Hibou Odoo Suite Enterprise: State of New Mexico
The purpose of this documentation is to outline the 2020 payroll tax rates and submittal partners in the state of New Mexico.
Good to Know!We recommend that you make all payroll tax payments as soon as you process payroll.
2020 Taxable Wage Limit: $25,800
2020 New Employer Rate: 1%
For more details, see Unemployment + Workers' Compensation Reporting & Payments.
State Income Tax Withholding