New Mexico’s back-to-school gross receipts tax holiday runs from 12:01 a.m. Friday through midnight Sunday. Retailer participation is optional, so shoppers should verify that a merchant is participating.
What qualifies
- Clothing, footwear, and accessories: Less than $100 per item
- Computers: Up to $1,000 per item
- Computer-related items: Up to $500 per item
- School supplies: Less than $30 per item
- Calculators: Less than $200 per item
- Backpacks, maps, and globes: Less than $100 per item
Do online purchases count?
Online treatment depends on the seller’s participation and New Mexico gross-receipts-tax rules. Confirm the exemption at checkout.
State and local tax treatment
Participating retailers may deduct qualifying receipts. Because participation is voluntary, not every seller will offer the holiday.
Important limitation
New Mexico uses a gross receipts tax rather than a conventional retail sales tax.
Primary source: New Mexico Taxation and Revenue — Tax Holiday. Source checked July 13, 2026.