Payroll Taxes

Learn more about keeping your business compliant with payroll tax requirements.

New Mexico Unemployment Tax Rules for Employers

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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