The batch of the 2019 income tax refund.
This is one of the moments that many Brazilian men and women await, because after all, all “extra money” is always welcome.
We have gathered a series of information that will certainly help you who are in doubt about the refund of your money.
The information was collected according to the official publications of the Federal Revenue Service.
It is known that, according to the registration made by Brazilian taxpayers, bank credit for 72,546 Brazilians has already started to be carried out for R$ 240 million which will be refunded.
In all, of this total, R$ 104.186 million are for taxpayers with priority in receiving: 1,848 elderly people over 80 years old, 11,528 between 60 and 79 years old, 1,621 taxpayers with a physical or mental disability or serious illness and 5,667 taxpayers whose main source of income be the magisterium.
To find out if the declaration has been released, the taxpayer must access the Revenue page on the Internet or call the Revenuephone 146.
When consulting the Revenue page, e-CAC service, it is possible to access the statement extract and see if there are data inconsistencies identified by the processing. In this case, inconsistencies can be evaluated and self-regulation can be carried out by submitting a rectifying statement.
2019 income tax
According to official information from Revenue, are obliged to declare O Income tax taxpayers who: Received taxable income (such as salaries and rents), whose annual sum was greater than R$ 28,559.70. Or those who had, in 2019, gross revenue in excess of R$ 142,798.50 in rural activity.
2019 Income Tax Refund Calendar
The payment of the income tax refund is carried out in order of delivery of the returns. Priority is given to taxpayers aged 60 or over, especially those over 80; physically or mentally handicapped; people with serious illnesses; taxpayers with higher income from teaching.
In all, the Revenue provides seven batches of restitution, between the months of June and December. Taking it out for last year.
According to official information, the 2019 Income Tax refund schedule was as follows:
1st batch: June 17;
2nd batch: July 15th;
3rd batch: August 15th;
4th batch: September 16;
5th batch: October 15th;
6th batch: November 18;
7th batch: December 16th.
That is, to know when you will receive your refund, just check which batch you fit.
Who has already received it?
Only those scheduled on the calendar above need to meet all the requirements contained in the income tax return rules.
Who will receive?
Those who comply with the main rules of income tax refunds should pay attention to the release of lots for income tax refunds by the Federal Revenue Service.
From June to December, seven batches are released.
You can also use the Receitafone, calling 146, for information, or even download the Revenue application for your cell phone and follow the release of the batches.
The Federal Revenue website also provides a service where the taxpayer can register his number and receive an SMS as soon as his refund is released.
The amount of the income tax refund is corrected according to the Selic rate. Once it is made available to the taxpayer, the deposit is made in the bank account indicated by you at the time of declaration.
IR 2020 has been postponed
Attention, the deadline for submitting the income tax return for individuals has been extended by two months. The announcement was made by the Ministry of Economy. The declaration of income tax 2020, calendar year 2019, which would end on the 30th, can be held until June 30th. What is the reason for this change?
Due to the current Coronavirus crisis, the IRS has agreed to extend the deadline after hearing reports from taxpayers alleging difficulties in obtaining documents at the company or getting receipts for expense deductions.
The Federal Revenue reported that due to the postponement of the deadline for submitting the 2020 IR declaration, the refund credit also tends to have its deadline changed, but there is still no defined date. Therefore, officially it is still more prudent to wait for the new calendar for this year.
How to consult the 2019 income tax refund?
The Revenue also provides application for tablets It is smartphones, which facilitates the consultation of Income Tax declarations and the situation in the Individual Taxpayer Registry – CPF.
With it, it is possible to consult directly in the Federal Revenue databases information on the release of income tax refunds and the cadastral status of an enrollment in the CPF.
The refund will be available in the bank for one year. If the taxpayer does not make the redemption within this period, he must make a request, through the Internet, through the Electronic Form – Refund Payment Request, or directly in the e-CAC, in the DIRPF Processing Extract service.
If the amount is not credited, the taxpayer may go to any Banco do Brasil branch or call the Call Center by calling 4004-0001 (capital cities), 0800-729-0001 (other locations) and 0800-729-0088 (special exclusive telephone number for the hearing impaired) to schedule credit in a current or savings account, in your name, at any bank.
Final thoughts on income tax
We separate some practical tips and give some examples of what to do with your income tax refund:
About pay your debts: those who have debts should have their discharge as a priority. We know that debts generate interest, can dirty your name and compromise your credit score;
Save: the second option is to save all or part of the money and start a reservation. If you are already debt free, having that money set aside for any emergencies will help you remain a good payer;
Invest: for those who no longer have debts and already have “heavy” savings, the best option is to combine the money from the income tax refund and their savings to invest. Run some simulations through our calculator!
It is obvious that to do this it is necessary to know a little about the financial market. But nowadays it is possible to count on safe investment options and with a regular income.
