NM High Wage Jobs Tax Credit
Administers tax credits rewarding New Mexico employers creating qualifying jobs above state wage thresholds.
About
The New Mexico High Wage Jobs Tax Credit, administered by the New Mexico Taxation and Revenue Department, rewards employers that create qualifying jobs and pay wages above the state threshold. It is a refundable tax credit, not a grant, and each qualifying job can generate credits for up to four years.
The credit is 8.5% of wages paid per new qualified job, capped at $12,750 per job per year. Urb…
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.