HomeEconomyThe deadline for declaring general family expenses bills starts next Thursday

The deadline for declaring general family expenses bills starts next Thursday

The deadline for taxpayers to complain about the amounts of general family expenses calculated by the Tax Authorities (AT) starts next Thursday and lasts until the end of this month.

After verifying and validating invoices for expenses incurred in February, taxpayers can now verify the amounts determined by the AT for purposes of withholding IRS collections and claiming, if applicable, so-called family expenses.

This expense category entitles each taxpayer to a deduction of 250 euros from the IRS collection, for expenses related to water, electricity, telecommunications and most products purchased, for example, in supermarkets, or purchases of fuel, clothing or household appliances, under many others.

The deadline for performing this verification and submitting any complaints ends on March 31.

The end of this month of March is also the deadline for choosing an entity to which to allocate a portion of your IRS or the “rebate” on the tax by requesting an invoice in industries such as restaurants, hairdressers, vets or body shops. cars and motorcycles.

If you do not do this, the taxpayer can still make this consignment when completing your annual IRS return.

Contrary to what happens with the deduction for general family expenses, taxpayers cannot claim the calculated amount for deductions related to health care, education, housing or real estate expenses.

Still, if they disagree with the values ​​calculated by the AT (which they can access on their personal page on the Finance Portal), taxpayers can make the corrections they deem necessary when completing the IRS return.

It should be noted that in this situation they must keep the corresponding invoices for four years.

Filing of the annual IRS return, covering 2022 income, begins April 1 and ends June 30, and for many thousands of taxpayers, this process boils down to the few minutes it takes for the verification and confirmation of the IRS automatic.

Author: DN/Lusa

Source: DN

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