13 Mar Electronic Filing Procedures for the 2019 Income Tax Returns

INDIVIDUALS

For 2019, the electronic filing of the income tax return (“return”) could be completed through the “Income Tax” account in SURI or through a private Certified Program. These Certified Programs can be accessed through the PRTD website and will be free of charge until April 15th, 2020 which is the last date to complete such filing, without considering any extension request.
To complete the return through SURI, the taxpayer will be required to complete the corresponding registration in such system. If the taxpayer is required to submit any evidence with their income tax return, such filing must be completed through SURI in the “I Want To” section and selecting the “Return Evidence Submission” option. This tax return evidence submission option could also be accessed without logging-in to SURI at the Sign-In page. The taxpayer will have until the following day of the due date prescribed by the PR Code, considering any extension request, as applicable, to complete the filing of any required evidence.

Any tax payment due with the return shall be paid also through SURI in the “I Want To” section and selecting the “Make a payment” option or without logging-in to your SURI account by selecting the “Payment Options” in the Sign-in page. It is important to select “Return Payment” in the payment type and select the period “31-Dec-2019”.

CORPORATIONS

For 2019, the electronic filing of the Corporate Income Tax Return (“Return”), together with any required evidence, could be completed through the “Income Tax” account in SURI on or before April 15th, 2020, without considering any extension request. To do so, the taxpayer will be required to complete the corresponding registration in SURI.

As per prior years, the electronic filing of the Return could be also completed through a private Certified Program. The Certified Programs can be accessed through the PRTD website and will be subject to the established fee by each vendor. If the Return is filed through a certified program and the taxpayer is required to submit any evidence with their income tax return, such filing must be completed through SURI in the “I Want To” section and selecting the “Return Evidence Submission” option. This tax return evidence submission option could also be accessed without logging-in to SURI at the Sign-In page.

Any tax payment due with the Return can be completed through the certified program (using a bank account only). The payment can be also completed through SURI in the “I Want To” section and selecting the “Make a payment” option or without logging-in to your SURI account by selecting the “Payment Options” in the Sign-in page. It is important to select “Return Payment” in the payment type and select the period “31-Dec-2019”.

PASS-THROUGH ENTITIES

Pass-through entities will be required to complete the filing of their Informative Income Tax Return (“Return”) corresponding to their 2019 tax year by electronic means. For 2019, this Return shall be filed on or before the last day of the third month following the close of their tax year. For calendar year pass-through entities, this means their 2019 Return will be due on or before March 31st, 2020.

To complete the electronic filing, the pass-through entity shall complete their Return with the watermark “To be submitted electronically”. The Return duly completed, signed, together with all the required schedules or evidence, shall be digitized in a PDF format (size shall not exceed 5MB) and submitted through SURI. Please be advised that prior to completing the Return submission, you must complete the filing of the Forms 480.6EC also through SURI.
To complete the Return submission, the account “Pass-Through Entity” shall be accessed and then select the “File Return” option and follow the instructions provided by the system. In the “Summary” part, the system will reflect the total amounts reported on each line of the Forms 480.6EC electronically filed. If such amounts do not match with the digital Return to be submitted, then an amendment to such Forms 480.6EC shall be completed before filing the Return. The summary pages provided by SURI, together with the uploaded digital Return, will constitute the filing evidence of the 2019 Return.

SURI AUTHORIZATION OR REGISTRATION

If you need to provide access to your authorized representative or complete the registration in SURI to file the 2019 income tax returns, please use the following link to access the Internal Revenue Circular Letter 20-12 for the new instructions to complete such registration.

Please contact us for additional information or assistance.

READ THE ORIGINAL PUBLICATION FROM PRTD