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Does the requirement apply to all New Mexico personal income tax returns prepared by practitioners?

April 26, 2017New Mexico practitioners prepared requirement returns

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Does the requirement apply to all New Mexico personal income tax returns prepared by practitioners?

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In any calendar year, tax practitioners who prepare more than twenty-five (25) New Mexico personal income tax returns for the prior year must file those returns on Department-approved electronic media. Failure to do so incurs a penalty of $5 for each return filed in violation of the mandate.