A tax rebate in New Mexico was just approved.
It is supposed to help with rising inflation and gas prices.
When will I get the rebate?
New Mexico will provide individuals $5oo checks. Households will get $1,000 payments. The Senate voted in favor of the package that will distribute about $700 million to New Mexico residents. Additional information is available here.
About 490,000 residents of New Mexico could get these $500 checks. People who file their taxes individually will get $500 in two payments. Head of household or couples will get $1,000 split in two payments in June and August.
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