RPD-41365: RPD-41365 Notice of Transfer of Rural Job Tax Credit (Revision)
New Mexico · New Mexico TRD · Used for tax years 2024, 2025, 2026
Form RPD-41365 reports the transfer or distribution of an approved rural job tax credit to another taxpayer to the New Mexico Taxation and Revenue Department. It identifies the current and new holders and records the credit amount and transfer date.
Who files this form
Use Form RPD-41365 to report a transfer or distribution of an approved rural job tax credit to another taxpayer.
The current holder must have a New Mexico Taxation and Revenue Department (TRD) approved Form RPD-41238, Application for Rural Job Tax Credit, before using this notice. The notice must be signed by the holder or the holder’s authorized representative.
What you'll need
The current holder must already have a TRD-approved Form RPD-41238, Application for Rural Job Tax Credit.
Have the following information ready to complete the notice:
- Current holder’s name, phone number, and SSN or FEIN.
- Contact name, if applicable, and email address.
- New holder’s name, SSN or FEIN, and mailing address.
- Current holder’s credit number and approval date.
- Amount of rural job tax credit transferred and the transfer date.
How to file
Complete the current holder, new holder, and credit transfer information. The form includes signature and date fields for the holder authorizing the transfer and the holder receiving the credit. The notice must be signed by the current holder or that holder’s authorized representative.
Leave the section marked “TO BE COMPLETED BY THE NEW MEXICO TAXATION AND REVENUE DEPARTMENT” for TRD.
Mail the notice within 10 days of a sale, exchange, or other transfer to:
New Mexico Taxation and Revenue Department
PIT Edit Error
P.O. Box 5418
Santa Fe, New Mexico 87502-5418
For help completing the form, call (505) 476-3683.
Questions people ask
What is this form used for?
It reports a transfer or distribution of an approved rural job tax credit to another taxpayer.
Does the credit need to be approved before I use this form?
Yes. The current holder must have a TRD-approved Form RPD-41238, Application for Rural Job Tax Credit, before using Form RPD-41365 to report a transfer.
Can TRD adjust the transferred credit amount?
The form allows TRD to approve the credit as submitted, deny it, or approve it with an adjusted amount. For a denial or adjustment, the form refers to an attached explanation.
Where can I get help completing the notice?
Call (505) 476-3683 for assistance.