Financial institutions have until February 28 to send income tax receipts to taxpayers

Deepak Gupta February 23, 2022
Updated 2022/02/23 at 2:33 AM

Companies and financial institutions have until the day February 28thnext Monday, to send taxpayers proof of income for the year 2021. proofs are required for the declaration of the Income Tax (IR) of the Individual 2022. The date to start the IR submission deadline is scheduled to start on March 2nd.

According to information from the Revenue, the schedule for submitting the income tax declaration will be released within the next few days. Usually, the deadline to declare the IR starts from the 1st business day of March, until the end of April. However, in recent years, due to the Covid-19 pandemic, the final delivery deadline has been extended, which will probably also happen in 2022.

The income vouchers are used by the Federal Revenue to cross-reference data and verify the information provided by taxpayers. Such documents must be delivered by financial institutions to users via email, with links to be downloaded via the internet.

It is important to point out that individual health plans and pension funds are also required to provide proof. In these cases, the data will be used to deduct amounts charged to the taxpayer’s IR.

Retirees and Pensioners

Retirees and pensioners of the INSS (National Institute of Social Security) can get proof of income through the internet. The document is available on the website My INSSor through the Meu INSS app, with versions for Android and iOS.

Access the My INSS portal

If the taxpayer does not receive the documents within the deadline, it will be necessary to contact the company’s human resources department, or the manager of the financial institution. If the delay is not resolved, the IRS can be called.

Even if for some reason you do not obtain all the necessary documents, it is possible to send the Federal Revenue Service a preliminary version in the declaration, with the intention of not being fined by the agency.

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Source: Brazil Agency

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