Income Tax 2022: Federal Revenue Office discloses rules for the declaration

Taxpayers will have between March 7 and April 29 to file their declaration of income to the Federal Revenue Office

Published on February 25, the Normative Instruction RFB No. 2,065 presents the rules and the calendar for filing the 2022 declaration of Individual Taxpayer Income Tax, calendar year of 2021.

For another year, the table has not been readjusted yet, thus, the values remain the same. Among the innovations, we find the possibility of receiving your tax refund and paying a DARF (Federal Revenue Payment Form) via Pix.

Check out the main aspects:

Deadline

Taxpayers are going to comply with this tax obligation between March 7 and April 29.

Who is required to declare?

The declaration must be filed by an individual taxpayer, resident in Brazil, who:

• has received taxable earnings, subject to adjustments in the declaration, whose total is greater than BRL 28,559.70;
• has received exempt earnings, non-taxable or exclusively taxable via withholding, whose total is greater than BRL 40 thousand;
• has gotten, in any given month, capital gain subject to the collection of taxes, through the alienation of goods or rights subjected to the collection of tax; or carried
• regarding the rural activity:

a) has gotten a gross revenue that is greater than BRL 142,798.50; ou

b) intends to compensate, in the calendar year of 2021 or the following, losses of previous calendar years or even of the calendar year of 2021;

• has had, on December 31, possession or property of goods or rights, including bare land, whose value is greater than BRL 300 thousand;
• has adjusted to the condition of resident in Brazil in any given month and was in that condition on December 31; or
• has opted for the exemption of Income Tax to be collected on capital gain derived from the sales of residential real estate, in case the product of this sale is applied to acquiring residential real estate located in the country, within the deadline of 180 days, counted from the celebration of the sales contract, on the basis of article 39 of the Law No. 11,196, of November 21, 2005.

Main innovations

Pix

The credit for the rebate in the account might be carried out via Pix, as well as Darf payment by taxpayers with taxes payable.

Home screen

New tab on the home screen, with a button for authentication through a gov.br account, important messages and useful dynamic links for services and guidance.

“Goods and rights” form

The Federal Revenue Office announced features to ease the completion of the “Goods and rights” form: grouping, removal, and creation of codes, besides modifications to better identify goods such as automobiles, vessels, airplanes, and constructions.

Dependents

Fields were created for new information: cellphone (optional), electronic address (optional), and the information of whether they live with the registrant.

Child Support/Alimony

The form starts to require the information about who the obligor is, this may be the registrant or any of their dependents.

Payments

Complementary Social Security: the code 38 – Individual Scheduled Retirement Fund – has been removed; those values must be declared on the 36 – Complementary Social Security (including FAPI); there is a field to inform any non-deductible amounts = extraordinary contributions.

On the code 99 – Other, it is going to be possible to identify with whom the expense was made: the registrant or the dependent.

For every code, it will be possible to inform a payment description.

Variable Income

The income from investment funds on agro-industrial productive chain (Fiagro) must be declared on the Variable Income form, alongside with Real Estate Investment Trust (FII). The compensation of results between those funds is allowed.

Prepopulated Declaration

The prepopulated declaration may be obtained through the authentication on the gov.br portal, as long as the taxpayer has an account with gold or silver security level. The agent can access the principal’s data.

The prepopulated declaration will be available on March 15.

Income Tax progressive tables

There has been no modification in values regarding the previous years. Take a look at the tables:

Opting for the simplified discount

The individual taxpayer may opt for simplified discount, corresponding to the deduction of 28% off the value of the taxable revenue in the declaration, limited to BRL 16,754.34.

Deductions

Deductions with dependents are limited to BRL 2,275.08 per dependent. Expenses with education remain at the individual annual limit of BRL 3,561.50.

It is worth remembering that dependents, of any age, must be subscribed to CPF to be linked to the declaration.

Preparation tools

The declaration should be prepared through:

• Programa Gerador da Declaração (Declaration Generating Software, or PGD) regarding the accounting year of 2022, made available on the Federal Revenue Office’s website: https://www.gov.br/receitafederal/pt-br;
• e-CAC’s service “Meu Imposto de Renda (Extrato da DIRPF)”, available on the same URL;
• “Meu Imposto de Renda” app, available on Google Play and App Store.

Rebate lots

1st lot	2nd lot	3rd lot	4th lote	5th lot
05/31	06/30	07/29	08/31	09/30

The rebates will be prioritized in agreement with the date in which the declaration is filed, observing the taxpayers’ categories legally determined as priorities: people who are older than 80 years old, those who are 60 or more years old, people with physical disabilities or serious illness, and taxpayers whose biggest income source is teaching.

Fines

Those who miss the final deadline for filing the document must pay a fine of 1% per month on the due Income Tax, with a minimum value of BRL 165.74, and a maximum of 20% of the Income Tax payable.

Accurate 2022 IR

DPC’s individuals team guides our clients in regard to complex and special situations on their declaration, assuring a filling that is compliant with the rules set by the Federal Revenue Office.

The team also acts with a view that is integrated to the remainder of obligations, with a thorough follow-up of requirements and deadlines. Count on DPC’s team: dpc@dpc.com.br.