PTEs that elect to file and pay entity-level tax, or have owners that elect to have composite income tax paid by the entity on their behalf, must also submit RPD-41359 to its owners.
Due date for PTEs: send the forms to owners by February 15 of the year following the year for which you withheld New Mexico state tax.
Postmark: if February 15 falls on a Saturday, Sunday, or a state or national legal holiday, the form is timely if the postmark bears the date of the next business day.
Reporting: if reporting New Mexico entity-level tax or composite income tax, Form RPD-41359 is the only reporting document that may be issued to the owner.
Important: unless you are listed as the owner or the recipient of the income, do not attach this form to your income tax return.
| Question | Answer |
|---|---|
| Form Name | RPD-41359 |
| Form Length | 3 pages |
| Fillable? | Yes |
| Fillable fields | 42 |
| Avg. time to fill out | 7 min |
| Edition | Rev 01/01/2024 |
| Issuing agency | New Mexico Taxation and Revenue Department |
| Filing deadline | Send the forms to owners by February 15 of the year following the year for which you withheld New Mexico state tax from their net income; if February 15 falls on a Saturday, Sunday, or a state or national legal holiday, the form is timely if the postmark bears the date of the next business day |
| Other names | RPD-41359, RPD 41359, RPD41359, NM RPD-41359, Annual Statement of Pass-Through Entity Withholding |
| Official source | RPD-41359 (Rev 01/01/2024), New Mexico Taxation and Revenue Department |
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