US lawNew MexicoStatutesChapter 7Article 27-2-21.1N.M. Stat. § 7-2-21.1Accounting methods.Last amended: 1981Year: 2026Length: 28 wordsOfficial source A taxpayer shall use the same accounting methods for reporting income for New Mexico income tax purposes as are used in reporting income for federal income tax purposes.PreviousN.M. Stat. § 7-2-21NextN.M. Stat. § 7-2-22