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Puerto Rico – State tax status

On this screen, Clarity complies with the Add state Puerto Rico and enter information from Form 499 R-4.1 in the following ways:

(All dollar values listed below are annual amounts)

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This will contain the number of dependents from Box B of the Form 499 R-4.1 rounded up or down based on preference if the employee has chosen ‘Joint Custody’.

This would result in an additional exemption of $2,500 per dependent or $1,250 if the employee has indicated filing jointly (see below for description).

Filing Status:

As indicated in Box A, on lines 1 and 2, select the employee’s personal exemption status. This will result in a personal exemption amount of $3500 for single and $7000 for married, as well as 0 for none. Head of Household will apply $7000 as the base allowance in ‘Total Number of Allowances’, below.

 

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Filing Jointly checkbox:

If, above Box A, the employee has checked the box for ‘Check here if you choose the optional computation of tax in the case of married individuals living together and filing a joint return’

Total Number of Allowances:

 These each represent $500 of allowances.

Box C Line 4 indicates how many allowances the employee wants to claim, generally, this value should be entered into the ‘Exemptions’ box.

Note: If the employee has indicated in Box C line 1 that they choose ‘Complete’, please see the instruction sheet for Form 499 R-4.1 (This will result in an ADDITIONAL number of exemptions, worth $500 credit each, that you will add to the other exemptions as indicated by the employee). If the employee has indicated on Box A line 3 that they wish to claim veteran status, add 3 additional exemptions (the veteran exemption is $1500)

Summary:

If the last check box above section A is checked, then check ‘Filing Jointly’.

Select the appropriate ‘Filing Status’ based on Section A. If Section A line 3  (Veteran’s Personal Exemption), is filled out, add 3 to the total for ‘Allowances’.

The number of dependents from Section B should be indicated under ‘Exemptions’. If the employee has indicated ‘Joint Custody’, add this number divided by 2 (round up or down as the employee chooses). This section will assume a personal exemption based on ‘Filing Status’.

Section C, Line 4 should  be added to the value put into ‘Allowances’.

Example 1:

Form 499 R-4.1:

Section A: The employee has indicated ‘Complete’ on Line 1

Section B: The employee has put 4 under ‘Complete Exemption’ and 3 under ‘Joint Custody’

Section C: The employee has indicated 2 on Line 4.

In Clarity:

Exemptions: 5 (or 6)*

Filing Status: Single or married claiming all

Total number of allowances: 2

Notes for example 1: *Exemptions is 4 from Section B ‘Complete Exemptions’, plus half of the ‘Joint Custody’ value.

Example 2:

Form 499 R-4.1:

Section A: The employee has indicated ‘Complete’ on Line 2 and indicated ‘Complete’ on line 3.

Section B: The employee has put 2 under ‘Complete Exemption’

Section C: The employee has indicated 0 on Line 4.

In Clarity:

Exemptions: 2

Filing Status: Married or Head of Household

Total number of allowances: 3

Notes for example 2: Head of household is claimed to allow for the $7000 personal deduction. If the employee had indicated ‘Half’, then the ‘Single or married claiming all’ or ‘married claiming half’ options could be used. There are 3 allowances to account for the $1500 Veterans allowance. Had there been any allowances in section C, they would also have been added here.