2006 New Mexico Statutes - Section 7-2-36 — Deduction; expenses related to organ donation.

7-2-36. Deduction; expenses related to organ donation.

A.     A taxpayer may claim a deduction from net income in an amount not to exceed ten thousand dollars ($10,000) of organ donation-related expenses, including lost wages, lodging expenses and travel expenses, incurred during the taxable year by the taxpayer or the taxpayer's dependent as a result of the taxpayer's or dependent's donation of a human organ to another person for transfer of that human organ to the body of another person.

B.     A husband and wife who file separate returns for a taxable year in which they could have filed a joint return may each claim only one-half of the deduction provided by this section that would have been allowed on a joint return.

C.     For the purposes of this section:

(1)     "dependent" means "dependent" as defined by Section 152 of the Internal Revenue Code, as that section may be amended or renumbered; and

(2)     "human organ" means all or part of a heart, liver, pancreas, kidney, intestine, lung or bone marrow.