PIT-ADJ: 7. 2025 PIT-ADJ Schedule of Additions & Deductions and Exemptions (2025)
New Mexico · New Mexico TRD · Used for tax years 2025
The 2025 New Mexico PIT-ADJ reports additions, deductions, and exemptions to federal adjusted gross income used to compute New Mexico taxable income. Attach this schedule to your New Mexico Personal Income Tax Return, Form PIT-1.
Who files this form
Complete the 2025 New Mexico Schedule PIT-ADJ if you must make certain additions to federal adjusted gross income or are eligible for certain deductions or exemptions when calculating New Mexico taxable income.
Attach this schedule to your New Mexico Personal Income Tax Return, Form PIT-1.
What you'll need
- Form PIT-1: Attach your completed Schedule PIT-ADJ to this return.
- Form RPD-41369: Attach this form if claiming a New Mexico net operating loss on line 8.
- Forms RRB-1099 and RRB-1099-R: Attach these for the railroad retirement benefits and sick pay deduction on line 10.
The schedule also asks for your printed name and Social Security number.
How to file
Attach the completed 2025 Schedule PIT-ADJ to Form PIT-1.
- Add lines 1 through 5. Enter the total on PIT-ADJ, line 6, and Form PIT-1, line 11.
- Add lines 7 through 27. Enter the total on PIT-ADJ, line 28, and Form PIT-1, line 15.
The provided form does not give a mailing address or e-filing directions.
Common mistakes
- Submitting a statement instead of PIT-ADJ: The form says statements cannot be accepted in place of this schedule.
- Missing the age-100 checkboxes: If you or your spouse is age 100 or older, mark the applicable boxes on line 12 to claim the exemption.
- Leaving out required attachments: Line 8 requires Form RPD-41369, and line 10 requires Forms RRB-1099 and RRB-1099-R.
- Skipping the instructions: The form directs taxpayers to refer to the PIT-ADJ instructions when completing the schedule.
Questions people ask
Where do I report the total additions?
Add lines 1 through 5 and enter the total on PIT-ADJ, line 6. Also enter it on Form PIT-1, line 11.
Where do I report the total deductions and exemptions?
Add lines 7 through 27 and enter the total on PIT-ADJ, line 28. Also enter it on Form PIT-1, line 15.
Does the schedule include contributions to an education savings plan?
Yes. Line 15 lists a deduction for contributions to a New Mexico-approved Section 529 education savings plan. Line 3 lists an addition for contributions refunded when closing such an account and certain contributions rolled out of such an account.
Can I submit a statement instead of Schedule PIT-ADJ?
No. The form says statements cannot be accepted instead of this schedule.