Income Tax 2022: Find out if cashback amounts need to be declared

With less than a month to go before the deadline for submitting income tax returns, many taxpayers still have doubts about how to fill out the Federal Revenue documentation.

Among these doubts is how to declare the cashback amounts received, mainly through e-commerce purchases.

According to David Soares, editorial analyst at IOB, the cashback does not need to be declared in the income tax, as “it is not an asset increase, an income measurement”.

Soares explains that the taxpayer makes a purchase with money that had already been measured from another activity. Of this amount, the company from which the individual purchased the product will reimburse, which does not constitute a new income measurement.

Soares compares the cashback to the change we receive. “By going to a store and buying a product in cash, the taxpayer receives change, but it is not new income. Therefore, he is not subject to taxation.

The analyst recalls that the issue was already addressed by the Federal Revenue in 2017, in a consultation solution where the agency expressed itself on not being necessary to declare this type of value.

Learn more about the declaration

The Income Tax declaration started on March 7th and the deadline for submission ends on April 29th.

For this year, 34.1 million returns are expected, a number close to the 34,168,569 received in 2021. All Brazilians with taxable income above R$ 28,559.70 will be required to declare the IRPF 2022, the same amount as last year.

who must declare

Those taxpayers with taxable income, subject to the 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.

In addition, 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 levy of tax, or carried out transactions on stock, commodity, futures exchanges and similar, 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