Who is eligible for the “Head of Family Exemption” and how is it applied?
The “Head of Family” exemption may be granted upon application to an individual New Mexico Resident who is either: (1) Married, (2) Widow or Widower, (3) Head of Household, or (4) A Single person, provided it is the primary home and they reside in the home. The amount of the exemption is $2,000.00 and is applied against the net taxable value of property. One per household.
