Form 482 puerto rico 2018 english-2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the taxpayer's name, initials, and last names in the designated fields. Ensure accuracy as this information is crucial for identification.
  3. Input the taxpayer's Social Security Number and spouse's details, including their name and Social Security Number, if applicable.
  4. Fill in the address, email address, and telephone number to ensure proper communication regarding your tax return.
  5. Check the applicable boxes under 'Exceptions for Electronic Filing' to indicate why you are not filing electronically. Be sure to review each option carefully.
  6. Sign and date the form where indicated. If a specialist prepared this form, they must also provide their signature and details.

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2018 4.8 Satisfied (81 Votes)
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Download income tax forms You can e-file directly to the IRS and download or print a copy of your tax return. Federal tax filing is free for everyone with no limitations, and state filing is only $14.99. Join the millions of taxpayers who have filed securely using FreeTaxUSA.
The term resident individual means an individual who is domiciled in Puerto Rico. It should be presumed that an individual is a resident of Puerto Rico if they have been present in Puerto Rico for a period of 183 days during the calendar year.
Puerto Rico holds a unique position as an unincorporated U.S. territory. Under Internal Revenue Code (IRC) 933, Puerto Rico source income is excluded from U.S. federal tax.
The tax benefits of Act 60 only apply to Puerto Rico-sourced income. Thus, 0% tax on capital gains will only apply to the capital gains incurred after you move to Puerto Rico. Any capital gains incurred before you move there will still be subject to U.S. tax treatment.
If youre a bona fide resident of Puerto Rico, you generally arent required to file a U.S. federal income tax return if your only income is from sources within Puerto Rico.

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A Puerto Rico tax return reporting (Form 482) only your income from Puerto Rico. Wages for services performed in Puerto Rico, whether for a private employer, the U.S. Government, or otherwise, is income from Puerto Rico. A U.S. tax return (Form 1040) reporting all worldwide income.
If you are an active duty member of the U.S. Armed Forces whose state of legal residence is Puerto Rico, your military income is Puerto Rico-source income. In this case, you will follow the tax rules for U.S. Government employee wages under Special Rules for Puerto Rico in the attached Pub.

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