PIT-D: 14. 2024 PIT-D Voluntary contributions Schedule (2024)
New Mexico · New Mexico TRD · Used for tax years 2024
The 2024 New Mexico PIT-D is a schedule for contributing part or all of your tax refund to New Mexico’s voluntary contribution funds. It records your overpayment, selected contributions, and the total to enter on Form PIT-1, line 40.
Who files this form
The 2024 Schedule PIT-D is for people who choose to contribute some or all of their New Mexico tax refund to the listed voluntary contribution funds. It is not a required contribution.
Your total contributions cannot exceed the overpayment shown on Form PIT-1, line 39.
What you'll need
Have your 2024 Form PIT-1 available. You will need the overpayment amount from line 39 to complete Schedule PIT-D.
The schedule also asks for your name and primary Social Security number.
How to file
- Enter your name and primary Social Security number.
- Copy the overpayment from Form PIT-1, line 39, to Schedule PIT-D, line 1.
- Enter your chosen contributions on the applicable lines 2 through 17.
- Add lines 2 through 17 and enter the total on line 18 and on Form PIT-1, line 40. The total cannot exceed line 1.
The Department will deduct your contributions from your refund and transfer them to the appropriate funds.
The provided form does not give a mailing address or e-filing directions. If you are not due a refund, do not mail contributions to the New Mexico Taxation and Revenue Department. The form says to send them directly to the addresses in the Schedule PIT-D instructions, which are not included here.
Common mistakes
- Contributing more than your refund: If total contributions exceed the refund due, no contributions will be made or deducted from your refund.
- Expecting to reverse a contribution: No part of your contribution is refundable if you change your mind or amend your return.
- Sending a direct contribution to the Department when no refund is due: Instead, use the fund addresses listed in the Schedule PIT-D instructions.
- Entering an incorrect political party contribution: Line 11 allows only $2 or $4. Otherwise, leave it blank. A spouse’s contribution is allowed only on a jointly filed return.
Questions people ask
Can I contribute my entire refund?
Yes. You may contribute any of your refund, but total contributions cannot exceed Form PIT-1, line 39.
What happens if my contributions exceed my refund?
No contributions will be made or deducted from your refund.
Can I get my contribution back if I amend my return?
No. Contributions are not refundable, even if you change your mind or amend your return.
Can I contribute if I am not due a refund?
Yes. The form says to send your contribution directly to the addresses listed in the Schedule PIT-D instructions, not to the New Mexico Taxation and Revenue Department. Those addresses are not included in the provided text.
How do political party contributions work?
Enter the number of your chosen party on line 11a for a $2 donation. A spouse’s party choice goes on line 11b and is allowed only on a jointly filed return. The total on line 11 must be $2 or $4; otherwise, leave it blank.