The Federal Revenue Service has announced some great news for taxpayers: the release of a new batch of Income Tax refunds. This event is especially relevant now, as the end of the year approaches, bringing financial relief to many.
Income Tax refunds represent the return of amounts overpaid by taxpayers. This situation occurs when the tax actually due, calculated in the annual tax return, is less than the total amount paid during the year. Therefore, the excess is returned to the taxpayer.
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Federal Revenue Service agrees on the Income Tax refund process
This process, conducted by the Federal Revenue Service, follows a specific schedule after analyzing the annual declarations. Refunds are issued in monthly batches, with priority given to the elderly, people with disabilities, and those who filed their declaration early.
Errors or omissions in the declaration can delay or even prevent the refund, so it is crucial to fill out everything correctly. Therefore, the consultation for this new batch is now available, and more than 350 thousand citizens are eligible to receive the amounts, which will be deposited soon.
How to check and receive the refund?
To find out if you are included in this refund batch, go to the IRS website. There, you will find the option 'Check Refund'. If you are entitled, the amount will be deposited into the account provided in the IRPF declaration.
This batch includes more than R$760 million, with priority given to the elderly, people with disabilities, teachers and those who opted to receive the funds via PIX. However, if the amount does not reach the account, it is possible to request it through Banco do Brasil within a year.
Priorities and benefits
The Federal Revenue Service establishes a priority order for the release of funds. In this batch, the first to receive are taxpayers over 80 years old, followed by those over 60 years old, people with disabilities or serious illnesses, and teachers.
Choosing PIX as the payment method also speeds up the process. Thus, this batch of refunds is an opportunity for many to better plan their finances, especially considering typical end-of-year expenses.
Image: Marcelo Camargo/Agência Brasil
