Income Tax: How to declare the couple’s property after divorce?

I bought a property in 1989 for R$86,956 with my wife. In 1995, as a result of the divorce, I bought her 50% for R$30,000. I have released the original value and the 50% of the same property as if they were two goods, with the description of the fact. Should I add the values ​​and put the value of the property as R$ 116,956 and make a single entry? (JP).

The acquisition of his ex-wife’s share cost R$30,000, which, added to his 50%, will result in a new cost of R$73,478. With the divorce, the acquisition of her share should appear in the Discrimination field (and not have been declared separately). Rectify the last five declarations to unify the records in Assets and Rights. Thus, in the Assets and Rights form, inform the group 01, code 11 or 12. In the Discrimination column and other specific fields, inform the property data and the form of acquisition (report the data of the divorce process, value, payment method etc.). Fill in the 2020 and 2021 fields with BRL 73,478. Write off the other record on the Assets and Rights form relating to the 50% of your ex-wife, previously entered in your statement.

Source: IOB Consulting

The deadline for submitting the 2022 Income Tax ends at 11:59 pm on May 31. In all, 34.1 million declarations are expected. Whoever is obliged to declare and misses the deadline pays a minimum fine of R$ 165.74, which can reach 20% of the tax due in the year.

WHO IS OBLIGATED TO DECLARE THE GO IN 2022:

• Workers, retirees and public servants who received taxable income of more than BRL 28,559.70 in 2021
• Who received exempt, non-taxable or taxed exclusively at source income above R$ 40 thousand in 2021, which includes the FGTS (Fundo de Garantia do Tempo de Serviço) and unemployment insurance, for example
• Who had, on 12/31/2021, assets and rights of more than BRL 300 thousand
• The taxpayer who carried out an operation on the Stock Exchange in 2021
• Who moved to Brazil and was here on 12/31/2021
• The taxpayer who opted for the IR exemption on capital gain (profit) on the sale of residential property whose value was applied to the purchase of another property in the country, within a period of up to 180 days from the sale
• Who had gross income from rural activities of more than BRL 142,798.50 or wants to compensate for losses in this area

SEE THE REFUND PAYMENT CALENDAR:

SEE THE CALENDAR OF TAX PAYABLE QUOTAS:

For those who have tax to pay, the single quota or first installment expires on May 31. It is possible to pay the IR in up to eight installments.