The Taxation and Revenue Department accepts many forms of payments for taxes due, but electronic payment is required in some tax programs. TAP is fast, easy, and electronic check payments are free. After you submit your payment information, you will receive an online confirmation. You can be sure your payment is there on time, while saving you time, money, a stamp or perhaps a trip to a tax office.
You also can make a payment with a Credit Card. However, credit card payments do incur a convenience fee. Electronic check payments from your checking account can be made at no charge.
Electronic Check payments can take multiple days to be fully processed. During that time your payment will show as pending. This payment option is only available for select tax programs. Fedwire is a payment service operated by the Federal Reserve System as a private wire network for transfers between financial institutions holding accounts at the Federal Reserve Bank.
You will need to provide your bank or computer programmer with the correct bank account information. E-file and e-pay mandates are in effect for a variety of tax programs.
Certain taxpayers with large tax liabilities must transmit their tax payments electronically or by another special payment method as prescribed by New Mexico Law Section If you are unable to pay the full amount owed, you can request a payment plan.
