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New Mexico Residents to Receive Additional Tax Rebate, Governor Lujan Grisham Says

Additional tax rebate
New Mexicans will receive additional tax rebate. (Photo: Global News)

New Mexicans are set to receive an additional tax rebate for 2021, as announced by the governor of New Mexico, Michelle Lujan Grisham.

Additional tax rebate

New Mexicans will receive additional tax rebate. (Photo: Global News)

Additional Tax Rebate

The tax rebate would provide much-needed relief to people struggling amid a difficult economy. The announcement was well-received by residents of Las Cruces who expressed excitement about receiving the extra money. Zaira Salas, a Las Crucen, described it as “very essential especially now” while Marie Troncoso said, “We could use it, you know?”

Under the plan, single filers would receive $500, while married taxpayers filing jointly, heads of household, and surviving spouses would get $1,000, according to a published report in CBS4 LOCAL.

The rebate is expected to help taxpayers with their summer bills, as the season typically leads to higher bills for electricity and other utilities. Albert Valdez, a Las Crucen resident, said the money would come in handy during the summer.

READ ALSO: Be Informed About New Mexico’s Taxation Changes

Taxpayers Will Receive the Rebate Through Direct Deposit

Taxpayers who received a refund through direct deposit for the year 2021 would receive the rebate by direct deposit. The governor’s office stated that taxpayers could expect to receive the money by mid-June. Any New Mexican who was not declared as a dependent on someone else’s 2021 New Mexico Income tax return would receive their money automatically.

Las Crucens with children added that the money would be especially helpful in the summer. Celia Ontiveros, a Las Cruces resident, said, “It can help me with my grandkids. I’ll buy them a little bit of clothes or another pair of shoes.” New Mexican, Jose Flores, expressed his gratitude for the $1,000 rebate, saying it would help him a lot.

Needless to say, the tax rebate would provide much-needed relief to residents of New Mexico, particularly in the current economic climate.

READ ALSO: New Mexico On Tax Rebates: $250 Or $500 In July