Residents of Puerto Rico with self-employment income who are not required to file a U.S. income tax return generally must file Form 1040-PR (Spanish Form) or Form 1040-SS (English Form) to report self-employment income derived from a trade or business in Puerto Rico and if necessary pay self-employment tax to Puerto Rico on that income.
File Form 1040-PR or Form 1040-SS if all of the following apply:
- The taxpayer is a resident of Puerto Rico.
- The taxpayer or spouse (if filing a joint return) had:
- net earnings from self-employment (from other than church employee income) of $400 or more, or
- had church employee income of $108.28 or more.
- The taxpayer and spouse (if filing a joint return) do not have to file Form 1040 with the United States.
The due date for filing Form 1040-PR or Form 1040-SS is April 15th. Form 1040-PR and Form 1040-SS filers can apply for an automatic 6-month extension of time to file. To get this automatic extension, File Form 4868 by the regular due date of the return.
Form 1040-PR or Form 1040-SS can only be accessed after you start a new return in TaxSlayer ProWeb. From the Main Menu of the tax return, select:
- Basic Information
- Personal Information
- Enter the Puerto Rico address and click Continue
- Are you a bona fide Resident of Puerto Rico? - Select Yes
- Use the dropdown arrow to choose Form 1040PR or Form 1040SS:
- Click Continue
Note: Filing either Form 1040-PR or 1040-SS is not equivalent to filing an income tax return with the government of Puerto Rico on either Form 482 (Spanish) or Form 482.0 (English). See here for forms and filing information for the government of Puerto Rico (Spanish language website).