Last call: More than 500,000 taxpayers have not yet sent a 2023 IRPF declaration

The deadline for submitting the Individual Income Tax Declaration (IRPF) for 2023 is at 11:59 pm this Wednesday. Those who do not submit, or declare with incorrect or omitted information are subject to a fine.

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As the deadline for submitting the declaration of the Individual Income Tax 2023 (IRPF 2023), the Federal Revenue warns that more than 500 thousand taxpayers have not yet fulfilled the obligation. The submission deadline is until 23:59 this Wednesday (31) and those who do not send it, who do so with incorrect or omitted information, are subject to a fine. According to the Tax Authorities, it is estimated that between 38.5 million and 39.5 million documents will be received. As of 9:13 am today, as reported by the tax authorities, 37.96 million individuals had already submitted their income tax returns.

The IRPF

The income tax return is required for the following cases: people who obtained taxable income higher than BRL 28,559.70 in the previous year; individuals who obtained exempt income, not taxable or taxable at source with values ​​above R$ 40 thousand; those with equity above R$ 300 thousand; persons who carried out the sale of goods or rights with gains; individuals who had gross income above R$ 142,798.50 in rural activities during the year 2022; in addition to people who became residents in Brazil in any month and remained in that condition until December 31, 2022.

It is also necessary to inform those who obtained, in any month of 2022, profits from the sale of assets or rights subject to participation, or carried out operations on stock exchanges, goods, futures and similar, whose total exceeded BRL 40,000.00 (forty thousand reais). In addition, persons who have ascertained net earnings subject to subsidiaries and those who have been exempt from tax on the profit obtained from the sale of residential property, followed by the acquisition of another residential property within a period of 180 days.

IRS

The IRS recalls that failure to send the declaration or sending it with incomplete or incorrect information may result in a fine, in addition to other implications with the Revenue. Therefore, it is important for the taxpayer to verify all information carefully before submitting the return.

Delivery

O income tax generation program 2023 is available for download from March 9th. Next, we present the procedure for carrying out the download. It is advisable that the taxpayer submit the declaration within the deadline, even if it is incomplete, to avoid fines, and subsequently make the necessary corrections. It is important to point out that, after a data limit, it will no longer be possible to change the type of declaration from simplified to complete, or vice versa.

For those who haven't sent the statement yet, the IRS makes the IRPF 2023 program available on its website. It can be downloaded for free and installed on Windows, Linux or MacOS computers. In addition to the program, the Federal Revenue Service also provides the My Income Tax app for cell phones and tablets, which allows filling out and sending the declaration by mobile device. However, the option is only available for those who have a cell phone with an Android or iOS operating system.

Who does not submit the IRPF

Finally, the Federal Revenue recalls that the taxpayers who do not send the declaration within the deadline are subject to a fine of at least R$ 165.74, which may reach 20% of the total amount of tax due. In addition, they are unable to issue a negative debt certificate and may suffer other sanctions provided for in the legislation, such as blocking the CPF. Therefore, it is important that all taxpayers check whether they need to submit the statement and do so within the deadline.

Restitution

As of Wednesday, the release of the first batch of 2023 IRPF refund. It is expected that around 3 million Brazilian citizens will receive the amount today. In 2023, priority in payment of the first refund batch is directed towards beneficiary groups with the introduction of the pre-filled declaration and the refund option via Pix.

In 2023, priority in the payment of the first batch of refunds is directed towards beneficiary groups with the introduction of the pre-filled declaration and the refund option via Pix, that is, those who have priority are:

• 246,013 taxpayers aged over 80;

• 2,464,031 taxpayers between 60 and 79 years old;

• 163,859 taxpayers with physical or mental disabilities or serious illness;

• 1,052,002 taxpayers whose main source of income is teaching;

• 204,020 taxpayers who do not have legal priority, but received priority due to the use of the pre-filled statement or the option to receive the refund via Pix.