How to make Income Statement 2021
The time to file your income tax return for 2021 has arrived, and it is important to be aware of everything that is needed to complete this process effectively. The Income Statement 2021 It is a mandatory procedure for all taxpayers, but it does not have to be complicated. With a little organization and the right knowledge, you can fulfill this tax responsibility without complications. In this article, we will guide you step by step so that you know exactly how to file income tax return 2021, with useful tips that will help you maximize your deductions and reduce your tax burden as much as possible. Don't miss this complete tour of the income tax return process!
– Step by step -- How to File Income Tax Return 2021
- Gather your documents: Before you start filing your taxes, make sure you have all your financial documents on hand, such as your W-2, 1099 forms, donation receipts, and more.
- Access the Income Tax Declaration portal: Enter the official website of the Tax Agency and look for the section corresponding to the 2021 Income Tax Return.
- Select the declaration method: Once in the portal, choose the method you prefer to make your declaration, either through the online platform or by downloading the paper form.
- Fill in personal information: Enter your personal information, such as name, address, tax identification number, and any other information required.
- Include your income and deductions: Complete the section corresponding to your income, including wages, interest, and any other sources of income, as well as any deductions to which you are entitled.
- Check the information: Before submitting your return, be sure to carefully check that all information is correct and there are no errors.
- Submit your statement: Once you are sure that everything is in order, proceed to send your 2021 income tax return, either through the online portal or following the instructions to send the paper form.
- Wait for confirmation: After sending your return, you will be waiting to receive confirmation that it has been received and processed by the Tax Agency.
- Make payment or receive your refund: Depending on your tax situation, you may be required to make an additional payment or be eligible for a refund. Make sure you follow the corresponding instructions.
FAQ
How to make Income Statement 2021
Who must file the income tax return in 2021?
1. Individuals who have obtained income from work greater than €22,000.
2. Those who have received income from movable capital or capital gains.
3. Those who have obtained income from economic activities.
What is the deadline to submit the income tax return in 2021?
1. The general submission period is from April 7 to June 30, 2022.
2. If the result is to enter with direct debit, the deadline is until June 25.
What is the necessary documentation to file the income tax return?
1. DNI or NIE.
2. Certificates of work performance.
3. Certificates of income from movable capital.
Where can you file your 2021 income tax return?
1. Through the Tax Agency website.
2. In Tax Agency offices by appointment.
3. With professional advice.
How to get the draft tax return?
1. Accessing the Tax Agency website.
2. Through the Tax Agency mobile app.
3. Calling the Tax Agency phone number.
What is considered income from work in the income tax return?
1. Salaries, pensions, unemployment benefits, and more.
2. Compensation for dismissal or termination of employment.
3. Returns in kind.
How can the payment of the income tax return be divided?
1. Indicating it at the time of submitting the declaration.
2. Through direct debit.
What are the consequences of not submitting the 2021 income tax return?
1. Possible economic sanctions.
2. Impediment to Obtain certain public aid.
Is there any type of help or assistance to file the income tax return?
1. Yes, the Tax Agency offers in-person, telephone, and online assistance.
2. There are also tax advisory services in many cities.
Can the income tax return be rectified once submitted?
1. Yes, by submitting a complementary declaration.
2. The deadline to do so is four years from the day following the end of the filing period for the declaration.