PR 480.20 2018 free printable template
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Form 480.20 Rev. 02.192018Reviewer:Liquidator:2018GOVERNMENT OF PUERTO RICO DEPARTMENT OF THE TREASURYField audited by:Corporation Income Tax Return Date / / Material NumberAMENDED RETURN 1TAXABLE
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How to fill out PR 480.20
01
Begin with the personal identification section at the top of the form, entering your full name, address, and contact information.
02
Provide your Social Security Number or individual taxpayer identification number.
03
Fill out the section regarding your marital status and dependents, including their names and Social Security Numbers.
04
Complete the income section by detailing all sources of income, including wages, self-employment income, and any other earnings.
05
Fill in any deductions and credits that apply to your situation, providing necessary documentation if required.
06
Review the tax payment section, ensuring you account for any estimated tax payments made during the year.
07
Sign and date the form at the bottom, affirming that the information provided is accurate and complete.
08
Submit the completed PR 480.20 form to the appropriate tax authority, either electronically or via postal mail.
Who needs PR 480.20?
01
Individuals who are residents of Puerto Rico and required to file a personal income tax return.
02
Self-employed individuals seeking to report their income and expenses to the tax authorities.
03
Taxpayers looking to claim benefits or credits associated with their income or family status.
04
Anyone who has earned income during the tax year and needs to report it for tax compliance purposes.
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What is PR 480.20?
PR 480.20 is a tax form used by employers in Puerto Rico to report the income tax withheld from employees during the tax year.
Who is required to file PR 480.20?
Employers in Puerto Rico who withhold income tax from their employees' wages are required to file PR 480.20.
How to fill out PR 480.20?
To fill out PR 480.20, employers must provide information regarding the total wages paid to employees, the amount of tax withheld, and other relevant employee details as specified in the form instructions.
What is the purpose of PR 480.20?
The purpose of PR 480.20 is to ensure compliance with tax withholding regulations and to report tax payments made on behalf of employees to the government.
What information must be reported on PR 480.20?
Information that must be reported on PR 480.20 includes the employer's identification, employees' Social Security numbers, total wages paid, withheld tax amounts, and any other applicable deductions.
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