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How to cancel a sales tax permit in New Mexico

Canceling a New Mexico sales tax permit is straightforward once your nexus has ended — the mistakes happen when sellers cancel too early or skip the final return. Here's the exact order to do it in.

By John DoeReviewed by Jane Doe, CPAUpdated June 2026How we verify
Method
Online portal or form
Form
ACD-31015
Final return required
Yes — mark it final
Trailing window first
Minimal
Tax authority
New Mexico Taxation and Revenue Department

Source: New Mexico Taxation and Revenue Department

Before you cancel

Confirm your nexus has actually ended — no inventory, staff, or office in New Mexico, and sales below $100,000 in sales.

New Mexico has little or no trailing-nexus window, so you can move to closure once final returns are filed.

How to cancel your New Mexico permit, step by step

  1. File every outstanding return, including any $0 returns due during the wind-down.
  2. File the final return (ACD-31015) and mark it as final where the form asks.
  3. Pay any remaining tax, penalties, and interest so the account can close cleanly.
  4. Submit the closure online portal or form at the state portal.
  5. Save your confirmation and records — New Mexico can review a closed account for several years.

What happens after you cancel

Once New Mexico Taxation and Revenue Department closes your account there's nothing left to file in New Mexico. If you later cross $100,000 in sales again, you simply re-register — registration is free.

Common mistakes to avoid

  • Canceling before the trailing-nexus window closes.
  • Forgetting to mark the last return as final.
  • Closing the account while inventory is still stored in the state.

Where TrailingZero fits

TrailingZero connects to your store read-only, maps where you actually have nexus state by state, and tells you the exact date you can close your New Mexico permit and files the interim returns for you. During any wind-down it can file the zero-dollar returns so nothing lapses — and you only pay for the states you genuinely keep. Run a free audit anytime; this page is free education either way.

New Mexico How to cancel FAQ

What form do I use to cancel sales tax in New Mexico?
New Mexico uses ACD-31015, or you can close the account through the state's online portal. A final return is required.
Do I need to file a final return in New Mexico?
Yes. File a final return and mark it final before New Mexico will close the account.
Is canceling reversible?
Yes. If you cross New Mexico's threshold again you re-register. There's no registration fee.
Is this tax advice?
No. This page is general education built from public sources and the rules change often. Confirm your specific situation with the state's tax authority or your accountant before you register or deregister.

More on New Mexico sales tax

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Sources

Primary sources reviewed for this page. Data current as of June 2026.

TrailingZerois software, not a CPA or law firm, and this page is general education — not tax or legal advice. State rules and thresholds change frequently; confirm your situation with the state's tax authority or your accountant before you register or deregister. See how we research and review this data in our editorial & accuracy policy.