All taxpayers who own rental property and have received more than R$28,559.70 in rent during 2022 must provide this information in a declaration Income tax 2023. It is important to remember that not all sources of income and/or assets have been communicated to federal revenue It may result in fines.
According to information provided by the Department of Revenue, the rent that it taxable income, that is, the tax will be charged on the total amount received by the owner of the property during the base year. Despite this, there are differences between receiving rent from individuals and legal entities. Therefore, in this article we seek to clarify the basic taxpayer concerns.
rent received by individuals
According to the tax authorityIn cases where the rent received by the individual is less than R$ 1903.98 per month, the taxpayer does not need to enter this information in the tax return. Income tax. In cases where the amount exceeds the exemption ceiling, it is necessary to report the amount to tax authority.
In cases where it is valuable rent Exceeding R$1,903.98 per month, the taxpayer must enter information in the category “Taxable Income Received from Individuals and Outside by Owner,” and click on the “Other Information” field.
Amounts received by legal entities
In cases where the tenant is a legal personThe owner of the property must necessarily disclose this information in Income tax. For this, the taxpayer must enter the total amount of rent in the “Taxable income received from legal entities” area, and click on the “Tax withheld at source” field.
In addition, in the “Description” field, you must indicate the name of the company that leases the property and the CNPJ. In these cases, it is also necessary that the data be verified by tenant.
Find out who must declare income tax in 2023
a Income tax It is an annual tax levied on income individual that it legal in Brazil. This type of tax is one of the main means of collection for the federal government, as it is used to finance various public policies, such as health, education, and security.
advertisement Income tax It can be sent directly over the Internet. For this, it is enough for the taxpayer to have an account gov.br With silver or gold standard. In addition, it is also possible to submit the statement through the software that can be downloaded from the official Revenue channels.
When sending a file a permit It is possible to check some transactions in the system. Errors sent by the platform indicate missing or incorrect entry of mandatory information, while warnings appear when optional information is left blank.
Although the entire process is done online, The IRS reports that advertisements cannot be submitted between 1:00 AM and 5:00 AM (Brasilia time), that is, it is necessary to submit the advertisement at other times. In addition, it is recommended to keep an advertisement Income taxAs well as fabrics and receipts issued by the revenue for a period of up to 5 years.
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