Tips to make filing your Income Tax easier

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shukla7789
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Joined: Tue Dec 24, 2024 4:27 am

Tips to make filing your Income Tax easier

Post by shukla7789 »

At the beginning of each year, millions of taxpayers prepare to submit their Income Tax Return to the Federal Revenue Service, the tax that monitors the entire wealth growth of Individuals.

In 2022, the submission deadline started on March 7th and continues until April 29th. To make the declaration, it is necessary to download the Declaration Generator Program (PGD) by clicking here .

The tip is to try to get as much information as possible in advance to receive the refund, if applicable, at the beginning of the payment process. Another advantage is that the taxpayer can make any corrections in time before the deadline, in addition to avoiding slowdowns in the system in the last days of delivery.



Below, we provide a short guide to make it easier to cash app database your Income Tax return.



Who should declare?
The following groups of taxpayers must file their IRPF declaration this year:



– Anyone who received taxable income above R$28,559.70 in 2021;

– Anyone who had a gross income greater than R$142,798.50 from rural activities ;

– Has capital gains and stock exchange operations;

– Had possession or ownership, until the last day of the year, of assets or rights, including bare land, with a total value exceeding R$300,000.00 ;

If you are in doubt about whether or not to declare, contact your trusted accountant.





How to avoid problems when filling out


When it comes to submitting the declaration to the tax authorities, it is very rare to find a taxpayer who is not afraid of being caught in the fine mesh, that is, when the declaration is not approved according to the criteria of the Ministry of Economy.

Currently, the declaration system is highly qualified, however, some tips are essential to avoid problems with your Income Tax:



Organization


Keep your documents organized throughout the year. It will be much easier to fill them out when filing your return. If you are missing documents, problems may arise with the IRS.



Legitimate data


There is no point in trying to hide your income from the IRS or disguise it. Be as honest as possible, regardless of the possibility of a refund. Furthermore, falsifying documents is a crime!



Conference


Check that all the information provided matches the paying source.



Heritage


Don't forget to declare assets such as real estate, cars, among others.



Using Digital Certificate to facilitate the submission of the declaration


A quick and effective way to file your Income Tax is using a Digital Certificate . This document has come to make life much easier for individuals and legal entities. It works as a secure identification in electronic media, such as the IRPF declaration. With the digital signature, the information and documents submitted have legal validity, which guarantees the integrity and authenticity of the file sent.

One of the great advantages for those who have a Digital Certificate is the possibility of consulting the last five Income Tax returns. Taxpayers who do not have an e-CPF can only consult the declaration from the last year.

In addition, the Federal Revenue Service provides a pre-filled Declaration for those who use the electronic document. It already comes with some data filled in, such as income, deductions, assets and debts.
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