The Federal Revenue extended the deadline for submitting the 2022 income tax return to May 31. Previously, the deadline was April 29. This is the third consecutive year that the IRS has postponed the deadline for submitting the income tax return.
The expectation of the Revenue is that 34.1 million declarations will be delivered this year.
Those who deliver early are more likely to receive the refund sooner. If you miss the deadline for submitting the document, the taxpayer will need to pay a fine of 1% per month on the tax due, with a minimum amount of R$ 165.74 and a maximum of 20% of the tax due.
Here’s how to organize paperwork to make filling out the declaration easier.
Who is required to declare
If you fit in at least one of the situations below, you are required to deliver the IR 2022 statement. Just fit in any of the situations, it doesn’t have to be in all.
Received more than BRL 28,559.70 of taxable income in the year (salary, retirement or rents, for example); or Earned more than BRL 40,000 exempt, non-taxable or taxed at source in the year (such as labor compensation or savings income); or Gained from the sale of assets (house, for example); orBought or sold shares on the Stock Exchange; or Received more than BRL 142,798.50 in rural activities (agriculture, for example) or have rural losses to be compensated in calendar year 2021 or in the coming years; ouOwned assets worth more than BRL 300,000; orYou moved to Brazil in any month of 2021 and stayed here until December 31; ouSold a property and bought another within 180 days, using the IR exemption at the time of sale.
Refund will begin to be paid at the end of May
The refund calendar will start at the end of May and will be divided into five lots.
1 lot: may 31stLot 2: June 30Lot 3: July 29Lot 4: August, 31Lot 5: September 30th
It is worth remembering that the refund follows a delivery queue, that is, the taxpayer who delivers before, receives first. Only the Elderly, people with disabilities and teachers have preference in payment, that is, they receive before other taxpayers.
As of this year, the taxpayer will be able to choose to receive the refund via Pix. The Revenue will make the deposit in the account linked to the taxpayer’s CPF key. You will not be able to use other Pix keys for credit, such as email and mobile keys.
