Even though the IRS has not yet announced the rules of the Income Tax 2024 Even though the program for filling out the declaration had not been released, questions on the topic had already started to arrive at Dinheirista.
One of the audiences that has the most doubts regarding the AND they are the Individual Microentrepreneurs (MEI)since, in addition to the Legal Entity declaration, they may also be required to deliver the Annual Adjustment Statement of the natural person.
In this week’s column, we answer the question of a MEI who has not declared, but discovered that it fell within the mandatory rules.
If you have questions about income tax or any other matter involving money and you want to see your question answered in this space, send it by email to [email protected] or via private text or audio message on Instagram @adinheirista. Enjoy and follow me there!
I have been a MEI for 5 years with an income of more than R$10,000 and I have never declared income tax because I thought I didn’t need to, since I always paid the DAS rate. But recently I discovered that I needed to declare it. What can I do now? Can I suffer any losses?
I understand that you failed to deliver the income tax declaration of the natural person, since, to issue the DAS, it is necessary to have submitted the MEI legal entity declaration.
Taxpayers who work as MEI may be required to submit the Annual Individual Income Tax Declaration if they meet one or more mandatory rules established by the Revenue. And the resources generated by work as MEI can be one of these factors that force the taxpayer to declare.
Income received from the company that constitutes the MEI is considered taxable income received from a business and subject to annual adjustment. In recent years, anyone who received income of this type worth more than R$28,559.70 in the year was required to declare – which is your case, from what you can tell.
Failure to submit your income tax declaration can cause a series of problems, so what you have to do is submit up to the last five late declarations, as this is the maximum period for IRS inspection.
Therefore, as you have been a MEI for five years, if your income in this period would have forced you to declare in all of them, you will have to submit all IR 2019 declarations (referring to 2018) here late.
To do this, you must download the past declaration filling programs on the Revenue website or fill it out online, via e-CACin the My Income Tax area.
Submitting a late income tax return, however, generates a MORE of 1% per month on the amount of IR due in the year to which it refers. The minimum amount is R$165.74 and the maximum is 20% of the IR due. O MAY to pay the fine can be issued together with the submission of the late declaration.
If, after completing the declaration, it is found that you still have tax to pay, this is also subject to a fine for late payment, in the amount of 0.33% per day, limited to 20%, plus interest Selic.
In this article you see more details on how to submit a late income tax return and in this other article I talk more about how to inform your MEI in the statement.
The Dinheirista video published on YouTube of Your Money this week is a special edition on Income Tax, to warm up the engines for the AND 2024.
In addition to this question about MEI, I also answer how to declare a dependent who has goods and receives alimony and how to declare cryptocurrencies that were lost due to fraud. Check out:
The Moneymaker, ready to solve your financial woes (or make you more desperate). Send your question to [email protected].