New Mexico § 7-1-71.4 - Tax return preparer; electronic filing requirement; penalty
Full text of New Mexico New Mexico Statutes Annotated § 7-1-71.4 — Tax return preparer; electronic filing requirement; penalty, with citation guidance and answers to common questions.
§ 7-1-71.4. Tax return preparer; electronic filing requirement; penalty
A. In taxable years beginning on or after January 1, 2008, a tax return preparer who
prepares over twenty-five personal income tax returns for a taxable year shall ensure
that each return is submitted to the department by a department-approved electronic
media, unless a person for whom the preparer files a return requests, in a form prescribed
by the department, that the return be filed by other means in accordance with department
rule. B. A tax return preparer shall pay to the department a penalty not to exceed five
dollars ($5.00) for each tax return filed in violation of this section.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 7-1-71.4
What does New Mexico Statutes Annotated § 7-1-71.4 cover?
Section 7-1-71.4 ("Tax return preparer; electronic filing requirement; penalty") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 7-1-71.4?
A common citation format is "New Mexico Statutes Annotated § 7-1-71.4" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 7-1-71.4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.