Formulario 480.7A / Form 480.7A 2021 Declaración Informativa - Intereses Hipotecarios / Informative Return - Mortgage Interests (Para propósitos informativos, no utilice para rendir) Tipo de contribución:

Jun 4, 2019 · Can I deduct my 480.7A from a home that I have in Puerto Rico? Yes, you can include the amounts from a 480.7A as mortgage interest. Enter the lender name and the amount of interest paid in Box 1 on the 1098 input screen.

If you made mortgage payments during the year for which you will file a tax return, you will receive the Informative Return – Mortgage Interests (480.7A) on or before January 31 via regular mail. This document contains the information necessary to complete your income tax return.

Instructions Form 480.7A Informative Return - Mortgage Interest Instructions for the Borrower Any person (including a bank institution, governmental unit and housing cooperatives) engaged in a trade or business, and that in the course of such trade or business, receives mortgage

Jun 5, 2019 · I received a 480.7a from a property I own in Puerto Rico. Can I include interest, real estate taxes and insurance of that property in my Federal tax form? If so, where?

El Formulario 480.7A es un formulario creado por el Departamento de Hacienda para cumplir con las disposiciones de la Sección 1063.04. Este formulario es completado por la persona dedicada a industria o negocio que durante el curso de dicha industria o negocio recibe de cualquier individuo intereses sobre cualquier hipoteca cualificada.

Form Rev. 09.14 INFORMACION DEL RECEPTOR - RECIPIENT'S INFORMATION Descripción - Description Cantidad - Amount 1.Intereses Pagados por el Deudor ... 480.7A Código Postal - Zip Code Código Postal - Zip Code ESTADO LIBRE ASOCIADO DE PUERTO RICO - COMMONWEALTH OF PUERTO RICO

Feb 3, 2018 · To be eligible for this deduction, the payment must have been made on a mortgage loan secured by the taxpayer’s qualified residence and the following documentation will be required: Informative Return – Mortgage Interest (Form 480.7A): issued by the mortgage loan debtor or co-debtor.

Feb 12, 2025 · Form 480.7A is issued by the government of Puerto Rico for the filing of informative returns on mortgage interest. Used by financial institutions to report mortgage interest paid by borrowers. Reports payments made to educational institutions for tuition and related expenses. Note – For more, visit www.hacienda.gobierno.pr.

When should Form 480 be submitted? Employers and businesses are obligated to deliver Form 480 to their employees or partners by the following deadlines: January 31: 480.7A: Mortgage Interest; 480.7D: Automobile Lease Payments; February 28: 480.6A: Other Income Not Subject to Withholding; 480.6B: Other Income Subject to Withholding