Investment Credit
Credit based on the value of qualified equipment introduced
Broad credit for qualifying manufacturing equipment; highly relevant to fixed mills.
Fit 3/3Difficulty 2/3Not refundable
New Mexico
3 programs in the 2026 edition.
View this section in the full 2026 Sourcebook Filter/search New Mexico
3 programs0 refundableEasiest: Investment CreditTop: Equipment, Investment, Rural / Geographic
Programs
NM-RD-001
generally
Strong research and development facility credit with rural enhancements and refundable additional credit for qualifying small research and development businesses.
Fit 2/3Difficulty 3/3Conditional
Rural Job Tax Credit
Per-job credit determined by eligible wages
Qualifying forest-products employers creating eligible rural jobs may earn a job credit.
Fit 2/3Difficulty 3/3Not refundable