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Puerto Rico Child, Earned Income, Senior, and Low-Income Pensioner Tax Relief

Puerto Rico tax relief relevant to caregiver households, including the federal Additional Child Tax Credit path for bona fide Puerto Rico residents, Puerto Rico's earned income credit, and Puerto Rico credits for persons age 65 or older and low-income pensioners.

Puerto Rico caregiver households may have several tax-relief paths. Hacienda explains that Puerto Rico families with qualifying children may claim the refundable federal child tax credit through IRS Form 1040-PR or 1040-SS when applicable; for tax year 2024 Hacienda lists a maximum of up to $1,700 per qualifying child age 16 or younger, with earned-income and relationship/support/residence rules. Puerto Rico also provides a refundable earned income credit claimed on Form 482 with Schedule CT; the 2025 Schedule CT computes the credit by earned gross income and number of qualified dependents and lists maximums up to $7,774 for taxpayers with three or more dependents. For older adults, Puerto Rico's Form 481.10 covers the Credit for Persons Age 65 or Older and the Compensatory Credit for Low Income Pensioners. The age-65 credit is generally $200 and may increase to $400 subject to the General Fund test for eligible Puerto Rico residents age 65 or older whose total income does not exceed $15,000, or $30,000 for married taxpayers. The low-income pensioner credit is $300 for qualifying pensioners whose only source of income is pension income not over $4,800, excluding Social Security.

Questions to ask the program

These are questions to ask the program, not a verdict on your eligibility. Confirm the current rules directly with the program.

  • Does the person receiving care live in Puerto Rico? — Residency is usually the first thing a program checks.
  • Which tax year does this apply to, and what form claims it?
  • Does your employer already offer this, and have they told staff? — Some credits are claimed by the employer, not by you — asking is the move.

Services

Puerto Rico caregiver households may have several tax-relief paths. Hacienda explains that Puerto Rico families with qualifying children may claim the refundable federal child tax credit through IRS Form 1040-PR or 1040-SS when applicable; for tax year 2024 Hacienda lists a maximum of up to $1,700 per qualifying child age 16 or younger, with earned-income and relationship/support/residence rules. Puerto Rico also provides a refundable earned income credit claimed on Form 482 with Schedule CT; the 2025 Schedule CT computes the credit by earned gross income and number of qualified dependents and lists maximums up to $7,774 for taxpayers with three or more dependents. For older adults, Puerto Rico's Form 481.10 covers the Credit for Persons Age 65 or Older and the Compensatory Credit for Low Income Pensioners. The age-65 credit is generally $200 and may increase to $400 subject to the General Fund test for eligible Puerto Rico residents age 65 or older whose total income does not exceed $15,000, or $30,000 for married taxpayers. The low-income pensioner credit is $300 for qualifying pensioners whose only source of income is pension income not over $4,800, excluding Social Security.

How to apply

Use the official program page for application details: official program page.

  • eitc (companion): Puerto Rico's earned income credit is a territorial refundable credit with its own Schedule CT rules.
  • ctc (companion): Puerto Rico residents may claim the federal Additional Child Tax Credit through the Puerto Rico-specific federal filing path when eligible.