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New Mexico Business Tax Credit for Hiring Recently Returned Veterans

New Mexico Taxation and Revenue Department
Up to $1,000 in business tax credit per veteran hired

A New Mexico business can claim a tax credit of up to $1,000 for each recently returned veteran it hires. The credit goes to the employer, so it is worth mentioning to a hiring manager who is weighing you against another candidate.

Check eligibility

How to apply

The hiring business claims the credit. Contact the New Mexico Taxation and Revenue Department at 505-827-0700 for the current rules and forms.

What you'll need

Your DD214 showing a recent discharge date, which the employer needs to support the credit.

Eligibility

  • You are a recently returned veteran
  • You are being hired by a New Mexico business

Source

Official source