Income Tax: discover the benefits of making a pre-filled declaration

As of 2021, the option of making a pre-filled Income Tax return has become available to all taxpayers. In this format, certain financial, dependent and registration information is already included in the declaration. The information is from Agência Brasil.

Given this alternative, the question arises: is it more advantageous to opt for the pre-filled declaration or fill in the data manually? To answer this question, we have Carlos Moraes, professor of Accounting Sciences at Faculdade Anhanguera:

“Both options have their advantages and disadvantages. The pre-filled declaration can be faster and more convenient, as it requires less information, right? Not so much information is needed to be entered by the taxpayer. The traditional declaration allows the taxpayer to have more direct and detailed control over all the information included in the declaration, but it may take longer to complete. The best choice between the pre-filled and traditional declaration depends on your personal situation. If you have any doubts, it is recommended that you seek guidance from a specialized professional, such as an accountant.”

Deypson Carvalho, professor at UDF, mentions another benefit of the pre-filled declaration.

“Anyone who starts the declaration with the pre-filled one and chooses Pix as a way to receive the income tax refund will have priority for the refund”.

If you opt for the convenience of pre-filling, be aware that care must be taken to check whether the data is correct, as Professor Carlos warns.

“It is important to carefully review the data provided by the IRS to ensure it is correct,” he says.

It is important to highlight that the necessary corrections can only be made in the declaration generation program or in the My Income Tax application. It is not feasible to make corrections on the GovBR platform.

Additionally, the individual has the option to try both declaration models to determine the most appropriate one.

The period for declaring Income Tax extends until May 31st, and during this time, the IR 2024 Questions Answerer will be available to help you settle your accounts with the lion.