Tax return time is fast approaching, and it's time for you, dear expat, to get ready. You have until the end of the month to complete the few steps that need to be taken on your Finance Portalas the DECO PROteste reminds us.
IRS: Four steps to take before the end of the month
Proper preparation is crucial to avoid last-minute stress. The DECO PROteste stresses the importance of taking steps now to ensure a smooth and accurate tax return. So, before March 31To ensure compliance with tax requirements and maximize available deductions, it's essential to follow these four recommended steps carefully.
Here's what you need to do between now and March 31:
- Check your tax deductions
Take the time to review your expenses and make sure your tax deductions are properly recorded. This includes rent, medical expenses and interest on home loans.
- Are your expenses accurate?
If this is the case, when you submit your tax return, opt for the automatic import of data from e-fatura. Don't forget to select "no" in question 6C of Appendix H.
- What if amounts are incorrect or expenses are missing?
If you notice any omissions concerning expenses related to health, education, retirement homes or real estate, refuse the automatic import and enter these expenses manually on your tax return.
- Update your IBAN
Make sure your IBAN is up to date with the tax authorities. Access your personal space on the Finance Portal (search for "my zone") and check the number indicated.
Get ready now to avoid last-minute hassles and make sure your tax return is complete and accurate. Follow these simple steps and you'll be ready to face the tax season with confidence.
