Form Pit-110 - Adjustments To New Mexico Income Page 2
Download a blank fillable Form Pit-110 - Adjustments To New Mexico Income in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form Pit-110 - Adjustments To New Mexico Income with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2Rev. 09/24/2013
PIT-110
ADJUSTMENTS TO NEW MEXICO INCOME
INSTRUCTIONS
Line 1
Enter total number of days worked outside New Mexico.
For example: If you have been assigned to temporary duty outside New Mexico where
supervision and control of your duties have also been temporarily transferred to a different
authority for work to be performed outside New Mexico, then these days are counted as days
outside New Mexico. If you are attending a training session outside New Mexico, these days
are not days outside New Mexico because supervision and control of your duties still remain
with your employer in New Mexico. Do not include leave days taken.
Line 2
Enter total working days during taxable year.
For example: If you work a normal five-day work week, enter 260 days (5 days x 52 weeks)
or if you work four days a week, enter 208 days (4 days x 52 weeks).
Line 3
Divide number of days worked outside New Mexico (line 1) by the number of total working
days (line 2). Enter this percentage on line 3. This calculates the percentage of days worked
outside New Mexico.
Lines 4 - 6
Compute the number of days earned for each type of leave.
Note: Use the number of days of leave earned, not taken.
Lines 7 - 9
Enter total number of days used for administrative leave, jury duty leave, bereavement leave,
and other leave days.
Line 10
Add lines 4 through 9 and enter total.
Line 11
Multiply the number of days entered on line 10 by the percentage calculated on line 3. Enter
the result as a whole number.
Line 12
Total days outside New Mexico (add lines 1 and 11) and enter total.
Line 13
Enter the total wages earned, box 1 of W-2.
Line 14
Figure your rate of pay per day (line 13 divided by line 2) and enter amount.
Line 15
Multiply the rate per day (calculated on line 14) by total days outside New Mexico (cal-
culated on line 12) to determine the wage amount that is not taxable in New Mexico.
Line 16
Subtract the amount calculated on line 15 from the amount entered on line 13 to compute New
Mexico Income. If the result is a negative number, enter zero. Add the amount to Schedule
PIT-B, column 2, line 1.
If more than one PIT-110 is used, add the amounts on line 16 and enter one total in column 2, line 1 of the PIT-B Schedule.
Also, mark checkbox on line 1a on the PIT-B to indicate PIT-110 was used in the calculation of wages on line 1, PIT-B.
THIS FORM MUST BE SUBMITTED TO THE DEPARTMENT WITH YOUR RETURN.
IF YOU E-FILE YOUR NM PIT-1 RETURN, SUBMIT FORM PIT-110 WITH FORM PIT-8453.
New Mexico Taxation and Revenue Department
Administrative Resolutions Services Bureau
P. O. Box 25122
Santa Fe, New Mexico 87504-5122
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form Pit-110 - Adjustments To New Mexico Income - New Mexico Taxation And Revenue Department
Financial
Form Rpd-41168 - Application For New Mexico Investment Credit - Shedule A - State Of New Mexico Taxation And Revenue Department
Financial
Related Categories
Parent category: Financial