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HopeS
Expert Alumni

I received 480.6c form. Do I need to file it?

Form 480.6C is intended for non-residents of Puerto Rico. It covers investment income that has been subject to Puerto Rico source withholding. This form is for information only. You should only enter form 1099-DIV in your tax return.

 

@jd65 

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Jerrygee
New Member

I received 480.6c form. Do I need to file it?

Question: I already filed my taxes, however I received a 480.6c form from the bank on my parents selling there house in P.R., i received about 24K. The bank withheld 3K, which I was told I'll be able to receive back. What's my next step also it states anything under 100k you don't have to pay taxes in PR. It's was a inheritance. 

FS23
Level 2

I received 480.6c form. Do I need to file it?

is the 480.6c in your name or your parents? if them and they are now deceased  you need to file in PR on their behalf to received their refund.  

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