Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

12 States That Tax Social Security Benefits

January 26, 2022 · Personal finance
Photo by SeanPavone from Envato

New Mexico

When it comes to Social Security benefits, they have taxed to the same extent that they are taxed at the federal level. But, even so, there is no inheritance tax or estate tax in New Mexico. The income tax range is as low as 1.7% (on up to $5,500 of taxable income for single filers and $8,000 for married couples), and as high as 5.9% (on taxable income over $210,000 for single filers and over $215,000 for joint filers).

Also, in New Mexico, the median property tax rate is $776 per $100,000 of assessed home value. While groceries are exempt from taxes, clothing items are taxable.

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • An older couple enjoys lunch on a sunny stone terrace overlooking a coastal Portuguese town with terracotta roofs and a blue sea. This European Country Lets Retirees Live on Half Their US Budget
  • A grandmother stands quietly in a cozy kitchen while her adult daughter feeds a toddler at the table, capturing a subtle family moment. 10 Signs You're Overstepping as a Grandparent
  • 2027 IRMAA Bracket Forecast: Estimated Income Thresholds by Filing Status 2027 IRMAA Bracket Forecast: Estimated Income Thresholds by Filing Status
  • A woman in her mid-60s sits at a sunlit wooden kitchen table, circling a date on a paper wall calendar. The Birthday That Changes Your Medicare Options Forever
  • An older couple sitting at a sunlit kitchen table reviewing financial documents together in a warm, candid moment. How Much You'll Actually Get From Social Security at Every Age
  • An older man with silver hair smiles warmly while working behind the front desk of a brightly lit local community center. 6 Part-Time Jobs at Community Centers for Retirees
  • An older couple sits at a wooden kitchen table in morning light, carefully reviewing Medicare paperwork and calendars. The Medicare Deadline That Sneaks Up on Retirees Every Year
  • An older couple reviewing retirement planning documents together at a sunlit kitchen table, capturing a warm and organized moment. Medicare Part B vs Part D: A Side-by-Side Breakdown
  • What $3,000 a Month Really Looks Like in Retirement Based on Where You Live What $3,000 a Month Really Looks Like in Retirement Based on Where You Live
  • An older couple in casual clothes sitting at a wooden kitchen table, looking at a tablet together in warm natural light. Here's What the Average Social Security Check Is in August (How Do You Compare?)

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

5 Things You Need To Do if You Want To Retire at 62

Decide when to claim Social Security – Deciding when you claim your Social Security is a…

Read More →

3 Ways To Retire a Millionaire

How much do you need to invest?  Maybe you’re not looking to become a multimillionaire,…

Read More →
A senior woman smiling while using a tablet in a bright, modern living room.

14 Smart Home Ideas for Independent Seniors

Discover 14 practical smart home ideas and aging in place technology to help independent seniors…

Read More →

How To Pay Your Taxes With Your Credit Card in 2022

The benefits of paying taxes with your credit card If you charge your taxes to…

Read More →
An older couple sitting at a wooden kitchen table reviewing organized tax documents in warm morning light, representing tax planning.

5 Tax Breaks You Can Claim Without Itemizing in 2026

Learn how to lower your AGI and preserve your wealth in 2026 with these five…

Read More →

11 Things Retirees Should Buy ONLY at Costco (And Why)

Gift cards – If you’re looking for a gift card for your grandkids, you should check…

Read More →
A senior woman looking thoughtfully at her phone in a bright, modern home office.

6 Social Security Scams You Need to Pay Attention to

Protect your retirement income by learning how to spot, avoid, and report the six most…

Read More →

10 Retirement Financial Milestones You Need to Achieve by Age 50

You: Giving back Becoming a little more selfless and committing to helping others is part…

Read More →

10 Reasons Why Most American Seniors Are Addicted to Their Social Security

Explore why most seniors rely heavily on Social Security to survive retirement, from guaranteed lifetime…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

About Us

Editorial Policy

Advertiser Disclosure

Frequently Asked Questions

Contact Us

Disclaimer

Terms and Conditions

Privacy Policy

Subscribe

Unsubscribe

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.