Visualize your income tax brackets and see how income gets taxed at each level.
Tax Brackets · 2025
New Mexico, U.S.
Federal and state marginal rates. You only pay the higher rate on income that falls inside each bracket — not on your whole paycheck.
Federal · 2025
7 brackets · 10.0–37.0%10.0%
12.0%
Bracket 02
$11,926to$48,475
22.0%
Bracket 03
$48,476to$103,350
24.0%
Bracket 04
$103,351to$197,300
32.0%
Bracket 05
$197,301to$250,525
35.0%
Bracket 06
$250,526to$626,350
37.0%
New Mexico · 2025
6 brackets · 1.50–5.90%1.50%
3.20%
Bracket 02
$5,501to$16,500
4.30%
Bracket 03
$16,501to$33,500
4.70%
Bracket 04
$33,501to$66,500
4.90%
Bracket 05
$66,501to$210,000
5.90%