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This is straight from Pub 570:The Commonwealthof Puerto RicoThe Commonwealth of Puerto Rico has its ownseparate and independent tax system. Althoughit is modele...
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Yes I do. They have different tax implications as they have an independent tax system.
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I'm thinking its more of a tax break than a credit. They owe on federal and thought there may be a way to relieve some of the tax obligation because they actual...
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They don't have income in PR. What I found, that would omit them from having to file to claim worldwide income. Because its US generated (soc security and pensi...
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I have new client that has retirement from US job and social security, but has been living in Puerto Rico for the past couple of years. Has any one heard of a w...