In addition to income with salary and profits on financial investments, it is necessary to inform the receipt of inheritance in the approval of the income tax (IR).
PUC-Rio Financial Professor (Iag), Roberto Gil OCHA, separates how inheritance is announced in the income tax:
- Open a new element in the section “An income, and non -taxable”;
- Enter the details of the inherited elements in “14 – Heritage Transfers, donations and inheritance;
- Add CPF or CNPJ from the donor, name, company name, and the total amount donated to the inheritance.
“The items received from the inheritance are exempt from the income tax for individuals. However, they are subject to the occurrence of the transmission tax on the reasons that highlight Mortis and the donation (ITCMD), according to the legislation in force in the Federal Unit of the heir,” explains Uchôa.
The admission of the income tax 2025 until May 30. The Tax Authority expects to receive about 46 million statement this year.
How to announce the division of goods?
The goods received in donation should be listed in the “goods and rights” section, detailing within the group and the opposite symbol, the expert says. In the “description” field, the taxpayer must determine the inherited element and describe the inheritance received. The PUC-RIO teacher advises that the total inheritance elements in the “goods and rights” section equals the total of the distinguished amount in the “exempt and non-tax income” section.
Inherited goods have already been sold
If the commodity is sold before the legal procedure represented in the participation or in the same year in which the inheritance transfer process occurred, then there is no need to declare the received good. In this case, the amount obtained with the sale must be informed in the “14 – Heritage Transfers, Fractions and inheritance”.
“However, if the taxpayer, in 2024, gets capital gains in selling a property or variable income that was received in the donation, this profit must be launched in the opposite form and follow the opposite income tax,” says Uchôa.
Inherited pension plan
To announce the inherited private pension plan, the expert explains that the taxpayer must be aware of the information in the income report issued by the Social Security Fund.
Parallel, the taxpayer must take into account whether the private pension box is the type PGBL – a free benefit generator, or VGBL – the life of a free benefits generator.
“Under the law, when there is a withdrawal of funds, the private pension fund must be obscured by the already corresponding income tax, which launches the net amount of the beneficiary,” says Professor PUC-RIO.
If there is a partial or total rescue of stabbing:
- Describe the value in the “Entry subject to exclusive/final taxes”;
- Add the classification of the element as “12 – others”;
- Include CNPJ information, company name, resource asset and total received value.
As for the inherited values that were not drawn from the box, the treatment is dependent if the box is VGBL or PGBL.
“VGBL is treated as an ordinary financial application. As such, we must turn on the balance on December 31 in the“ goods and rights ”section, in Group ’99 – goods and other rights,” with the code ’06 – VGBL – the generator of free benefits.
Uchôa adds that the income tax on the private pension can be to retreat or progressive.
Infrared to retreat It usually applies to PGBL plans and applies to the entire value: the applied capital in addition to interest. In this case, when there is clouds, the total amount of income subject to exclusive/final income should enter, with the type of income in “12 – the other”.
Don’t go progressiveIt applies to VGBL, it is imposed only on the amount of space benefit. At the time of withdrawal, then, there will be two different parts that must be done:
The value of the main amount, whose treatment is exempt and must be released as “a tax and irreversible income”, with the type of performance in “99 – others”;
The relative part of the benefits is credited, taking into account the withdrawal, and taxes are imposed on it, the same treatment as IR Term: The “Income subject to exclusive/final taxes” enters, with the type of income in “12 – another”.
“In all alternatives, the taxpayer must determine the name of the box and the CNPJ who has paid and discriminated with the details of the withdrawal, such as the history of the credit and the document number, along with, of course, the total amount that was set.”
