Filling out a 3-personal income tax return: instructions, procedure, sample

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Individual entrepreneurs operating in the territory of the Russian Federation and working on the general taxation system are required, in accordance with the current legislation, to send a report on income received to the tax office every year.

The data required for reporting is submitted by the entrepreneur on paper in the form of a completed 3-NDFL declaration. Filling out a tax return is a mandatory requirement not only for those who run their own business, but also for ordinary citizens who for 12 months received income not at their main place of employment. This category of taxpayers is obliged to file a declaration so that income taxes are withheld from their income. For many Russian citizens, filling out a 3-personal income tax return is a necessary condition for issuing a tax deduction. Failure to do so will result in pen alties.

Filling out a 3-personal income tax return can cause certain difficulties for both a legal entity and an individual. Knowing the current tax law will help to avoid such hitches.legislation. A sample of filling out a tax return can become an example of reporting.

What is a 3-personal income tax declaration?

The procedure for filling out a tax return is prescribed in the current legislation of the country. The detailed instructions developed by the Federal Tax Service allow entrepreneurs to quickly fill out various reports and papers on their own. Despite the fact that the tax office provides instructions for filling out a tax return, it is necessary to rely on certain articles of the Tax Code in order to avoid errors. An incorrectly completed document will not be considered valid.

An example of filling out a tax return gives taxpayers an idea of a correctly completed report and helps to avoid errors in the preparation of forms. Similar samples can be found in the tax service departments at information stands or on the official website of the Federal Tax Service.

The tax inspector must check the declaration for errors and inaccuracies when submitting it. All discrepancies found in the report are immediately indicated by the inspector. Responsibility for the completeness of the information provided lies solely with the one who submits the declaration.

Clarifying declaration

Filling out a tax return of a clarifying type is carried out in cases where the taxpayer, after filing reports, finds out that a certain amount was not contributed to annual income.

No pen alties are imposed on the payer if the specifiedthe amount does not exceed the amount of taxes payable. Payment of fines and pen alties, together with the payment of tax to the state budget, is carried out if an individual or individual entrepreneur did not properly calculate, as shown by the adjustment.

Declaration 3-NDFL

Reporting sent in the form of 3-NDFL is documentation that indicates all additional income received by an individual entrepreneur or individual for the year. The papers also include data that takes into account all benefits and tax credits.

What is taken into account when filling out the 3-personal income tax declaration

The amount of tax is determined based on the income received for the year; it includes funds received for:

• Sale of real estate - land, apartments, private houses.
• Sale of any property.
• Receive remittances.
• Get winnings worth more than 4 thousand rubles.
• The sale of a vehicle that has been the property of a taxpayer for less than three years.
• Renting out real estate.

When must the declaration be submitted?

Filling out a tax return and its subsequent submission to the Federal Tax Service is carried out in the following cases:

• After paying for the education of the taxpayer or his children.
• Payment for treatment activities.
• Acquisition or construction of residential properties, including the execution of a mortgage loan.
• The presence of children - about one and a half thousand rubles are issued for eachtax deduction.
• Receive funds from individuals or companies.
• Sale of real or personal property.
• Receive prizes, winnings and other rewards.
• Receiving money from abroad.
• Receiving author's roy alties.
• Receipt of property registered as a gift.

Documents for 3-personal income tax declaration

Filling out a tax return requires the submission of a package of documents and information from them - personal data of the taxpayer and other information that would confirm the fact of income:

• Documents for the property being sold.
• Payment documents.
• Certificates issued at the place of employment, in the form of 2-personal income tax.
• Contracts that were drawn up for the performance of certain work, the provision of services, the receipt of funds.

Sample Tax Return Form

Individual entrepreneurs working on the general tax regime must submit a 3-NDFL declaration to the tax authorities.

Excessive spending of funds used to pay taxes can be returned to the taxpayer. This can be done with the 3-personal income tax return. A sample of filling out the form required for issuing a tax deduction can be found at the tax office.

Documents and reports confirming the income of the taxpayer are submitted until April 30 following the reportingyear.

You can make a declaration in several ways:

• Handwritten using black or blue ink.
• Using printing equipment, duplex printing is prohibited.

Tax due dates

Filling out and submitting a tax return, as well as subsequent payment, must be carried out strictly within the deadlines established by law:

• Until July 15 of the year in which the report was filed.
• If the taxpayer received income from which personal income tax was not withheld, then the tax is paid in two stages: the first payment is made in the first 30 days from the date of receipt of the paper, the second - in the next 30 days from the date of the first payment.

Data specified in the declaration

The tax payer undertakes to provide the following data in the report form:

• Personal, including residential address, passport details, contact details.
• Registration data as a taxpayer.
• The amount of income received during the reporting period.

All information must be true and supported by documents.

The completed report is necessarily checked for errors and typos. An individual or an individual entrepreneur undertakes to put a personal signature and seal on the documents. An example of filling out a tax return can be viewed at the stands in the tax office or on the official websites of the Federal Tax Service.

Getting a tax deduction

Filling out the declaration onForm 3-NDFL gives the taxpayer legal grounds for issuing a tax deduction. Such benefits can significantly reduce the tax base.

It is possible to receive a tax deduction only after submitting an appropriate application to the regulatory authorities. Documents are attached to it, which confirm the right of the applicant to receive such a benefit.

Filling out the 3-personal income tax declaration on the Internet

You can fill out, print and submit a 3-NDFL declaration today using special software, which can be downloaded from the official website of the Federal Tax Service of Russia or third-party resources. Downloading such a program to the user's personal computer makes it possible to quickly enter personal data into the declaration form, which are automatically distributed according to the required columns and lines. In the future, the taxpayer is required to enter the necessary numbers, which will be distributed along the necessary lines of the declaration.

You can send a tax return to the relevant authorities without resorting to a personal visit to the inspection. Today this has become possible thanks to the Internet and special resources. Submitting a declaration online requires the taxpayer to verify that the documentation has been received by the regulatory authorities.

Declaration can also be submitted through the Internet resource "Gosuslugi". Despite the availability and convenience of this method of sending documentation, it still requires the personal presence of the taxpayer at the Federal Tax Service, since the copydeclaration must be signed.

Filling out and filing a 3-NDFL declaration requires the taxpayer to have only a personal computer with Internet access, the necessary package of documents and a small amount of free time. For convenience, the Federal Tax Service of Russia has created special software that not only saves time, but also avoids errors when filling out the declaration.