eFile your Form 941 for Q2 by July 31, 2025 to avoid penalties. eFile 941 Now
W-2 Filing Available for All Businesses and Individuals
We are pleased to announce that all businesses and individuals can now file W-2 forms with Zenwork. If you previously received a letter from the Social Security Administration (SSA) regarding electronic wage report submissions, please note that the issue has been fully resolved. Our systems are fully operational, and we are processing W-2 and W-2C filings without any disruptions.
Thank you for your continued trust!
1099 Forms
Payroll Forms
STOCK OPTIONS
WAGE TAX FORMS
FORM 592-B
ACA FORMS
1098 FORMS
480 FORMS
Extension Forms
Form 8027
Form 8955-SSA
1042 FORMS
5498 Forms
STATE FILINGS
STATE Payroll Forms
STATE ONLY FILING
WEST
MIDWEST
SOUTH
NORTHEAST
File multiple returns through bulk upload and import data directly via QuickBooks, Xero, etc.
Manage multiple clients with a single sign-on and reduce operation workload with Tax1099.
Create, validate, schedule, and deliver forms effortlessly from a single platform.
Manage W-9, 1099-NEC, and other IRS forms for gig workers with our intuitive platform.
Verify Payees/Merchants with real-time TIN Matching and efile in bulk with our API.
Import and organize your trading data with our real-time data management.
TAX FORM FILING
Data Import & Management
USER & WORKFLOW MANAGEMENT
Validation & Checks
PRINT & DELIVERY
COMPLIANCE & security
ADDITIONAL FEATURES
Integrations
Acquire the help required from our support.
Visual guides to help you work with Tax1099
Stay up to date about latest IRS updates.
Read the real-life success stories of our users.
Explore industry insights & latest updates
The A-Z list for tax-related terms & definitions.
Detailed guides for smarter tax compliance.
Listen to thought-provoking insights and discussions with experts.
Tools
Looking for an efficient way to file your 480.6D online? IRS-approved Tax1099 allows you to eFile your Form 480.6D with security and ease, all online. IRS Form 480.6D is used to report distributions and payments from Puerto Rican sources to individuals and entities.
Important note: These forms are available through Tax1099 for Enterprise users only. See our pricing page for more information on different account types.
Form 480.6D stands for Informative Return - Exempt and Excluded Income and Exempt Income Subject to Alternate Basic Tax. It is part of Puerto Rico's information returns and is used to report payments related to dividends, partnership distributions, or interest income from cooperatives. If your organization has paid $ 500 or more dividends or interest to residents or entities within Puerto Rico, you are required to file Form 480.6D.
You should file Form 480.6D when you have made payments of $500 or more to another individual for certain types of exempt income during the year. The purpose of filing this form is to report these payments to the Puerto Rico Department of the Treasury. This helps ensure that all exempt income is properly documented and compliant with tax regulations.
If businesses, cooperatives or individuals have issued payments of $ 500 or more concerning dividends or interest in Puerto Rico, they must file Form 480.6D. The former does this to ensure proper reporting of taxes from the recipients of income in these forms. A business could avoid underreporting and adhere to Puerto Rico tax law by filing Form 480.6D. This includes payments related to nonqualified stock options, qualified pension plans, governmental plans, deferred compensation plans, compensation for injuries or sickness, non-deductible individual retirement accounts, and special compensation due to business liquidation or closure.
It should be filed with the Internal Revenue Service by the 28th of February after the tax year in which payments were made.
You will receive IRS acknowledgement of your eFile by email within 3 - 7 business days.
The penalty that should be charged for failure to file Form 480.6D in Puerto Rico is one that must be reported, which includes income from certain payments, such as interest, dividends, and other distributions. The lists of late filing penalties include:
For each return filed after the due date of an information return, Form 480.6D, a charge of $500 is assessed. The charge applies to any form that was not received by the due date.
It’s essential for businesses to comply with the filing deadlines to avoid these penalties.
Automated Compliance: Upload your files into Tax1099 and reduce the risks of mistakes, knowing that your Form 480.6D is properly filed.
Quick & Secure Filing: eFile Form 480.6D directly with Puerto Rico Treasury without having to leave your office. Tax1099's secure eFiling platform employs our 256-bit encryption.
Seamless Integrations: Imports smoothly into your current accounting software-Xero, QuickBooks, and more--then eFiles for you.
Real-time Validation: Eliminate errors by checking your 480.6D forms in real time to ensure accuracy when you submit.
Audit Protection: Maintain an audit trail of all your forms and access any forms filed directly from your account to maintain the proper documentation and audit protection for your business.
Let us help you calculate your next eFile
*Read more on Pricing below The CFSFP Combined Federal State Filing Program allows parts of your federal eFile to be transmitted to the state at no extra charge. Non-participating states must receive a direct file. Learn more about state filing here.