If you don't know how to fill out the document, see in this article the answers to the main questions about filling out the IR declaration
With the arrival of the income tax return period, many taxpayers are left with doubts about how to correctly fill in the document and avoid problems with the Federal Revenue.
Among the questions that generate more uncertainties is the investment in cryptocurrencies, which has become popular in recent years.
To help clarify the main doubts, we have prepared this article with 6 questions and answers about the income tax return.
1. Who needs to declare income tax in 2023?
According to the rules released by the Federal Revenue, those who need to declare income tax in 2023 are those who had taxable income above R$ 28,559.70 in 2022.
People who had exempt, non-taxable or taxable income above R$ 40,000.00 in the year, as well as in previous years, also need to declare.
In addition, there are other scenarios where the declaration becomes mandatory, such as who:
- Gained profit from the sale of goods or rights;
- Executed sales on the stock exchange;
- Had possession of assets that together add up to more than R$300 thousand;
- Chose to be exempt from tax on the sale of residential properties.
2. What documents are needed for the declaration?
In order to file the income tax return, it is necessary to have some important documents in hand, such as:
- Income reports;
- Proof of payments and receipts;
- Assets and rights documents;
- Private pension reports;
- Debt and encumbrance documents;
- Copy of previous statement.
In addition to these documents, it is also important to have personal data, such as CPF, full name, date of birth and updated address.
3. Where to find the income report?
The income report is a document that contains information about the taxpayer's income throughout the year, such as salaries, retirement, pensions, investments and other sources of income.
This document is issued by companies, banks and other financial institutions where the taxpayer has an account. In this way, it is possible to find the document from the application, internet banking or official contact channels of the institutions.
To access the income report, the taxpayer must access the bank's customer area or contact the customer service to request the document.
4. How to declare investments in cryptocurrencies?
Investments in cryptocurrencies must be declared in the Assets and Rights form, informing the acquisition value of the digital currency.
If there is a sale of cryptocurrencies in the year with profits, it is necessary to inform the value of the sale and the date of the transaction. In this scenario, cryptocurrency is seen as a capital gain, thus its declaration is mandatory.
5. How to pay income tax?
To pay income tax, the taxpayer can issue the DARF (Federal Revenue Collection Document) through the income tax declaration program or through the Federal Revenue website.
After completing the DARF with the declaration data, it is necessary to make the payment at a bank agency, lottery houses or through internet banking. Payment can be made in cash or in up to eight installments, plus interest and fine.
It is important to pay attention to the deadlines for payment of income tax, which are defined by the Federal Revenue Service and disclosed with the dates of delivery of the declaration.
6. What are the 2023 income tax deadlines?
The 2023 income tax deadlines were released by the Federal Revenue and run from 8 am on March 15 to 11:59 pm on May 31, 2023.
It is important to remember that taxpayers who miss the deadline for delivering the income tax return will be subject to fines and other penalties, in addition to having to bear interest and monetary correction if they have tax to pay.
Therefore, it is essential to organize yourself in advance and not leave the declaration to the last minute.