Get Pr 480.7(oe) 2021-2026

The PR 480.7(OE) is an essential form for non-profit organizations in Puerto Rico to report their income and activities for tax-exempt status. This guide provides clear, step-by-step instructions on how to complete the form online, ensuring you provide accurate and necessary information.

Follow the steps to fill out the PR 480.7(OE) online.

1. Click the ‘Get Form’ button to obtain the form and open it in the editor.
2. Complete the header section by entering the organization’s name, identification numbers, and the start and end dates of the fiscal year.
3. Indicate the type of organization and its purpose. Include the NAICS code if applicable.
4. Provide the total number of individuals and volunteers involved during the reporting year.
5. Detail the sources of income by filling in the designated fields for each type of income, such as donations, service fees, or grants.
6. Fill out the expenses section, detailing each type of expense and ensuring that they align with your income sources.
7. Complete the summary of the assets and liabilities, ensuring accurate values are reflected based on your organization's financial statements.
8. Finalize the form by signing under penalty of perjury, confirming that the information provided is true and accurate.
9. Once completed, you can save your changes, download a copy, print the form, or share it as necessary.

Ensure your compliance and submit the PR 480.7(OE) correctly by following these instructions and completing your documents online.