Last day for the income statement… How to present the income statement?

Annual income tax returns for business income, agricultural income, self-employment income, salary income, real estate capital income (rental income), capital income from securities and other gains and income (gain of increase in value and incidental gains) obtained by natural persons in 2022 31 It can be given until 23:59 on Friday, March 3.

WHO WILL GIVE THE INCOME STATEMENT?

Taxpayers will pay income tax if they provide a rental income of more than TL 9,500,000 from residence and TL 70,000 from workplace during the period from January 1 to December 31, 2022. An exception will apply for a single residence in the residence. Those who do not declare their rental income or under-declare will not be eligible for the exception.

Those who earn housing income above the exemption limit will file a return after this exemption rate is reduced. Since the exception fee can only be used on one residence, those who earn rental income from more than one residence will need to pay attention to this. On the contrary, if the declaration limit is exceeded in the rental income of the work center, the exception rate will not be deducted.

HOW TO PAY THE RENTAL STATEMENT?

Citizens can submit their rental declarations quickly and easily by logging into the “List Declaration System” on the Internet at the address “www.gib.gov.tr” and approving the prepared declarations or making the necessary changes. In addition, this procedure can be carried out at the tax office of the region where the residence is located. The Ready Statement system can be accessed 24 hours a day, 7 days a week.

YOU CAN PAY IN TWO EQUAL INSTALLMENTS

The taxes accrued to the person for the rental income can be paid in two equal installments in March and July. The first installment, together with the Documented Legal Acts tax, must be paid before March 31 and the second before July 31.

Taxpayers will be able to pay their taxes through the Interactive Tax Office and the GİB mobile application, branches of contracted banks, alternative payment channels (internet banking, telephone banking, mobile banking), PTT workplaces and all offices of taxes.

Taxpayers over 60 years of age who cannot use the internet or cannot go to the tax office, the illiterate, the disabled and the sick can seek help at the Tax Communication Center with the number “444 0 189”. An official from the Ministry of Finance will attend to these people according to the appointment system.

Taxpayers will be able to obtain all kinds of information by calling the GİB call center “Tax Communication Center” (VIMER-189) on filing annual returns.

DEADLINE FOR EARTHQUAKE VICTIM DECLARATION PERIOD AUGUST 15

Family members will prepare separate returns on their own behalf for the rental income they receive from assets and rights they own. On the return, if the actual expense method is selected, many expenses can be used in the deductions.

Expenses for lighting, heating, water and elevator borne by the landlord, insurance expenses related to the leased goods and rights, 5 percent of the acquisition price of a property leased as a home for a period of 5 years from the year of acquisition, tax paid for the leased goods and rights Many items can be used as a discount in the determination of rental income, such as taxes, fees and capital gains, participation fees for expenses paid to municipalities, property repair expenses and conservation expenses And maintenance.

In places where force majeure has been declared due to the earthquakes in Kahramanmaraş, tax returns to be filed by taxpayers can be filed until August 15, and taxes due based on these returns can be paid until August 31. August.

Taxpayers who are in the field of force majeure may pay by submitting their sworn statements before these dates.

PENALTY COMES FOR THOSE WHO DO NOT DECLARE

The head of the Real Estate Law Institute, lawyer Ali Yüksel, said in a statement on the subject that owners must file a timely declaration in order to benefit from the exception.

Yüksel said: “Those who do not submit their income declaration on time will face a tax penalty of a multiple of the tax when calculating income tax on the amount of unreported rental income and will not be able to benefit from the exemption.” . saying.

Expressing that monthly default interest will be paid for taxes that are not declared and paid on time, Yüksel warned that a penalty will be imposed for double and first degree irregularity for not declaring.

Noting that the number of taxpayers renting their residences and workplaces in Turkey is estimated to be around 13 million, Ali Yüksel said: “If the shareholders in the residence earn more than 9,500 TL per person, they must file a declaration “. he said. AA