7-2-5.10: Exemption; New Mexico national guard member premiums paid for group life insurance.
Where this section sits in the code
- Chapter 7 - Taxation
- ARTICLE 2 Income Tax General Provisions
An individual who receives reimbursement from the service members' life insurance reimbursement fund may claim an exemption in the amount of that reimbursement, from income includable, except for this exemption, in net income.
Collected 2026-09-03T15:02:19Z. Source file · JSON