Navigating state taxes can sometimes be confusing, especially when you’re expecting a refund. If you’ve filed your New Mexico State Tax return and are waiting for your refund, this guide will provide clarity on processing times and how to check your refund status efficiently. The New Mexico Taxation and Revenue Department is committed to processing returns and issuing refunds as quickly as possible, while ensuring accuracy and security.
Processing Times for Electronically Filed Returns
If you chose to file your New Mexico state tax return electronically, you can generally expect a faster processing time compared to paper returns. The Department typically aims to process electronically filed returns claiming a refund within 6 to 8 weeks. It’s important to note that this timeframe begins from the date your return is received and accepted by the Department.
Processing Times for Paper Returns
For those who prefer to file a paper tax return, or if electronic filing wasn’t an option, the processing time is slightly longer. Paper returns usually take 8 to 12 weeks to be processed by the New Mexico Taxation and Revenue Department. Just like with e-filed returns, this timeframe starts once the Department receives your paper return.
How to Check Your Refund Status Online
The most convenient and quickest way to check the status of your New Mexico state tax refund is online through the Taxpayer Access Point (TAP). This online portal allows you to get real-time updates without needing to register or create an account.
To check your refund status, you will need the following information:
- Your Social Security Number (SSN): Ensure you enter this correctly for accurate results.
- The Exact Amount of Your Refund Due: This amount is indicated on your tax return.
Simply visit the TAP website and enter the required information to instantly view your refund status. This online service is available 24/7, giving you access to information whenever you need it.
When to Contact the Department About Your Refund
It’s advisable to allow sufficient time for processing based on the timelines mentioned earlier before reaching out to the Department. Specifically:
- For electronically filed returns: Please wait at least 8 weeks from the filing date before inquiring.
- For paper returns: Please wait at least 12 weeks from the filing date before inquiring.
If you have waited the recommended time and your refund status is still not available online, or if you have further questions, you can:
- Visit the Taxpayer Access Point (TAP) website for more detailed information and FAQs.
- Contact the Department directly at (866) 285-2996 for assistance. When calling, ensure you have a copy of your tax return readily available, as this will help them assist you more efficiently.
Requesting Refunds for Prior Tax Years
If you need to request a refund for a tax year prior to the most recent one, you will need to complete Form RPD 41071. This form is specifically designed for refund requests from previous tax years. You can find and download Form RPD 41071 at RPD 41071. Follow the instructions provided with the form to ensure your request is processed correctly.
By understanding these processing timelines and utilizing the online resources available, managing your New Mexico state tax refund process can be straightforward and stress-free. Checking your refund status online is always recommended as the first step for the most up-to-date information.
