Monday, July 22, 2019

First Puerto Rico tax refunds sent out

By on March 20, 2019

Puerto Rico Treasury Department headquarters in San Juan (CB file)

About $50 million to some of the first 200,000 filers

SAN JUAN – Puerto Rico Gov. Ricardo Rosselló Nevares announced Tuesday the issuance of the first tax reimbursements for 2018 tax returns, which totaled some $50 million.

“This year, we have advanced all of the processes of the 2018 tax cycle, from the individual tax forms’ electronic filing, the opening of the Guidance and Tax Preparation Centers and the issuance of the tax return payments,” Rosselló Nevares said in a statement. “We exhort all taxpayers to comply with the state’s commitment while we work with the swiftness that sending of the payments merits.”

The Treasury Department has issued 61,900 checks. Treasury Secretary Raúl Maldonado said the agency will receive some 900,000 individual tax filings this year with about 200,000 received to date.

“The [tax] reimbursements are not government money, it belongs to our people, and the faster the tax forms are filed the sooner the reimbursements will be received,” Maldonado said. “During this process, we will also continue paying the reimbursements that remain pending from previous years, for various reasons, such as mathematical errors or other situations.”

During the first two days of service at the Guidance and Tax Preparation Centers, 1,446 individual tax returns were filed. Maldonado said this represents 60,000 more returns filed than last year.

“This demonstrates our taxpayers’ commitment and responsibility, who feel they can [help] lift Puerto Rico up,” Maldonado said.

From March 14 through April 15, the last day to file individual tax returns, Treasury staff will assist individuals whose incomes don’t exceed $150,000 at the preparation centers at Plaza Las Américas in Hato Rey, Plaza Carolina, Plaza del Caribe in Ponce and Mayagüez Mall. In addition, services will be offered in the municipalities of Caguas and Guaynabo and at the University of Puerto Rico (UPR) Bayamón Campus.

From March 14 through March 29, the preparation centers in the shopping malls will be open from 9 a.m. to 5 p.m. From April 1 to April 10, the will be open from 9 a.m. to 7 p.m. The municipalities of Caguas and Guaynabo and the center at UPR Bayamón will open from 8 a.m. to 4:30 p.m.

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