Article 2 - Income Tax General Provisions, 7-2-1 through 7-2-36.
- Section 7-2-1 - Short title.
- Section 7-2-2 - Definitions.
- Section 7-2-3 - Imposition and levy of tax.
- Section 7-2-4 - Exemptions.
- Section 7-2-5, 7-2-5.1 - Repealed.
- Section 7-2-5.2 - Exemption; income of persons sixty-five and older or blind.
- Section 7-2-5.3 - Repealed.
- Section 7-2-5.4 - Repealed.
- Section 7-2-5.5 - Exemption; earnings by Indians, their Indian spouses and Indian dependents on Indian lands.
- Section 7-2-5.6 - Exemption; medical care savings accounts.
- Section 7-2-5.7 - Exemption; income of individuals one hundred years of age or older.
- Section 7-2-5.8 - Exemption for low- and middle-income taxpayers.
- Section 7-2-5.9 - Exemption; unreimbursed or uncompensated medical care expenses of individuals sixty-five years of age or older.
- Section 7-2-5.10 - Exemption; New Mexico national guard member premiums paid for group life insurance.
- Section 7-2-5.11 - Exemption; armed forces salaries.
- Section 7-2-6 - Repealed.
- Section 7-2-7 - Individual income tax rates. (Effective January 1, 2004 through December 31, 2004.)
- Section 7-2-7.1 - Tax tables.
- Section 7-2-7.2 - Tax rebate; 2005 taxable year. (Effective for 2005 tax year.)
- Section 7-2-7.3 - Exemption; 2005 taxable year rebate. (Effective for 2005 tax year.)
- Section 7-2-8 - Repealed.
- Section 7-2-9 - Tax computation; alternative method.
- Section 7-2-10 - Income taxes applied to individuals on federal areas.
- Section 7-2-11 - Tax credit; income allocation and apportionment.
- Section 7-2-12 - Taxpayer returns; payment of tax.
- Section 7-2-12.1 - Limitation on claiming of credits and tax rebates.
- Section 7-2-12.2 - Estimated tax due; payment of estimated tax; penalty.
- Section 7-2-13 - Credit for taxes paid other states by resident individuals.
- Section 7-2-14 - Low-income comprehensive tax rebate.
- Section 7-2-14.1 - Repealed.
- Section 7-2-14.2 - Repealed.
- Section 7-2-14.3 - Tax rebate of part of property tax due from low-income taxpayer; local option; refund.
- Section 7-2-14.4 - Authorization to fund property tax rebate for low-income taxpayers; tax imposition; election.
- Section 7-2-14.5 - Imposition of tax; limitations.
- Section 7-2-15 to 7-2-17.1 - Repealed.
- Section 7-2-18 - Tax rebate of property tax due that exceeds the elderly taxpayer's maximum property tax liability; refund.
- Section 7-2-18.1 - Credit for expenses for dependent child day care necessary to enable gainful employment to prevent indigency.
- Section 7-2-18.2 - Credit for preservation of cultural property; refund.
- Section 7-2-18.3 - Repealed.
- Section 7-2-18.4 - Qualified business facility rehabilitation credit; income tax credit.
- Section 7-2-18.5 - Welfare-to-work tax credit.
- Section 7-2-18.6 - Repealed.
- Section 7-2-18.7 - Tax rebate of property tax paid on property eligible for disabled veteran exemption; refund; limitation.
- Section 7-2-18.8 - Credit; certain electronic equipment.
- Section 7-2-18.9 - Repealed.
- Section 7-2-18.10 - Tax credit; certain conveyances of real property.
- Section 7-2-18.11 - Job mentorship tax credit.
- Section 7-2-18.12 - Repealed.
- Section 7-2-18.13 - Credit; unreimbursed or uncompensated medical care expenses of individuals sixty-five years of age or older.
- Section 7-2-18.14 - Solar market development tax credit; residential and small business solar thermal and photovoltaic market development tax credit.
- Section 7-2-18.15 - Working families tax credit.
- Section 7-2-18.16 - Credit; special needs adopted child tax credit; created; qualifications; duration of credit.
- Section 7-2-18.17 - Angel investment credit. (Repealed effective January 1, 2013.)
- Section 7-2-18.18 - Renewable energy production tax credit.
- Section 7-2-18.19 - Sustainable building tax credit.
- Section 7-2-18.20 - Tax credit; agricultural water conservation expenses. (Repealed effective January 1, 2013.)
- Section 7-2-18.21 - Credit; blended biodiesel fuel.
- Section 7-2-18.22 - Tax credit; rural health care practitioner tax credit.
- Section 7-2-18.23 - Refundable credit; 2007 taxable year.
- Section 7-2-18.24 - Geothermal ground-coupled heat pump tax credit.
- Section 7-2-18.25 - Advanced energy income tax credit.
- Section 7-2-18.26 - Agricultural biomass income tax credit.
- Section 7-2-19 - Repealed.
- Section 7-2-20 - Information returns.
- Section 7-2-21 - Fiscal years permitted.
- Section 7-2-21.1 - Accounting methods.
- Section 7-2-22 - Administration.
- Section 7-2-23 - Finding [; wildlife funds].
- Section 7-2-24 - Optional designation of tax refund contribution [; game protection fund].
- Section 7-2-24.1 - Optional designation of tax refund contribution for tree plantings.
- Section 7-2-25, 7-2-26 - Repealed.
- Section 7-2-27 - Legislative findings and intent. (Delayed repeal
- Section 7-2-28 - Optional designation of tax refund contribution [; veterans' national cemetery fund]. (Delayed repeal
- Section 7-2-29 - Finding.
- Section 7-2-30 - Optional designation of tax refund contribution [; substance abuse education fund].
- Section 7-2-30.1 - Optional designation of tax refund contribution; amyotrophic lateral sclerosis research fund.
- Section 7-2-30.2 - Optional designation of tax refund contribution; energy, minerals and natural resources department; state parks division.
- Section 7-2-30.3 - Optional designation of tax refund contribution; national guard member and family assistance.
- Section 7-2-30.4 - Optional designation of tax refund contribution; Vietnam veterans memorial state park.
- Section 7-2-31 - Optional designation of tax refund contribution.
- Section 7-2-31.1 - Optional refund contribution provisions; conditional repeal.
- Section 7-2-32 - Deduction-payments into education trust fund.
- Section 7-2-33 - Repealed.
- Section 7-2-34 - Deduction; net capital gain income.
- Section 7-2-35 - Deduction; unreimbursed or uncompensated medical care expenses. (Contingent effective date - See notes following section.)
- Section 7-2-36 - Deduction; expenses related to organ donation.