New Mexico Extension Payment Voucher

Extension Payment Voucher
Form CIT-EXT
State of New Mexico Taxation and Revenue Department

2023 CIT-EXT Corporate Income and Franchise Tax Extension Payment Voucher
Purpose of this form. Use this 2023 CIT-EXT payment voucher to make an extension payment towards a 2023 corporate income
and franchise tax liability. An extention payment requires a federal automatic extension or a New Mexico extension; a payment towards
a potential tax liability with CIT-EXT avoids accrual of interest. By obtaining an extension of time to file your return, penalty for failure
to file and pay is waived through the extension period, provided you file the return and pay the tax shown on the return by the extended
due date. Interest accrues even if you obtain an extension of time to file and pay the return. Interest is assessed daily at the quarterly
rate established by the U.S. Internal Revenue Code on the amount of tax due. The Department posts annual and daily interest rates
for each quarter at www.tax.newmexico.gov. In the black navigation bar at the top, click INDIVIDUALS. Under FILE YOUR TAXES,
select Penalty and Interest Rates.
If you expect to owe more tax when you file your 2023 return and you obtained an extension of time to file, make a payment using the
2023 CIT-EXT payment voucher to avoid the accrual of interest on the principal tax due. Submit the payment voucher at the bottom
with your check or money order.
About the Application for Extension of Time to File.
•	 Federal automatic extension filed. New Mexico recognizes and accepts an Internal Revenue Service (IRS) automatic extension
of time to file. If you obtain the federal automatic extension by filing Form 7004, Application for Automatic Extension of Time to
File Certain Business Income Tax, Information, and Other Returns for tax year 2023, you have the federal automatic extension
period allowed by the IRS to file your New Mexico return. You do not need to file Form RPD-41096, Application for Extension of
Time to File. Detach the voucher at the bottom and submit it to the Department with your extension payment.
•	

New Mexico extension request filed. If you expect to file your federal return by the original due date or by the federal automatic
extension of time to file allowed by the IRS, but you need additional time to file your New Mexico return, you must obtain approval
through the state. To request approval, you must submit Form RPD-41096, Application for Extension of Time to File, on or before
the due date of the return or the extended due date of the return. You may submit RPD-41096 at the same time you submit your
extension payment. Detach the voucher at the bottom and submit it to the Department with your extension payment.

You may submit your payment with the payment voucher below or pay online at no charge by electronic check. You can pay online
through Taxpayer Access Point (TAP) at https://tap.state.nm.us. From the TAP homepage, under Payments, click Make a Payment,
and then click Business. From the drop-down box in Account Type, select Corporate Income Tax. The electronic check authorizes the
Department to debit your checking account in the amount and on the date you specify. You may also use a credit card for your online
payment. A convenience fee is applied for using a credit card. The State of New Mexico uses this fee, calculated on the transaction
amount, to pay charges from the credit card companies. To file a New Mexico application for extension of time to file and pay, you must
submit Form RPD-41096.
NOTE: When you provide a check as payment, you authorize the Department to use information from your check to make a one-time
electronic fund transfer from your account. When we use information from your check to make an electronic fund transfer, funds may be
withdrawn from your account as soon as the same day you make your payment.

MAIL TO: New Mexico Taxation and Revenue Department, PO Box 25127, Santa Fe, NM 87504-5127
Please cut on the dotted line to detach the voucher and then submit it with your payment to the Department.
(CUT ON THE DOTTED LINE)

2023 CIT-EXT New Mexico Corporate Income and

Tax Year Ended

Franchise Tax Extension Payment Voucher

FEIN

Entity Name and Address

Using your own envelope, mail payment and voucher to:
New Mexico Taxation and Revenue Department
P.O. Box 25127, Santa Fe, NM 87504-5127

AMOUNT ENCLOSED	

State of New Mexico Taxation and Revenue Department

2023 CIT-EXT, Extension Payment Voucher, Checklist
	Did you write your federal employers identification number (FEIN), CIT-EXT, and the correct tax
year on your check?
	 Did you select the CIT-EXT for the correct tax year for which you are making the payment?
	 Did you mail your CIT-EXT and check to the address on the payment voucher?
 	Did you sign and include your check?
 Did you attach Form RPD-41096, Application for Extension of Time to File, or otherwise
submit a timely request for a New Mexico extension? You can download this form at
www.tax.newmexico.gov. At the top, click FORMS & PUBLICATIONS, then select Extension
from the Income Taxes folder. If you received a federal automatic extension, you do not need to
file RPD-41096 unless the requested extension period extends beyond the time allowed by the
federal automatic extension.
 	Are you using the correct form?
•	 Form 2023 CIT-EXT, New Mexico Corporate Income and Franchise Tax Extension Payment
Voucher, is for taxpayers who received a federal automatic extension or a New Mexico
extension, who expect to owe tax on their 2023 CIT-1 return, and who want to make a
payment towards the liability to avoid accrual of interest.
•	 Form CIT-PV, New Mexico Corporate Income and Franchise Tax Payment Voucher, is for
taxpayers making a payment towards a 2023 CIT-1 return that was already filed or is filed
when making the payment.
•	 Form CIT-ES, New Mexico Corporate Income and Franchise Estimated Tax Payment
Voucher, is for taxpayers making an estimated payment towards the current year tax liability.
SUBMIT ONLY A HIGH-QUALITY PRINTED, ORIGINAL FORM AND FOLLOW THESE INSTRUCTIONS.
With the high-speed scanners the Department uses when processing payment vouchers, a quality
form helps ensure accuracy. Do not use a photocopy of the voucher. Because the scanners can
read only one page size to process vouchers, it is important to cut on the dotted line only. When
printing the voucher from the Department website or a software product, prevent resizing by setting
the printer’s page scaling function to None. If your payment voucher has a scanline (a very long
row of numbers) within the bottom 1 and 1/2-inch of the voucher, do not write in the area around the
scanline.

IMPORTANT: Please make sure you submit the payment with the payment voucher.