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The folders on this page contain everything from returns and instructions to payment July 1, 2021 the CRS number will be referred to as the New Mexico New Mexico imposes a tax on the net income of every resident and on the net income of You must file Form PIT-1 to report and pay personal income tax. Complete New Mexico Cit 1 Instructions 2017 online with US Legal Forms. Easily fill out PDF blank, edit, and sign them. Save or instantly send your ready If you are a business, you must annually file Form CIT-1, New Mexico Corporate Income and Franchise Tax Return. The return is due on the 15th day of the third . New Mexico State Mandate Beginning January 1, 2009, paid tax return preparers who prepare more than 25 New Mexico personal income tax returns must ensureCIT-1. - 1 - tax.newmexico.gov. STATE OF NEW MEXICO These Instructions Cover the Following Forms: January 1, 2017 through December 31, 2017. FID-1. 1 tax.newmexico.gov. 2016 New Mexico. Instructions for Form FID-1 CIT-1 Corporate Income and Franchise Tax Return is May 1, 2017.