If you collected the Minimum Vital Income (IMV) last year, you should know that you have an important obligation to fulfill: submit your income tax return. IMV recipients are required to complete the procedure with the Treasury , regardless of their income level. The deadline to submit the income tax return in 2023 ends on June 30 , so you should hurry up if you have not done so yet. And be careful, because the consequences of skipping the procedure are dire: if you fail to present your income for 2 consecutive years, you will lose your right to aid. How much you can deduct for children in your income tax return: these are the applicable minimums, requirements and maximum age You should not be afraid if it is the first time you make the rent and the reason is the collection of the IMV.
Furthermore, since you are required to complete it, you should take advantage of it to access all the deductions to which you are entitled and thus save money on taxes. Who is required to submit the income tax return? In addition to IMV recipients, there are taxpayers who are required to submit income due to their income level. In the event that you have had a single payer in 2022, the minimum amount in work income is 22,000 euros for the income tax return that is America Cell Phone Number List presented in 2023. That is, if you exceed this amount you are obliged to carry out the management. If you have had 2 or more payers, the minimum amount is 14,000 euros, as long as the sum of the second and subsequent payers is a total of 1,500 euros. There are also pensioners who are exempt from paying income in 2023. They are the following: Permanent disability contributory pensions : this applies to degrees of absolute disability and great disability.
Passive Classes : applicable for permanent disability pensions assigned to this regime. Family benefits: this includes benefits for the birth and care of a minor, as well as orphan's pensions or those for grandchildren or siblings. Victims of terrorism: if your retirement pension is derived from an act of terrorism, you will be exempt from submitting the income. Victims of the Civil War: same as the previous point, but for beneficiaries who suffered mutilations or significant damage during the war. Remember that making income is always advisable, since it gives you the opportunity to save money on taxes thanks to tax deductions Our properties are mainly in the higher price segment. But if there are already enough of them, there is no point in opening another accommodation there ourselves. The target group also plays a role.