In the redesigned business tax filing system (July 2021), taxpayers will use returns that are tailored to the programs that apply to them. The most common will be the Gross Receipts Tax (GRT) return.
In this video, you'll learn how to file a simple GRT return.
For an overview of the Gross Receipts Tax, please see FYI 105 Gross Receipts & Compensating Taxes An Overview. The publication is available in the publications folder on the Forms & Publications page at tax.newmexico.gov.
The Business Tax Registration Form, ACD31015, is available in the GRT Filer's Kit, also available on the Forms & Publications page. Access the Filer's kit by opening the Business Taxes folder and then the Gross Receipts Tax folder.

00:00 Introduction to Gross Receipts
00:50 Filing a return for most recent filing period
01:51 Account information
02:24 Filling out the return
05:56 Submitting the return
6:30 Payment and confirmation