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New Mexico Unemployment Tax Rules for Employers

Filed under Payroll Taxes. Fact checked on February 8, 2013.

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Employers in New Mexico must comply with these unemployment tax rules.

Coverage: Any business that has at least one employee in each of 20 different weeks in either the current or preceding calendar year or that pays wages of at least $450 in a calendar quarter

Rates: 0.1% to 5.4% for 2013; 2.0% for new employers

Taxable Wage Limit: $22,900 for 2013

Employee Withholding: None

Administration:

Department of Workforce Solutions
P.O. Box 2281
Albuquerque, New Mexico 87103-2281
Telephone: (505) 841-8576

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