# 🇺🇸 2026 New Mexico Tax Overview

New Mexico applies a multi-stage progressive income tax structure that ranges comfortably across several distinct marginal brackets. Throughout the 2026 tax year, New Mexico’s state tax rates initiate at a baseline of 1.7% and progressively expand to a top tier ceiling of 5.9%.

[Official New Mexico Tax Authority](https://www.tax.newmexico.gov/)