Taxpayers who have not yet submitted their income tax return have until the 31st of this month to complete the process. The deadline was originally April 29, but the IRS decided to extend the limit.
According to the latest data made available by the Revenue, until last Friday (29), 17.8 million statements had been delivered. For this year, 34.1 million declarations are expected.
Anyone who does not submit the declaration by the end of this month must pay a fine of 1% per month on the amount of income tax due, limited to 20% of the amount of Income Tax. The minimum amount of the fine is R$ 165.74.
The fine is generated upon delivery of the declaration and the release notification is attached to the delivery receipt. The taxpayer will have 30 days to pay the fine, according to the IRS. After this period, interest on arrears (Selic rate) begins to run.
who must declare
- Taxpayers with taxable income, subject to adjustment in the declaration, whose sum was greater than R$ 28,559.70 and, in relation to rural activity, obtained gross revenue in an amount greater than R$ 142,798.50;
- Persons with exempt, non-taxable or taxed exclusively at source income, the sum of which was greater than R$40,000;
- Individuals residing in Brazil who, in calendar year 2021, had, in any month, capital gain on the disposal of assets or rights, subject to the incidence of tax, or carried out operations on stock, commodity, futures and similar exchanges, or who had, on December 31, possession or ownership of goods or rights, including bare land, with a total value exceeding R$300,000
Necessary documents:
- CPF;
- Income reports from the paying source(s), including financial investments;
- Updated bank account data for refund or tax debits;
- Name, CPF, degree of kinship of dependents and date of birth;
- Updated address;
- Copy of the last Individual Income Tax Return;
- Professional activity currently carried out;
- Receipts and payment vouchers that generate a deduction in the tax calculation, for example: medical expenses, health plan, education / instruction expenses;
- Other documents such as those proving the acquisition or sale of goods and rights to be duly declared.
Refund calendar:
IRPF 2022 refunds will be made in five batches:
- May 31, 2022;
- June 30, 2022;
- July 29, 2022;
- August 31, 2022;
- September 30, 2022
Source: CNN Brasil
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