RPD-41363: RPD-41363 Notice of Transfer of Agricultural Biomass Tax Credit (Revision 2020-05)
New Mexico · New Mexico TRD · Used for tax years 2024, 2025, 2026
Form RPD-41363 reports a transfer of an approved agricultural biomass tax credit to another taxpayer to the New Mexico Taxation and Revenue Department. It records the credit amount, transfer date, and information about the current and new holders.
Who files this form
Use Form RPD-41363 to report a transfer of an approved agricultural biomass tax credit to another taxpayer, whether by sale, exchange or other transfer.
The current holder must have a TRD-approved Form RPD-41362, Agricultural Biomass Tax Credit Approval, before using this notice. The holder or the holder’s authorized representative must sign the notice. The new holder must also sign their certification.
When it's due
Mail the notice to the New Mexico Taxation and Revenue Department (TRD) within 10 days of a sale, exchange or other transfer.
The form does not print separate calendar deadlines by tax year.
What you'll need
Have your TRD-approved Form RPD-41362, Agricultural Biomass Tax Credit Approval, available before completing the transfer notice.
You will need:
- The current holder’s credit number and approval date.
- The approved credit amount to be transferred and the transfer date.
- The current holder’s name, phone number, SSN or FEIN, contact name if applicable, and email address.
- The new holder’s name, SSN or FEIN, and mailing address.
How to file
- Enter the credit details, transfer date, and information for the current and new holders.
- Have the current holder or their authorized representative sign and date the notice.
- Have the new holder check the certification box and sign and date their statement.
- Leave the section marked “To be completed by the Taxation and Revenue Department” for TRD.
- Mail the notice within 10 days of the transfer to:
New Mexico Taxation and Revenue Department
Business Credit Claim Unit
P.O. Box 5418
Santa Fe, New Mexico 87502-5418
For help, the form directs you to the instructions for RPD-41362, or to call (505) 827-0792 or email BusinessCredit.Mgr@state.nm.us.
Common mistakes
- Using the notice before credit approval. The current holder must first have a TRD-approved Form RPD-41362.
- Mailing the notice late. It must be mailed within 10 days of the sale, exchange or other transfer.
- Missing signatures or the certification box. The notice requires the transferring holder’s signature or an authorized representative’s signature, plus the new holder’s signed certification and checked box.
- Overlooking the new holder’s certification. The new holder must certify that they have not and will not claim the agricultural biomass tax credit under the listed statutes for transportation of the same agricultural biomass on which the credit claim is based.
Questions people ask
Is this form used to get the original credit approved?
No. It reports a transfer of an already approved credit. The current holder must have a TRD-approved Form RPD-41362 before using it.
Does the new holder need to sign?
Yes. The new holder must check the certification box and sign and date their statement under penalty of perjury.
Can TRD adjust the credit amount?
Yes. The TRD section includes an option to approve the credit with an adjusted amount and an attached explanation. It also includes options to approve the credit as submitted or deny approval.
Where can I get help completing the notice?
The form directs you to the instructions for RPD-41362. You can also call (505) 827-0792 or email BusinessCredit.Mgr@state.nm.us.