CIT-S: 2. 2025 CIT-S Supplemental Schedule for Additional Members of a Filing Group (2025)
New Mexico · New Mexico TRD · Used for tax years 2025
New Mexico’s 2025 CIT-S is a supplemental schedule for corporations in a filing group that are not listed on Form CIT-1. It reports each additional corporation’s name, FEIN, payments applicable to the return, and $50 if the corporation pays franchise tax.
Who files this form
Use 2025 Schedule CIT-S only if your filing group has more than three corporations. List the corporations included in the filing group that do not appear on Form 2025 CIT-1.
What you'll need
You will need your 2025 Form CIT-1 and the following information for each additional corporation in the filing group:
- Corporation name.
- FEIN.
- Amount of quarterly, tentative, or other payments applicable to this return.
- Whether the corporation pays franchise tax. If it does, enter $50 in column 4.
How to file
List the remaining filing-group members on Schedule CIT-S. Add the CIT-S subtotals for columns 3 and 4 to the corresponding totals on CIT-1, line I.
Attach Schedule CIT-S to your 2025 Form CIT-1. The provided form text does not give a mailing address or e-filing instructions.
Common mistakes
- Using CIT-S when the filing group has three or fewer corporations. The form says to use it only for groups with more than three corporations.
- Listing corporations already shown on CIT-1. CIT-S is for the remaining members.
- Treating the CIT-S subtotals as the full filing-group totals. Add them to the corresponding totals on CIT-1, line I, columns 3 and 4.
- Forgetting to attach CIT-S to your 2025 Form CIT-1.
Questions people ask
When should I use 2025 Schedule CIT-S?
Use it only if your filing group has more than three corporations.
Which corporations belong on CIT-S?
List each corporation included in the filing group that does not appear on Form 2025 CIT-1.
What payments should I enter in column 3?
Enter the amount of quarterly, tentative, or other payments applicable to this return for each corporation listed.
What goes in column 4?
Enter $50 if the corporation pays franchise tax.
What do I do with the completed schedule?
Add its column 3 and column 4 subtotals to the corresponding totals on CIT-1, line I, and attach the schedule to your 2025 Form CIT-1.