Puerto Rico Income Tax
Employees should use the Puerto Rico 499R-4.1 Withholding Exemption Certificate.
Marital Status |
Allowances |
---|---|
1-Single |
Individual Taxpayer and claims all of the personal exemption |
2-Married |
Married Person filing jointly and claiming all of the personal exemption for withholding purposes |
3-Head of Household |
Married Person filing jointly and claiming half of the personal exemption for withholding purposes or Married Person living with spouse, who chooses the optional computation of tax and claims all of the personal exemption for withholding |
4-Married/Separate |
Married Person filing jointly and claiming half of the personal exemption for withholding purposes or Married Person living with spouse, who chooses the optional computation of tax and claims all of the personal exemption for withholding |
5-Married/Joint |
Person claiming none of the personal exemption for withholding |
To set up payroll calculations on an employee for Puerto Rico Income Tax:
- Open 5-2-1 Employees.
- Using the data control, select the employee.
- Click the Calculations tab.
- In the Marital cell of the Puerto Rico Income Tax row, enter the marital status.
- In the Std Allow cell enter the number of dependents claimed.
- In the Add Allow cell of the Puerto Rico Income Tax row, enter the number for each Allowance Based on Deductions from the Withholding Exemption Certificate Form 499 R4.1.
- Click > .
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- If choosing the Optional Computation of Tax in the case of married individuals (Marital Status 2) living together and filing a joint return, enter 1 in the Table# cell of the Puerto Rico Income Tax row.
- If claiming the Special Deduction for Certain Individuals on the Withholding Exemption Certificate Form 499 R-4.1, enter 2 in the Table# cell of the Puerto Rico Income Tax row.
- If both the Optional Computation of Tax and the Special Deduction for Certain Individuals are selected on the Withholding Exemption Certificate Form 499 R4.1, enter 3 in the Table# cell of the Puerto Rico Income Tax row.
- Veterans that qualify should add 3 allowances to the number of total allowances claimed on the Add Allow cell of the Puerto Rico Income Tax row. This will provide them the equivalent value of adding one additional personal exemption for Veterans or 1,500 annually.