Any individual sixty-five years of age or older or who, for federal income tax purposes, is blind may claim an exemption in an amount specified in Subsections A through C of this section not to exceed eight thousand dollars ($8,000) of income includable except for this exemption in net income. Individuals having income both within and without this state shall apportion this exemption in accordance with regulations of the secretary: A. for married individuals filing separate returns, for any taxable year beginning on or after January 1, 1987: If adjusted gross income is: The maximum amount of exemption allowable under this section shall be: Not over $15,000 $8,000 Over $15,000 but not over $16,500 $7,000 Over $16,500 but not over $18,000 $6,000 Over $18,000 but not over $19,500 $5,000 Over $19,500 but not over $21,000 $4,000 Over $21,000 but not over $22,500 $3,000 Over $22,500 but not over $24,000 $2,000 Over $24,000 but not over $25,500 $1,000 Over $25,500 B. for heads of household, surviving spouses and married individuals filing joint returns, for any taxable year beginning on or after January 1, 1987: If adjusted gross income is: The maximum amount of exemption allowable under this section shall be: Not over $30,000 $8,000 Over $30,000 but not over $33,000 $7,000 Over $33,000 but not over $36,000 $6,000 Over $36,000 but not over $39,000 $5,000 Over $39,000 but not over $42,000 $4,000 Over $42,000 but not over $45,000 $3,000 Over $45,000 but not over $48,000 $2,000 Over $48,000 but not over $51,000 $1,000 Over $51,000 C. for single individuals, for any taxable year beginning on or after January 1, 1987: If adjusted gross income is: The maximum amount of exemption allowable under this section shall be: Not over $18,000 $8,000 Over $18,000 but not over $19,500 $7,000 Over $19,500 but not over $21,000 $6,000 Over $21,000 but not over $22,500 $5,000 Over $22,500 but not over $24,000 $4,000 Over $24,000 but not over $25,500 $3,000 Over $25,500 but not over $27,000 $2,000 Over $27,000 but not over $28,500 $1,000 Over $28,500 History: 1978 Comp., § 7-2-5.2, enacted by Laws 1985, ch. 114, § 1; 1987, ch. 264, § 6. Applicability. — Laws 1987, ch. 264, § 27 made the provisions of Sections 6 and 7 and Subsection B of Section 25 of the act applicable to taxable years beginning on or after January 1, 1987. Am. Jur. 2d, A.L.R. and C.J.S. references. — 71 Am. Jur. 2d State and Local Taxation §§ 334, 464. 85 C.J.S. Taxation §§ 1736 and 1737.
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