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$500 Rebates: New Mexican Are About To Receive The Payments This June

Just in time for summer vacation, rebate checks could start hitting New Mexicans’ bank accounts by June.
$500 Rebates: New Mexican Are About To Receive The Payments This June (Photo by: MSN)

Just in time for summer vacation, rebate checks could start hitting New Mexicans’ bank accounts by June.

Just in time for summer vacation, rebate checks could start hitting New Mexicans’ bank accounts by June.

$500 Rebates: New Mexican Are About To Receive The Payments This June (Photo by: MSN)

Mexican Rebates

The state Taxation and Revenue Department (TRD) will send rebates of $500 to single filers and $1,000 will be sent to married taxpayers filing jointly, heads of household, and surviving spouses. Any New Mexico resident who filed a 2021 New Mexico Personal Income Tax return and who was not declared as a dependent on another taxpayer’s return will receive the rebates automatically. There is no application to receive the rebates. Prices for necessities continue to be high across the nation,” said Lujan Grisham.

“Our state today is in a fantastic financial position, and it’s important to me that New Mexico’s families are sharing in that success.” Taxpayers who received a refund by direct deposit on their 2021 return will receive the rebate by direct deposit. All others will receive a check in the mail. Direct deposits will be distributed first, and checks will be mailed over the following weeks, beginning in mid-June.

Eligible New Mexico residents have until May 31, 2024, to file a 2021 New Mexico Personal Income Tax return and still qualify for the rebates. Our staff is already hard at work preparing this next round of rebates, which we know New Mexicans are eager to get,” said TRD Secretary Stephanie Schardin Clarke. Taxpayers who have moved to a different address since filing their 2021 return can update their addresses.

 

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