How long does it take to file a 3-personal income tax return?
We propose to talk about the norms of Russian legislation, which set the deadline for filing in 2019 for a tax deduction, as well as for the payment of personal income tax. In addition, taxpayers will find out what punishment awaits them if they deviate from these time frames regarding sending the declaration to the tax service for consideration, and also in what cases it is permissible to delay the submission of the 3-NDFL form.
- An empty declaration form for 2017 is posted.
- Download a sample of the completed form 3-NDFL.
- Declaration software is downloaded from here.
As you know, in order to reimburse the overpaid tax associated with a certain type of cost (for example, paying for expensive treatment in a medical clinic), the taxpayer needs to draw up and submit a 3-NDFL form for verification.
However, when exactly an individual will carry out this process is also important, since most tax deductions are subject to statute of limitations, the essence of which is that after their expiration, the right to accrue a deduction ceases to be valid.
Attention! The starting point from which the statute of limitations should be counted is the day when the money was officially spent by the individual. For example, if a taxpayer paid for a contract with an educational institution on May 16, 2019, then on the same date in 2019 it will be considered that exactly one year has passed.
By what date do you have to submit the form?
Individuals applying for a reduction in their tax base due to earlier overpayment of income tax need to understand that this kind of opportunity will not always be assigned to them throughout their lives. The period for which the right to a tax deduction extends is affected only by the type to which it relates. The following tax credit options are available:
- Socialcompensation. If an individual who is a pensioner spent money on life insurance on a voluntary basis or contributed it to the funded part of the labor type pension, then the tax can be returned no later than three years have passed. The same applies to individuals who have made social expenditures for charity, medical procedures and education. Such compensation can only be claimed for three years.
- property compensation. This is the most flexible form of all possible tax credits, since there are no temporary restrictions on accrual for it by the Federal Tax Service. You can receive overpaid personal income tax for the purchase of real estate at any time, but only once in a lifetime.
- standard compensation. Such a deduction is intended for parents and consists in reducing their taxable base in order to provide some material assistance in raising children from the state. A mother or father can apply for this discount from the first month of a child's life. If this is done later, then no deduction will be accrued for the previous period, so the earlier the declaration is made, the more profitable it is for taxpayers.
- professional compensation. If an individual is an entrepreneur or is engaged in the provision of private legal services and, according to the rules of the current legislation, is entitled to a professional tax deduction, then he can receive it until April 30 of the following year (after the year in which this right arises).
The standard tax rebate is provided not only for parents, but also for individuals who are beneficiaries of various types, a list of which is recorded in Article No. 218 of the Tax Code of the Russian Federation. If the beneficiary has the right to standard compensation not from birth, but appeared at a certain moment, then the sooner he submits a declaration, the sooner he will receive a discount and make his life easier.
If the right to a standard deduction for benefits from an individual, for example, appeared in 2015, and he submitted the 3-NDFL form only in 2019, then material resources will not be compensated for the past period. Therefore, we recommend not to delay the execution of the declaration.
Until what date do individuals need to submit 3-personal income tax
Submission and execution of the 3-NDFL form for deduction is a voluntary matter, but in addition to this, there are a number of circumstances under which an individual is obliged to submit a declaration for verification within the time limits established by law. Otherwise, it risks incurring various kinds of punishments - fines, administrative liability, and so on.
First of all, this applies to private entrepreneurs, whose income is not automatically deducted from income tax, and therefore they are obliged to carry out this procedure on their own. The same must be done by lawyers working in non-governmental organizations, individuals employed in firms that are not tax agents (that is, they do not transfer taxes from employees’ salaries to the state fund), as well as foreigners who receive money in Russia .
Article number 229, included in the Tax Code of the Russian Federation, shows that individuals who are required to submit the 3-NDFL form must do this before April 30, which will come next year after the end of the tax period. Thus, if a private entrepreneur draws up a 3-NDFL form and enters reporting data for 2017 into it, then it must be submitted for verification before April 30, 2019 inclusive.
However, in 2019, this time period has been slightly extended due to weekends and holidays. In this regard, it is allowed to submit the completed 3-NDFL form until May 3 inclusive.
What will happen for violation of the deadlines for submission
Individuals who fail to file their tax return on time must pay a fine. Its size depends on how many months the violator does not pay income tax.
If this is the minimum possible period, then the amount of the fine is 1000 rubles, and if it is a rather long period, it can even reach 30% of the debt amount. In the general case, for each month of delay, the taxpayer is obliged to pay, in addition to the main debt, plus five percent of its size.
When can I file a deferred return?
If in the current 2019 a taxpayer, from whose wages, as well as from all other sources of income, personal income tax was removed in 2017 and previous years, submits a declaration form after April 30, then he will not be punished in the form of a fine in only one case - if It's about giving a deduction. Until what date to send the 3-NDFL form for income tax refund, it absolutely does not matter, the main thing is that the statute of limitations for tax compensation does not expire.
However, a situation may also arise when, using the same declaration form, an individual claims to reduce the size of the tax base and at the same time reports on income received to the state, while paying a certain part of this amount to personal income tax.
In this case, the date of delivery of the document plays a role. If 2017 is indicated as the tax period on the main page of the form, then it must be sent before April 30, 2019.
It should be noted that if the thirtieth of April falls on a Saturday or Sunday, then taxpayers have a few more days to send the declaration for verification. In this case, they can submit the document on Monday and will not pay a fine.
