There are taxpayers who are reviewing income tax returns from recent years and realizing that they may have missed a relevant tax benefit. The warning has gained strength in recent weeks, especially among those who recently started working and have not yet mastered all the available mechanisms.
According to , a website specializing in economics and current affairs, there are cases in which it is still possible to correct declarations already submitted and recover amounts that, in some cases, can reach hundreds or even thousands of reais. But there are rules, deadlines and conditions that cannot be ignored.
According to the same publication, interest in this topic has increased as more taxpayers realize that they may have completed the declaration without activating certain tax benefits. And that’s when the essential question arises: is it still possible to go back?
The detail that can recover money
The central point is the so-called IRS Jovem, a tax regime aimed at taxpayers in the first years of professional activity, which allows the tax payable to be reduced for a limited period.
In many cases, this benefit was not activated when the declaration was submitted, either due to ignorance or an error when filling out. The consequence may have been a higher tax than necessary.
There are deadlines that still allow correction
For the most recent yields, the answer is clear: there is still room to correct.
According to the Order of Certified Public Accountants, declarations for 2023 and 2024 can be replaced until June 30, 2026. This allows taxpayers to review the tax framework and, if they meet the requirements, activate the missing benefit.
In practice, this can translate into an additional refund.
Correction may have a cost
Submitting a replacement declaration generally involves paying a fine, normally set at around 25 euros.
Still, when higher values are at stake, many taxpayers choose to proceed with the correction, considering that the benefit outweighs the cost.
For older years, the process becomes more complicated
When it comes to income for 2021 and 2022, the scenario changes. In these cases, the deadline for submitting replacement declarations has already passed, which prevents a direct correction using the usual model.
There is an alternative, but no guarantees
The only option available is to submit a request for review of the tax act, through the Finance Portal.
This mechanism allows you to request a reassessment of the situation, but it depends on the decision of the Tax Authority. In other words, there is no guarantee that the request will be accepted, each case being analyzed individually.
The possibility of review is provided for in Brazilian tax legislation, but requires adequate justification and compliance with specific deadlines. In practice, the taxpayer has to demonstrate that there was a material error in the collection of the tax, which is not always simple.
Given this scenario, the recommendation is to carefully review the statements submitted in recent years. Confirming whether you were able to benefit from this regime and whether it was correctly applied can make the difference between recovering a significant amount or losing this right permanently.
Time continues to count
In tax matters, the time factor is decisive. According to Executive Digest, there are taxpayers who still have time to correct the situation, but others will have already exceeded the legal deadlines and are dependent on more complex processes.
In the end, there is a simple conclusion: whoever acts quickly can still recover money they thought lost.
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