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Income Tax is a topic that generates many doubts, especially regarding refunds. In this article, we will clarify how the Federal Revenue Service pays the IR refund in 2024.
Income Tax refund is the amount returned to the taxpayer when there is an overpayment or undue withholding at source during the fiscal year. It is the taxpayer's right to receive back what was overpaid to the government.
How the Income Tax Refund Process Works
After filing your Income Tax return, the Federal Revenue Service analyzes the information provided by the taxpayer.
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If everything is correct, the declaration is processed and, if there is a right to a refund, the amount is released for payment.
There are three ways to receive your Income Tax refund:
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- Current account credit;
- Savings indicated by the taxpayer at the time of declaration;
- By means of a check sent to the address registered with the Federal Revenue Service.
Refund Schedule
The Federal Revenue Service establishes a calendar for the payment of Income Tax refunds, divided into monthly batches.
The first batches are intended for taxpayers with priorities, such as the elderly, people with disabilities and those with serious illnesses. Check them out below:
| Batch | Date | Priority |
| 1st | May 31st | Priority groups |
| 2nd | June 28th | Priority groups |
| 3rd | July 31st | Other people |
| 4th | August 30th | Other people |
| 5th | September 30th | Other people |
To track the status of the Income Tax refund, the taxpayer can access the Federal Revenue website and consult the Extract from the IRPF DeclarationThere, you can check whether the declaration has been processed, whether there are any pending issues or when the refund is expected to be paid.
It is worth noting that you need to be careful when checking, as the Federal Revenue Service has already issued a warning blows, such as fake apps that steal users' data.
It is important to understand how the refund process works and monitor its progress to ensure you receive the amount due.
Image: Canva / Editing: Roberta de Oliveira
