Statutes > New Mexico Statutes > Chapter 7 - Taxation. > Article 2 - Income Tax General Provisions, 7-2-1 through 7-2-36. > Section 7-2-5.7 - Exemption; income of individuals one hundred years of age or older.

Section 7-2-5.7 - Exemption; income of individuals one hundred years of age or older.

7-2-5.7. Exemption; income of individuals one hundred years of age or older.

The income of an individual who is a natural person, who is one hundred years of age or older and who is not a dependent of another individual is exempt from state income tax.