See how to donate part of the IR to funds intended for children and the elderly

Ten days before the deadline for the Income Tax declaration, which ends at 11:59 pm on the 31st, almost 10 million taxpayers need to report to the Federal Revenue Service. And there is still time to do a good deed: donate part of the tax due in the year to charities.

For those who send the declaration using the full form (and not the simplified form), it is allowed to donate up to 3% of the tax due to the Funds for the Rights of Children and Adolescents, and up to 3% more to the Funds for the Elderly, directly through the declaration of the GO.

According to the IRS, the taxpayer will need to generate a Darf (Documento de Arrecadação das Receitas Federal) for each donation informed, regardless of whether he has tax payable or refunded. Payment of Darf(s) must be made by May 31st.

“Donations made directly in the declaration do not change the amount of the tax calculated, they will only be destined according to the taxpayer’s option. .

How it works for those who have tax payable or refund receivable

The donation is more practical for those who have tax to pay. In these cases, the amount to be allocated to the entities will be deducted from what the taxpayer should pay to the IRS. If he chooses to make two donations, for example, he will need to pay three Darfs: one from the donation to the child’s fund, one from the donation to the elderly fund and another with the rest of the tax payable that is still left.

In the case of taxpayers who have a refund to be received, it will be necessary to pay the Darf with the amount destined for assistance funds until May 31. The total of this donation will be added to the refund, that is, it will only be returned to the taxpayer when the refund is deposited in one of the payment batches. For example: if he collects BRL 100 from the elderly fund and was entitled to a BRL 200 refund, when he receives the refund, the Revenue will pay BRL 300.

how to donate

When filling out the Income Tax return, the taxpayer must select the “Donations Directly on the Declaration” tab, on the left. Click on new and choose the desired fund, whether it is national, state or municipal, and fill in the value field up to the limit available for the donation (the program calculates this amount automatically).

According to the IRS, “Funds for the Rights of Children and Adolescents” and/or “Funds for the Rights of the Elderly” can be chosen.

The amount limit that the taxpayer can allocate to these entities is calculated by the declaration program itself, after entering data such as income received in the year and withholding tax, among others.

It is not possible to choose the social project to which you wish to contribute. When making the donation, the citizen chooses the Children and/or Elderly Fund to which he wants to allocate IR resources and the managing bodies of these funds choose which social projects they will apply the resources to, according to their own rules, he informed. the recipe.

Donations are calculated on the Income Tax due calculated on the return (due in the year), and not on the balance of the tax payable when submitting the return. “That is, for the calculation of the incentive, the Income Tax due is first calculated before deductions from advances made, such as amounts withheld from salary, carnê-leão”, says the consultant.

Be careful not to fall into the fine mesh

According to the Federal Revenue, for donations made directly in the declaration, a data crossing will be carried out with the payment base and, if the system does not locate the payment, the declaration will be withheld (when consulting the statement extract, by e-mail). CAC, it will appear that it is “in process”) until the payment is located by the system itself.

If, by the end of the deadline for submitting the declaration, on May 31, the system does not locate the payment of Darf for the donation, the declaration will be retained in fine mesh and late payment will not be accepted for tax deduction purposes. .

According to the IOB consultant, failures or omissions of information in the declaration, such as income and deductions, are the reasons that lead the taxpayer to fall into the IR mesh, regardless of the donation made.

Deadline for submitting the declaration enters the final stretch

The deadline for submitting the 2022 income tax declaration is in the final stretch. The deadline is the 31st of May. Whoever is obliged to declare and delays delivery pays a minimum fine of R$ 165.74, limited to 20% of the tax due in the year.

The 31st is also the final date for those who have tax payable to pay off the single quota or the first installment. In this case, it will be possible to pay the single quota or the first quota per Darf. The other shares can be placed in automatic debit.

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