Income Tax 2023: Income paid fourth installment of refund this Thursday; See if you are in the group | Income tax

The fourth payment of income tax refunds for 2023 begins on Thursday (31). According to information from the IRS, more than 6.1 million taxpayers You will receive about 7.5 billion Brazilian reals In total.

of the amount to be refunded by the tax authorities approx 914.4 million Brazilian reals It will be paid to taxpayers who have priority for receipt. In total, they are:

In addition, the tax authorities must also pay approx. 6.6 billion Brazilian reals more than 5.7 million are non-priority taxpayers What Submit the advertisement by May 29, 2023.

Payments for IR 2023 refunds will be made in five installments, according to the IRS. The deadline for submitting returns is May 31.

See the refund payment schedule:

• First payment: May 31st
• Second batch: June 30th
• Third batch: July 31
• Fourth batch: August 31
• Fifth batch: September 29th

How will I receive the refund?

The refund is paid to the bank account notified by the taxpayer in the income tax return, directly or by indicating the PIX key.

It is worth noting that the account must be in the name of the taxpayer, with exceptions allowed in the case of a deceased, minor, incapacitated taxpayer, or one who leaves the country permanently.

How do I know if I have any amount to receive?

To find out if a refund is available, the taxpayer must go to the online revenue page and click on the “My Income Tax” option. Then just click on “Check Refund”.

The Federal Revenue Authority indicated that it also provides an application for tablets and smartphones that allows you to consult directly in the Federal Revenue Databases information about issuance of refunds for IRPF and the filing status for enrollment in the CPF.

I have not received my refund. what should be done?

The first step is to check the status of your refund. Inquiries can be made by extracting the statement, through the My Income Tax System, which is available at the e-CAC (Virtual Service Centre).

Depending on revenue, some of the main reasons for non-receipt are:

• Your time has not come yet – For this reason, the tax authorities recommend that taxpayers pay attention to the timetable for receiving the refund;
• you are in financial network;
• you are in discount networkthat is, she has debts and her repayment will be used to meet her;
• Your bank account information is incorrect or the account has been closed (Learn what to do below.)

What to do if the bank details are wrong or the account has been closed?

According to the tax authorities, there are two possible routes in these cases:

If the refund has not yet been released

In this case, the taxpayer can correct the information in the return and be informed of the new bank details. Taxpayers can also access the service “Consult and change account for refund credit”, which is available in the Meu Imposto de Renda system, in the e-CAC.

If the refund has already been issued

In this case, refunds are sent to Banco do Brasil and are available for one year for refund. To get the new values, the taxpayer needs to inform the new bank details on the bank’s website.

It should be noted that referring payroll accounts to receive refunds is not permitted, since this type of account can only receive payroll credit, earnings, wages (basic salary for military personnel), salaries, retirement, pensions, and the like.