Waiting for your New Mexico Tax refund? It’s important to understand the typical processing times and how you can check the status of your refund. The New Mexico Taxation and Revenue Department aims to process refunds efficiently, whether you filed electronically or by paper.
New Mexico Tax Refund Processing Times
The Department generally processes electronically filed tax returns claiming a refund within 6 to 8 weeks. If you submitted a paper return, please allow 8 to 12 weeks for processing. Keep these timeframes in mind before inquiring about your refund status.
- Electronically Filed Returns: 6 to 8 weeks
- Paper Returns: 8 to 12 weeks
It’s wise to allow sufficient time for the Department to process your refund claim before checking its status or contacting them.
How to Check Your New Mexico Tax Refund Status Online
The quickest way to check the status of your New Mexico tax refund is online through the Taxpayer Access Point (TAP). This online service allows you to get real-time updates on your refund.
To check your refund status, you will need:
- Your Social Security Number (SSN)
- The exact amount of your refund
You do not need to register or create an account to use the TAP system for checking your refund status. Simply visit the website and enter the required information.
What to Do If You Haven’t Received Your Refund Within the Processing Time
If the standard processing time has passed and you are unable to find information about your refund status online, consider the following steps:
- Wait the Recommended Time: Before taking further action, ensure you have waited at least 8 weeks for electronically filed returns and 12 weeks for paper returns.
- Access Taxpayer Access Point (TAP): Visit the TAP website again to double-check your refund status. There might be updates or further information available online.
- Contact the Department: If you have waited the recommended time and still cannot track your refund, you can contact the New Mexico Taxation and Revenue Department directly at (866) 285-2996. When you call, have a copy of your tax return readily available, as you may need to provide information from it.
Requesting Refunds for Prior Tax Years
For refund requests from tax years prior to the most recent one, you will need to complete form RPD 41071. This form is specifically for requesting refunds from previous tax years. You can find and download form RPD 41071 and instructions on the New Mexico Taxation and Revenue Department website.
Understanding the processing timelines and utilizing the online tools available will help you stay informed about your New Mexico tax refund. Patience and utilizing the resources provided by the Department are key to a smooth refund process.