THE Income Tax is an annual obligation for many Brazilians.
If you’ve never filed before, it may seem complicated, but we’re here to simplify the process for you.
What is Income Tax?
THE Income Tax It is a federal tax on the earnings of citizens and companies.
Every year, taxpayers must inform the Federal Revenue Service of their income and expenses from the previous year.
Based on this information, it is calculated whether there was an overpayment or underpayment of tax.
Who needs to declare in 2025?
For the year 2025, they must declare the Income Tax those who, in 2024:
- Received taxable income above R$$ 30,639.90: This includes salaries, pensions, rent, among others.
- Obtained exempt, non-taxable or exclusively taxed income at source above R$40,000.00: Examples are savings, workers' compensation, and donations.
- On December 31, 2024, they had assets or rights worth more than R$300,000.00: Such as real estate, vehicles and investments.
- They carried out operations on stock, commodity, futures and similar exchanges.
- Opted for exemption from capital gains tax on the sale of residential property, using the amount to purchase another property in Brazil within 180 days.
Preparing for the declaration
Before you begin, gather the following documents:
- Income reports: Provided by employers, banks and other paying sources.
- Receipts for deductible expenses: Expenses on education, health, social security contributions, among others.
- Asset documentation: Property deeds, vehicle documents and investment statements.
How to declare?
The Federal Revenue Service offers three platforms for the declaration:
- Online: Directly on the Federal Revenue website, accessible with a silver or gold level gov.br account.
- Computer program: Download and install the specific program on your computer.
- Mobile App: Available for smartphones and tablets.
For more details about each platform, visit the official IRS website.
Deadlines and penalties
The period for submitting the declaration usually begins in March and ends in May. In 2025, the deadline is expected to be March 17th to May 30th. Filing after the deadline will result in a fine, so pay attention to the official dates published by the Federal Revenue Service.
Tips for beginners
- Use the pre-filled declaration: Available to those who have a silver or gold gov.br account, it makes it easier to fill out with data already known to the IRS.
- Keep all receipts for at least five years.: This is important in case you are called to provide further clarification.
- Consider seeking professional help: If you have any questions or the declaration is complex, an accountant can be of great help.
Declare the Income Tax For the first time it may seem challenging, but with organization and attention, you will be able to fulfill this obligation with ease.
FAQ – Income Tax 2025
Do people with money in savings have to declare Income Tax in 2025?
It depends on the total amount. If the savings balance, added to other assets, exceeds R$ 300,000.00 on December 31, 2024, it is mandatory to declare. In addition, if the exempt income from savings is greater than R$ 40,000.00, it is also necessary to inform in the declaration.
What is the limit for not having to declare Income Tax?
In 2025, anyone who had taxable income below R$ 30,639.90 in 2024 you do not need to declare. Other factors, such as movement on the stock exchange and possession of assets above R$ 300,000.00, can also make the declaration mandatory.
Do I need to declare all the money that comes into my account?
Not all amounts received need to be declared, but taxable income (wages, rent, services rendered) must be reported. Transfers between personal accounts and exempt amounts, such as compensation, may not be mandatory.
When does the 2025 IR declaration start?
The IRS usually opens the filing period at the beginning of March and closes at the end of April. The exact dates will be published on the official website. www.gov.br/receitafederal/pt-br.
Who will need to file an income tax return in 2025?
You must declare who fits at least one of the following criteria:
- He had taxable income above R$ 30,639.90 in 2024.
- It received exempt or non-taxable income above R$40,000.00.
- Had goods over R$ 300,000.00 on 12/31/2024.
- Performed stock exchange operations.
- Got capital gain on sale of assets or received income from rural activities exceeding R$153,199.50.
How to declare Pix in Income Tax 2025?
THE Pix, in itself, does not need to be declared. However, amounts received via Pix, if they are taxable income (such as payments for services or sales), must be reported. If they are just transfers between your own accounts, there is no need to declare them.
How do I know if I will need to file an Income Tax return?
The best way is to analyze your income, assets and financial transactions for 2024. If you meet any mandatory criteria, you will need to declare it. You can also use the IRS simulator, when available, to check your status.
For more information and official updates on the Income Tax 2025, access the Federal Revenue website: www.gov.br/receitafederal/pt-br.