What can you deduct on your individual tax return in Puerto Rico?
Compartir
Did you know that you can make the following deductions?
Deductions you can make on your individual tax return
Mortgage Expenses
Qualified medical expenses
Donations to qualified entities
Qualified Student Loan Interests
It is important to note that these are just some of the deductions available in Puerto Rico and that certain limitations and specific requirements may apply to each of them. It is recommended that you consult with a professional to obtain personalized advice on the available deductions and your eligibility.
If you need any guidance, let us know so we can help you through the process.