Deadline for submission of Income Tax 2023 ends on the 31st

Of the total declarations already submitted, 23% used the pre-filled form, which, according to the Revenue, reduces the risk of errors. This model enables the use of information available from government databases.

The Tax Authorities, however, warn that “all information must be checked and validated by the taxpayer before sending”.

Completion and delivery can be done through the Declaration Generator Program for the year 2023, which is available for download no site of the Federal Revenue; through the service online My Income Taxfor the Portal e-CAC or through the app tablets and cell phones.

Anyone who uses the pre-filled statement or chooses to receive the refund amount using the Pix key (provided the key is the citizen’s CPF) will have priority in receiving the refund, always respecting legal priorities, such as the elderly, teachers and people with disabilities.

Payment of refunds was divided into five monthly groups until September 29, according to the date of delivery of the declaration.

This year’s declaration presents a novelty in relation to those who have investments in the stock exchange, in the futures market or in similar investments: the mandatory declaration for this public was made more flexible.

Now, only those who sold shares whose sum exceeded BRL 40,000 or who made a profit of any amount from the sale of shares in 2022, subject to the collection of income tax, regardless of the value of the sale, are only obliged to send the declaration. Before, any taxpayer who had bought or sold shares in the previous year, in any amount, was required to declare.

FAQ

The vehicles of Brazil Communications Company (EBC) gathered the main guidelines for settling accounts with the Lion. To read and listen to all articles in the series IR 2023 FAQgo to the special page.

The taxpayer can also allocate up to 6% of the amount owed from the Income Tax to social projects and cultural activities, or 7%, if it includes sports projects.

It is possible to make the allocation in the statement itself. The limit is up to 3% of the tax for each special fund – for children and adolescents; and the elderly person. These amounts are deducted from the Income Tax due, that is, the taxpayer does not pay anything extra for it. In cases where the citizen has tax to refund, the amount will be added to the refund.

The Revenue also made available a step by step on its page on how to make the allocation for individuals and companies.

For audiovisual activities, in the area of ​​culture and sports and para-sports projects, there is no direct destination option in the declaration, but it is possible to deduct the amounts of donations that were made throughout the calendar year, in this case 2022.

For the Federal Revenue, the destination is a mechanism that allows the application of part of the tax collected in a cause considered important for the citizen, reflecting the social responsibility and values ​​of each taxpayer.