New Mexico Application for Technology Jobs Tax Credit

Application for Technology Jobs Tax Credit
Form RPD-41239
RPD-41244

Rev. 09/23/2021

State of New Mexico - Taxation and Revenue Department

TECHNOLOGY JOBS TAX CREDIT CLAIM FORM
PURPOSE OF THIS FORM: To claim the technology jobs tax credit, attach this completed Technology Jobs Tax Credit Claim
Form, to the CRS-1 (Prior to July 1, 2021), PIT-1, CIT-1, FID-1 or S-Corp return on which you wish to apply the credit on or
before the due date of the return. You may apply this credit when you file your return online. Sign into Taxpayer Access Point
(TAP) at https://tap.state.nm.us, and follow the prompts to attach this form. To claim the credit by mail, attach this form to
the tax return and mail to the address on the return. For assistance claiming your approved credit, call (505) 827-0792. The
holder is the business to whom the credit has been approved.
The Basic Tax Credit - may be applied against the taxpayer's compensating tax (TRD-41412), gross receipts tax (TRD41413), or withholding tax (TRD-41409 or TRD-41414) due to the State of New Mexico. No taxpayer may claim an amount
of approved basic credit for any reporting period that exceeds the sum of the taxpayer's gross receipts tax, compensating
tax, and withholding tax due for that reporting period.
The Additional Tax Credit - may be applied against the taxpayer's income tax or corporate income tax. No taxpayer may
claim an amount of additional credit for any reporting period that exceeds the amount of the taxpayer's income tax or corporate income tax due for that reporting period. Married individuals who file separate returns may each claim only one-half
the additional credit.
Any amount of credit not claimed for a reporting period may be claimed in subsequent reporting periods.
NOTE: The technology jobs tax credit provisions are not available for qualified expenditures made after January 1, 2015.
However, if you have been approved for the technology jobs tax credit; you may carry forward any unused credit amounts
in subsequent periods using this claim form. A taxpayer with expenditures made after January 1, 2015, should review the
Form RPD-41385, Application for Technology Jobs and Research and Development Tax Credit, to see if that credit is available to them.
Social security number (SSN) or federal employer
identification number (FEIN) of holder

Name of holder

Mark one:	
	
Mailing address

FEIN
SSN

City, state and ZIP code

New Mexico Business Tax Identification Number (NMBTIN)

Phone number

E-mail address

1.	 Enter the beginning and ending period in which the credit is to be applied. From
2.	 Enter the NET NM INCOME TAX less business-related income tax credits applied.
3.	 Enter the portion of total credit available (from Schedule A) claimed on your current
New Mexico tax return and claimed on the tax return Schedule CR. Do not enter
more than the amount of Net New Mexico tax due. The credit used may not exceed
the amount of tax otherwise due.

to
2.

$

3.

$

NOTE: Failure to attach this form and other required attachments
to your New Mexico tax return will result in denial of the credit.
Under penalty of perjury I declare that I have examined this claim, and to the best of my knowledge and belief it is true,
correct and complete.
Signature of claimant_________________________________________ Date________________________________

RPD-41244

Rev. 09/23/2021

State of New Mexico - Taxation and Revenue Department

TECHNOLOGY JOBS TAX CREDIT CLAIM FORM
Schedule A

Once the technology jobs tax credit is approved, complete and attach Form RPD-41244, Technology Jobs Tax Credit Claim
Form, including Schedule A, to your New Mexico tax return. When claiming the credit against your taxes, also attach the
applicable tax credit Schedule CR.
(a)
Credit number

(b)
Date of approval

(c)
Amount of credit
approved

(d) Credit previously
claimed

(e)
Unused credit [(c) - (d)]

TOTAL credit available

Enter the sum of column (f) here and on
line 3 of Form RPD-41244.

(f)
Amount applied to the
attached return

RPD-41244

Rev. 09/23/2021

State of New Mexico - Taxation and Revenue Department

TECHNOLOGY JOBS TAX CREDIT CLAIM FORM
Instructions
Schedule A Instructions
For each technology jobs tax credit approved, complete a row in Schedule A. Do not include credits which have been claimed
in full..
COLUMN INSTRUCTIONS
(a) Credit number. Enter the credit number assigned by the Taxation and Revenue Department on your approval documentation.
(b) Date of approval. Enter the date of the Department's approval for the credit from your approval documentation.
(c) Amount of credit approved. For each credit, enter the amount of credit approved.
(d) Credit previously claimed. For each credit, enter the total amount of credit claimed in all tax years prior to the current
tax year.
(e) Unused credit. For each credit, subtract the amount in column (d) from the amount in column (c).
(f) Amount applied to the attached return. For each credit, enter in column (f) the amount that is applied to the attached
New Mexico tax return.
NOTE: Failure to attach this form and other required attachments to your New Mexico tax return
will result in denial of the credit.