The deadline for submitting income reports for the Income Tax Return ends on February 28th.
Therefore, companies and employers must deliver the income report to their employees by 11:59:59 p.m. on the 28th.
The same applies to the DIRF (Income Tax Withheld at Source Declaration): it must be submitted to the Federal Revenue Service by the date indicated.
Find out more about how this process works and who needs to file an Income Tax return in 2023.
The Income Tax return must be filed through the DIRF 2023 program, to report income in 2022.
Find out which documents you need to separate to declare Income Tax here.
Who must file an income tax return in 2023?
I believe this is a question that many people ask: should I file an income tax return or not?
Don’t worry because we’re going to clear up this doubt once and for all now.
The Federal Revenue Service publishes the rules at the beginning of the year and taxpayers can consult the information directly on the website.
Therefore, they need declare tax of Income people who had taxable income (salary, bonuses, others) greater than R$ 28,559.70.
According to data from the IRS, in 2022 around 36 million Brazilians filed their Income Tax return.
Because of this, the IRS extended the delivery deadline that year from March to May.
This year there is still no set number of people who will declare taxes, but those who continue to receive one and a half minimum wages are exempt.
In this way, they must declare tax of income in 2023 people who:
- had taxable income above R$ 28,559.70, which corresponds to R$ 2,380 in the month;
- who received exempt, non-taxable income or income taxed exclusively at source above R$ 40 thousand;
- people who made a profit from the sale of goods;
- who carried out operations on the stock exchange;
- people with income from rural activities above R$ 142,798.50 and
- who has assets above 300 thousand reais
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