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Planilla 2021 puerto rico FAQ
Series 480.6A reports any taxable dividends and/or gross proceeds from realized capital gains or losses in your taxable investment account. This form will also report any interest paid out in your cash account. Series 480.6D reports any tax exempt dividends that were distributed in your taxable investment account.
Generally, if you are a Puerto Rico bona fide resident, you must file a Puerto Rico tax return. If you are not a bona fide resident of Puerto Rico, you must file both a Puerto Rico tax return and a U.S. tax return.
Form 480.6A is issued by the government of Puerto Rico for the filing of informative returns on income not subject to withholding.
If you're a bona fide resident of Puerto Rico, you generally aren't required to file a U.S. federal income tax return if your only income is from sources within Puerto Rico.
Consequently, while all Puerto Rico residents pay federal taxes, many residents are not required to pay federal income taxes. Aside from income tax, U.S. federal taxes include customs taxes, federal commodity taxes, and federal payroll taxes (Social Security, Medicare, and Unemployment taxes).
480.6C - Form 480.6C is intended for non-residents of Puerto Rico. It covers investment income that has been subject to Puerto Rico source withholding. 480.6D - Form 480.6D is intended for residents of Puerto Rico. It covers exempt income and income subject to the Puerto Rico Alternate Basic Tax (ABT).
Planilla organizacion Related content
Planilla Informativa de Organización Exenta de...
28. 29. Formulario 480.7(OE) - Página 2. Rev. 07.08. Parte III.
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