nmgenc nm1 new mexico corporate income and franchise tax ... filenew mexico corporate income and...

New Mexico Corporate Income and Franchise Tax ReturnNMGenC (2017)

General Information

Alternative Tax

Name

Address

Date

Change in federal income tax liability not reported to New Mexico

New Mexico gross sales if electing to use alternative tax schedule

General footnote

Reason for final return

If other than a corporation, legal entity type

State of commercial domicile

Date business began, if different from date of incorporation

Detail of change of members in combined group from the prior year

New Mexico corporate entity ID

Principal business activity

Telephone number

City, state, zip

Registered agent:

Immune from corporation income tax under P.L. 86-272

CRS identification number (xx-xxxxxx-xxx) 1

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3

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5

6

7

8 9 10

11

12

13

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19

NMGenC NM1

2017 CORPORATION / S CORPORATION17,3,0

New Mexico EstimatesNMEst (2017)

Overpayment Application

Estimates

Amount to round up each estimate

Application of current year overpayment

Amount to adjust current year liability (Code 2)

Next year estimates already paid:

2nd payment

4th payment

1st payment

Overpayment to be applied (Code 5 or 8)

Number of estimates desired, if other than four

3rd payment

Form CIT-ES and S-Corp-ES - declaration for next year

3rd payment

1st payment

4th payment

2nd payment

Amounts for next year's estimates (Code 5 or 9):

1

2

3

4

5

6

7

8

9

10

11

12

13

14

NMEst NM2


New Mexico AllocationNMAlloc (2017)

Nonbusiness Income

CIT-D Foreign Dividend Deduction Schedule (C Corp)

Nonbusiness Income

Allocated Income (S Corp)

Dividends

Rents

Passive income

Related Expenses

New Mexico

Interest

Total

Net capital gains

Gross Amount

Gain (loss) on sale of assets

Enter total amounts only if different from federal

Royalties

Other income

Net recognized built-in gain

Allocated to NM

Partnership income

More than 80 percent owned

20 to 80 percent owned

Less than 20 percent owned

Foreign Dividends:

1 2 3

4 5 6

7 8 9

10 11 12

13 14 15

16 17 18

19 20 21

22

23

24

25 26

27 28

29 30

NMAlloc NM3


New Mexico Net Operating LossNMNOL (2017)

Net Operating Loss

(Income Offset)

2012

Prior Year

Income (loss)

2014

PrecedingTax Year

Net operating loss footnote

2013

NOL Utilized

2016

2015

Use these fields to calculate the consolidated net operating loss deduction

Net operating loss established by another entity

1 2

3 4

5 6

7 8

9 10

11

12

13

NMNOL NM4


New Mexico CreditsNMCr (2017)

Nonrefundable Credits

Refundable Credits


Refundable Credits

Intergovernmental business tax credit

Rural job tax credit

Tech jobs and research and dev (additional) tax cr

Affordable housing tax credit

Electronic card-reading equipment tax credit

Job mentorship tax credit

Land conservation incentives tax credit

Blended biodiesel fuel tax credit

Sustainable building tax credit

Advance energy tax credit

Corporate-supported child care tax credit

Preservation of cultural property credit

Business facility rehabilitation tax credit

Agricultural water conservation tax credit

Renewable energy production tax credit

Geothermal ground-coupled heat pump tax credit

Agricultural biomass income tax credit

Film production tax credit

Veterans employment tax credit

Credit AmountApproval Number

Approval Number Credit To Refund

Technology jobs (additional) tax credit

Applied To Tax

New sustainable building tax credit

1 2

3 4

5 6

7 8

9 10

11

12 13

14

15 16

17

18

19 20

21 22

23 24

25 26

27 28

29 30

31 32

33 34 35

36 37 38

39 40 41

NMCr NM5


New Mexico AdjustmentsNMAdj (2017)

Additions and SubtractionsAdditions and Subtractions

Sale or Exchange of Section 179 Property (S Corp)

Gain (loss) reported separately from federal Schedule K, Line 17d (Force)

Interest income from municipal bonds

Interest from US government obligations

Captive REIT deductions (C Corp) 1

2

3

6

NMAdj NM6


New Mexico IRC Section 1377(a)(2) ElectionNM1377 (2017)

Allocation of Income


Calculate New Mexico 1377(a)(2) election

Other income (loss), Schedule K

Ordinary income (loss), Schedule K

Date of shareholder termination

Interest income from municipal bonds (excluding New Mexico bonds)

Allocated income

New Mexico allocated income

New Mexico taxable income

Allowable deductions, Schedule K

Interest from federally taxed New Mexico bonds

Interest from US government obligations

Veterans employment tax credit

Agricultural biomass income tax credit

Geothermal ground-coupled heat pump tax credit

Agricultural water conservation tax credit

Business facility rehabilitation tax credit

Corporate-supported child care tax credit

Advance energy tax credit

Sustainable building tax credit

Blended biodiesel fuel tax credit

Land conservation incentives tax credit

Job mentorship tax credit

Electronic card-reading equipment tax credit

Affordable housing tax credit

Technology jobs (additional) tax credit

Rural job tax credit

Intergovernmental business tax credit

Preservation of cultural property credit

New sustainable building tax credit

1

2 3

4

5

6

7

8

9

10

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12

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14

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18

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27

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57

NM1377 NM7


New Mexico S Corp Income and Franchise Tax ReturnNMGenS (2017)

General Information

Alternative Tax

Date business began, if different from date of incorporation

Name

General footnote

New Mexico gross sales if electing to use alternative tax schedule

Address

Date terminated in New Mexico

City, state, zip

Registered agent:

CRS identification number (xx-xxxxxx-xxx)

Immune from corporation income tax under P.L. 86-272

1

2

3

4

5

6 7 8

9

10

11

NMGenS NM8


New Mexico Direct Deposit and Electronic Funds WithdrawalNMBank (2017)

Account InformationAccount Information

Type of account

Account number

Name of financial institution

Routing transit number

Suppress direct deposit of refund

Non-US financial institution

1

2

3

4

5

6

NMBank NM9


New Mexico Penalties and InterestNMPen (2017)

General Information

Exception 2 Information



General Information




Suppress penalties on return:

FEIN

Prior year tax return filed

Prior year less than 12 months, if different from federal Screen Pen

Late interest

Underpayment of estimated tax

Failure to file and pay

Tax from year immediately preceding previous year

Income tax (Force)

Year immediately preceding the previous tax year less than 12 months

Prior year tax return filed

Period 1 Period 4Period 3

Prior year extended due date

Taxable income

Date return filed, if different from original due date

Period 2

Prior year tax

1

2

3

4

5

6

7

8

9

10

11

12 13 14 15

16 17 18 19

20 21 22 23

NMPen NM13


New Mexico Amended ReturnNMAmendC (2017)

General Information

Amounts as Previously Reported

Amended Amounts

Refund or overpayment applied to next year

Other

Reason for amended return

Transfer original information

Tax paid with (or after) original return

Interest

Overpayment to be applied

Penalty

1

2

3

4

5

6

7

8

NMAmendC NM14


New Mexico Amended ReturnNMAmendS (2017)

General Information


Amended Amounts

Explanation of changes

Refund or overpayment applied to next year



Penalty

Overpayment to be applied

Interest

1

2

3

4

5

6

7

NMAmendS NM15


New Mexico Payments and ExtensionNMPmt (2017)

Payments

Extension

Payments

Extension

3rd payment

Treat calculated amounts as paid

Calculated AmountAmount PaidDate Paid

Prior year overpayment

Calculate extension

Total, or

1st payment

Extended due date

2nd payment

Balance due on extension (Force)

Income tax withheld from pass-through entities

Reason for extension

Specific payments if unequal or not timely:

Extension signature

4th payment

Income tax withheld from oil and gas proceeds

Paid with extension

5th payment

Amounts withheld passed to owners (S Corp)

1

2

3

4 5 6

7 8 9

10 11 12

13 14 15

16 17

18

19

20

21

22

23

24

25

26

NMPmt NM16


New Mexico Separate Return Limitation YearsNMSRLY (2017)

Limitation Years

Member's Cumulative Contributions

2013

Tax Year

calculate net operating loss carryover amounts for consolidated and combined returns.

2014

Member's cumulative contribution to consolidated / combined net income (Force)

2015

2012

Preceding

2016

Enter an X to indicate a separate return limitation year. The program uses this information to

1

2

3

4

5

6

NMSRLY NM17


New Mexico Power of AttorneyNMPOA (2017)

Representative and Appointee Information

Tax Matters Information

Representative and Appointee Information

Tax Matters Information

Specific year(s)

Any year

Specify others

Income taxes

CRS taxes

All state taxes

Representative information

Only the first representative entered in this statement will be used on Form ACD-31102

1

2

3

4

5

6

7

NMPOA NM19


New Mexico RDP-41359 ReceivedNM41359 (2017)

Entity/Payer Information

Withholding Information

Tax year

Amounts entered here are NOT included in the calculation of the return

Net income from the pass-through entity

CRS identification number

Tax withheld

Federal employer identification number

City, state, zip code

Address

Name

Enter amount of income tax withheld from pass-through entities used as payment in Screen Pmt

All fields are used for electronic filing of Form RPD-41359 ONLY

Foreign country

Foreign province or state

Foreign postal code

1

2

3 4 5

6

7

89

10

11

12

13

14

NM41359 NM20


New Mexico Shareholders' Separately Stated ItemsNMKSep (2017)

Section A

AmountDescription

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3 4

5 6

7 8

9 10

11 12

13 14

15 16

17 18

19 20

21 22

23 24

25 26

27 28

29 30

31 32

33 34

35 36

37 38

39 40

NMKSep NM21


New Mexico Withholding PaymentsNMWHPmt (2017)

Payments

Extension

Extension signature

Reason for extension

Balance due on extension (Force)

Extended due date

Paid with extension

Reason for refund of overpayment1

2

3

4

5

6

NMWHPmt NM23


New Mexico Annual Withholding ReturnNMWH (2017)

General InformationGeneral Information

General footnote

Contact person, if different from federal Screen Contact:

First name

Last name

Phone number

Email address

1

2

3

4

5

NMWH NM24


New Mexico Withholding Penalties and InterestNMWHPen (2017)


Date return filed, if different from original due date

Failure to file and pay

Late interest

Suppress penalties on return:1

2

3

NMWHPen NM25


New Mexico Amended Withholding ReturnNMWHAmnd (2017)

General Information


Amended Amounts

Explanation of changes



Penalty

Interest

Refunds received

1

2

3

4

5

6

NMWHAmnd NM26


New Mexico Electronic FilingNMELF (2017)


Additional Information Form RPD-41367 (S Corp)

Signature date, if different from federal Screen ELF

Requested payment date

Electronic funds withdrawal for returns:

Suppress New Mexico electronic file(s) when filing federal return electronically

Signature date, if different from federal Screen ELF

Suppress Form RPD-41367 electronic file when only filing Form S-Corp electronically


Electronic funds withdrawal for returns:

Suppress Form S-Corp when filing federal return electronically (S Corp)

Amount of tax payment (Force)



Electronic funds withdrawal for amended returns:

Electronic funds withdrawal for amended returns:




electronic transmission of my client's tax return to the New Mexico Taxation and Revenue Department, as applicable by law.

By using a computer system and software to prepare and transmit my client's return electronically, I consent to the disclosure of all information pertaining to my use of the system and software to create my client's return and to the

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8

9

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13

NMELF NM27


New Mexico 1099-MISC ReceivedNM1099 (2017)


Withholding InformationAmounts entered here are NOT included in the calculation of the return

Income

New Mexico identification number

Tax withheld



Address

Name

Enter amount of income tax withheld used as payment in Screen Pmt

All fields are used for electronic filing of Form 1099-MISC ONLY

Foreign country


Foreign postal code

Name control:

Force

Calculated Value

1

2

3 4 5

6

7

8 9

10

11

12

13

14

15

NM1099 NM30


New Mexico RPD-41285 ReceivedNM41285 (2017)


Withholding Information

Foreign postal code


Foreign country

All fields are used for electronic filing of Form RPD-41285 ONLY

Enter amount of income tax withheld from oil and gas proceeds used as payment in Screen Pmt

Name

Address



Tax withheld

CRS identification number

Gross oil and gas proceeds

Amounts entered here are NOT included in the calculation of the return

Tax year

1

2

3 4 5

6

7

89

10

11

12

13

14

NM41285 NM31


nmgenc nm1 new mexico corporate income and franchise tax ... filenew mexico corporate income and...

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