The season of tax return comes to life. From now, Monday May 20, it will be possible change, integration e to send il 730 pre-filled relating to the 2023 tax period. After an initial phase of mere consultation started on April 30th, it is now possible to intervene on the model to correct any omissions or inaccuracies. Once you confirm or change your tax information, it will be automatically updated. In the event that the pre-compiled form is free from errors, it will be sufficient to confirm and send it to obtain tax refunds more quickly. Watch out for deadlines: you will have until 30 September 2024 for the 730, and until 15 October for the Income model.
One of the new features this year concerns the simplification and accessibility of the pre-compiled tax return. This has been structured into clear and intuitive sections such as "family", "home and other properties" or "work", eliminating superfluous frames, codes and lines. This structure facilitates navigation and understanding of the data. Users now have the option to choose between one simplified mode or the use of pre-compiled ordinary mode, depending on your needs.
730 refund: when does it arrive?
The time to receive your refund may vary depending on the method and when the tax return was submitted. To receive quickly il reimbursement tax, those who are entitled should send the declaration as soon as possible. Usually, the refund is paid in the month following the submission of the declaration. For example, to receive your refund in July, you must submit your return by the end of May.
730 pre-filled “without substitute”: this is how it works
One of the most significant innovations concerns the possibility of choosing the "no substitute” before sending the declaration, even if you have a tax withholding agent such as employer or pension institution. This allows you to manage any refunds or payments directly with the Agency via the online system, using the IBAN of your current account.
In case of debt, it is possible to make the payment directly from the pre-compiled website or by printing the F24 form for ordinary payment. For those who use tax withholding agents, payments or refunds will be managed by them starting from July.
How to access the declaration and who is exempt
To access the tax return you must use Spid, Cie or Cns to enter in the reserved area on the site of the Revenue Agency. It is also possible to delegate a family member or a trusted person to access or submit the declaration at any Agency office.
Not everyone will have to file a tax return. I am exempted those who have income paid by a single tax substitute, derive from the main residence or from specific employment relationships or receive income subject to substitute tax or withholding tax. Also exempt are those who receive specific incomes, scholarships, war pensions, privileges and other specific allowances.
Those who received income in 2023 and are not eligible for exemption must file your 2024 tax return. This obligation also extends to persons required to maintain accounting records, such as the owners of VAT number, even though they didn't make any money. Another new feature concerns entrepreneurs and professionals, who can now consult the pre-compiled declaration and directly fill out the Income form via the application. Furthermore, they have the option to join the preventive agreement starting June 15th.
730, deductible and deductible expenses: pay attention to part E
When reviewing your pre-populated declaration, it is essential to pay particular attention to the panel E of the 730 model, which concerns the expense deductible e deductible to which the taxpayer is entitled.
It is important to carefully check that all expenses that may reduce your personal income tax or overall income are reported correctly. Furthermore, if you do not make changes to the form prepared by the Agency, it is not necessary to keep receipts and invoices relating to these deductions and deductions.
A particular focus must be placed on expenses for dependent children: it is possible that the tax authorities will not automatically insert them, especially in the presence of complex family situations. While the university expenses are usually considered, the same does not always happen for other expenses, such as donations to high schools or sports costs for minor children.
Among the new features this year, in addition to tax refunds usual (such as health, university and nursery expenses, renovations and so on) there are those relating to the "sight bonus", sent by nurses, pediatricians and relating to local public transport season tickets.
How do the controls work? Can the 730 sent be canceled?
The pre-compiled tax return offers a significant advantage: if no changes are made to the already completed form, the Revenue Agency will not carry out further Checks. In practice, if you do not add new expenses or change your income, there will be no extra checks by the tax authorities. However, it is important to know that if they emerge credits to be reimbursed exceeding 4.000 €, some could be started Checks estimates. This happens regardless of the method used to file the tax return.
If changes are made to the declaration, the Agency has time up to 5 years to carry out checks on documents. Accordingly, for 730 2024 models, the deadline for inspections is December 31, 2029. Therefore, you must keep all relevant documents for at least 5 years.
If you make a mistake, Is it possible to cancel the declaration? Starting from May 27th, it is possible to cancel a 730 declaration already sent and present a new form via the Tax web application. Attention: this operation can only be done once.
