Statutes > New Mexico Statutes > Chapter 7 - Taxation. > Article 2 - Income Tax General Provisions, 7-2-1 through 7-2-36. > Section 7-2-9 - Tax computation; alternative method.

Section 7-2-9 - Tax computation; alternative method.

7-2-9. Tax computation; alternative method.

For those taxpayers who do not compute an amount upon which the federal income tax is calculated or who do not compute their federal income tax payable for the taxable year, the secretary shall prescribe such regulations or instructions as the secretary may deem necessary to enable them to compute their state income tax due.