Who Should File Income Tax Returns in 2025? Rules and Newspiva

Filing an income tax return is an annual obligation for millions of Brazilians, and 2025 will be no different. If you're in doubt about who needs to declare and what's new this year, we've prepared this article with clear and objective information.

Who is required to file a tax return in 2025?

You must file an Individual Income Tax (IRPF) return if you meet at least one of the following criteria:

Taxable Income: You received more than R$30,639.90 in 2024.
Income Exempt or Exclusive at Source: Above R$ 200 thousand.
Rural Activity: Gross revenue of more than R$153,199.50 or intends to offset losses from previous years.
Assets and Rights: Has assets of more than R$ 800,000.
Financial Operations: Transactions on the stock exchange or capital gains on the sale of assets.
Resident in Brazil: Became resident in the country in 2024 and was so on December 31st.

What's changed this year?

Despite the Federal Government's proposal to increase the exemption for those earning up to R$5,000, the measure still depends on approval in Congress. Therefore, the exemption range remains at R$2,824.

Another important novelty is for health professionals: doctors, dentists, psychologists and others need to issue receipts via the Receita Saúde app. This measure aims to combat tax evasion and facilitate the pre-filled declaration.

Declaration deadline

The deadline for filing is March 15 to May 31, 2025. Missing the deadline implies a fine of 1% per month of the tax due, with a minimum of R$165.74 and a maximum of 20% of the tax due.

How do I declare?

You can choose between:

The e-CAC portal or the My Income Tax application, for simple returns.
Or you can download the Declaration Generator Program (PGD) on your computer, if you need more detailed information.

Deductions Allowed

Expenses that can reduce tax include:

Health, welfare and education expenses.
Alimony and dependents.

If you prefer, the simplified deduction of R$ 564.80 can be an interesting option for simpler returns.

Stay tuned! The declaration is an opportunity to organize your financial life and avoid future problems with the IRS. Don't leave it to the last minute!

If you have any questions or need help, our legal team is on hand to guide you through the process.

Get in touch with Piva Advogados and guarantee peace of mind and financial planning in your IRPF tax return.