sor's Puerto Rico corporate income tax return (or, if the plan sponsor is not engaged in trade or business in Puerto Rico, the Puerto Rico corporate income tax re-turn of the participating employer with operations in Puerto Rico) for the ?rst taxable year that commenced on or after January 1, 2012.4 Plans with Puerto Rico

Part II is for Puerto Rico residents who are claiming the additional child tax credit. Part V is for the calculation of self-employment tax. Once this information is complete, sign and date the form at the bottom of the first page. Note that the use of 1040PR is not mandatory. If English is your first or preferred language you can substitute Puerto Rico tax and incentives guide 2017 5 Although the economy growth has decreased during the past years, Puerto Rico offers tax incentives packages which can prove attractive to US mainland and other countries companies. These include a fixed corporate income tax rate, one of the lowest in comparison with any US jurisdiction, various TAX YEAR 2018 FORMS AND INSTRUCTIONS. Instructions for Form SS-8, Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding (Puerto Rico Version) Form SS-16 Certificate of Election of Coverage: Earning income in Puerto Rico is subject to the tax laws of both Puerto Rico and the United States. Although a part of the U.S., Puerto Rico has an independent tax system similar to the one in the U.S. As a result, you may have to file two separate annual tax returns to comply with Puerto Rican and U.S. tax laws. Annual Informative Returns Previous Next I nformative returns are to be filed for any payment of dividends or any payment in excess of $500 for interest, rent, salaries or wages not otherwise reported, premiums, annuities, compensations, remuneration, or other fixed or determinable gains, profits and income. Form 482 from Puerto Rico. Can I use turbo tax to file taxes from Puerto Rico? Comment. you would need to file the Pu