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Form 480.6 is used in Puerto Rico to report income distributions from different sources, particularly for tax purposes. This form helps ensure accurate tax reporting, especially if you are disposing of assets and have to file a Puerto Rico Fixed Asset Removal Form to report gains or losses from those assets.
Form 480.6 A is a tax document that reports income from self-employment in Puerto Rico. It's crucial for self-employed individuals, as tax authorities require accurate reporting, especially if you are also filing a Puerto Rico Fixed Asset Removal Form for any business assets.