Question
What tax rates are applicable for individuals in puerto rico? To whom does the alternate basic contribution apply in puerto rico? During 2018, Dante determined
What tax rates are applicable for individuals in puerto rico?
To whom does the alternate basic contribution apply in puerto rico?
During 2018, Dante determined his net taxable income to be $38,000. How much is the regular determined contribution in puerto rico?
Ramiro, 64 years old, purchased an annuity of $200,000.
During the taxable year you received $15,000 from the annuity. What amount must you include in gross income base on puerto rico ?
Israel, bona fide farmer received $35,000 in government incentives. He used this money to buy a tractor that has a useful life of 8 years. How much do you have to include in gross income base on puerto rico taxes?
Jennifer has a clothing sales business, which reported losses of $68,000. Additionally, it reported net income in its non-core business of $62,000. How much is your adjusted gross income base on puerto rico taxes?
During this taxable year, Isabel used her motor vehicle 50% for her work and incurred automobile expenses of $9,000. How much can you deduct from your return base on puerto rico taxes?
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