Mexico recognizes and accepts an Internal Revenue Service automatic extension of

time to file. If you have obtained the federal automatic extension by filing Form 7004, Application for Automatic Extension of Certain

Business Income Tax for tax year 2011, you have the federal automatic extension period allowed by the IRS to file your New Mexico

return. You do not need to file Form RPD-41096, Extension of Time to File. Detach the bottom portion of this document and submit

it to the Department with your payment.

•

New Mexico extension request filed. If you expect to file your federal return by the original due date or by the federal automatic

extension of time to file allowed by the IRS, but need additional time to file your New Mexico return, you must obtain approval

through the state. To request approval, you must submit Form RPD-41096, Extension of Time to File, on or before the due date of

the return or the extended due date of the return. You may submit Form RPD-41096 at the same time you submit your extension

payment. Detach the bottom portion of this document and submit it to the Department with your extension payment.

MAIL TO:

New Mexico Taxation and Revenue Department

PO Box 25127

Santa Fe, NM 87504-5127

Note: When you provide a check as payment, you authorize the Department either to use information from your check to make a one-

time electronic fund transfer from your account, or to process the payment as a check transaction.

MAKE YOUR EXTENSION PAYMENT OVER THE INTERNET USING THE DEPARTMENT'S WEB SITE. By going to

mexico.gov and selecting "Online Services", you may make an extension payment by electronic check at no additional charge. An elec-

tronic check authorizes TRD to debit your checking account in the amount and on the date you specify. You may also pay using Visa,

MasterCard, American Express or Discover credit cards, however, a 2.49% convenience fee will be applied to these charges. The fee

is calculated on the amount of the transaction and will be used to pay charges by the credit card companies to the State of New Mexico

when you use your credit card as a form of payment. To file a New Mexico application for extension of time to file and pay, you must

submit paper Form RPD-41096.

Please detach the bottom portion before submitting to the Department with your payment.

2011 CIT-EXT

New Mexico Corporate Income and Franchise Tax

Extension Payment Voucher

CORPORATION'S NAME

FEDERAL EMPLOYER IDENTIFICATION NUMBER (FEIN)

MAILING ADDRESS

NEW MEXICO CRS IDENTIFICATION NUMBER

CITY, STATE AND ZIP CODE

, ,

Make your check or money order payable to:

AMOUNT ENCLOSED

New Mexico Taxation and Revenue Department

0 0

Using your own envelope,

mail payment and voucher to:

New Mexico Taxation and Revenue Department

P.O. Box 25127, Santa Fe, NM 87504-5127

Form Cit-Ext - Corporate Income And Franchise Extension Payment Voucher - 2011

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