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The deadline for submitting the 2026 Individual Income Tax Return, base year 2025, ends at 11:59 PM on May 29. By Saturday afternoon (23), the Federal Revenue had received 30,694,236 returns, representing 69.8% of the 44 million expected for this year. More than 13 million taxpayers have yet to settle accounts with the IRS. Those who do not submit on time will pay a fine of R$ 165.74 or 1% of the tax due, whichever is greater.
There are four days left until the deadline for the Income Tax 2026, and 30.2% of taxpayers have not yet submitted their return to the Federal Revenue. By 5:57 PM on Saturday (23), the IRS had received 30,694,236 returns, out of an estimated total of 44 million. This means that more than 13 million Brazilians need to settle accounts with the IRS in the coming days, under penalty of a minimum fine of R$ 165.74 or 1% of the tax due, whichever is greater.
The deadline began on March 23 and ends at 11:59:59 PM on May 29. The declaration generator program has been available since March 19, and the Federal Revenue traditionally observes a significant increase in the pace of submissions in the final weeks. Those who received taxable income above R$ 35,584 in 2025 or gross revenue from rural activities above R$ 177,920 are required to declare Income Tax. People who received up to two minimum wages monthly in 2025 are exempt, provided they do not meet another criterion of obligation.
How Much Has Been Submitted and Who Still Needs to Declare Income Tax
Of the 30,694,236 Income Tax returns received by Saturday, 62.3% will be entitled to a refund, 20.9% will result in tax payable, and 16.8% will have no tax to pay or receive. The volume submitted represents 69.8% of the estimated total, leaving more than 13 million taxpayers in a pending situation less than a week before the deadline.
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The profile of those who have not yet declared tends to include both taxpayers who habitually leave it to the last minute and those facing difficulties with documentation, income reports, or more complex situations, such as declaring assets abroad, cryptocurrencies, or income from multiple sources. The Revenue Service recommends that taxpayers gather all necessary documents in advance and not wait until the last day of the deadline to avoid system congestion.
How taxpayers are declaring Income Tax
The majority of taxpayers who have already submitted their Income Tax declaration used the Federal Revenue’s computer program, which accounts for 77.2% of submissions. Online filling, which saves the draft in the Revenue’s cloud, was used by 15.8% of filers, while 7.1% opted for the My Income Tax app for smartphones and tablets.
The pre-filled declaration was used by 59.4% of taxpayers who have already submitted. In this mode, the filer downloads a preliminary version of the document with information already filled in by the Federal Revenue, only needing to confirm the data or correct any discrepancies. The simplified discount, which applies a standard deduction of 20% on taxable income, was chosen by 55.4% of submissions, while the rest opted for the complete model with detailed deductions.
What happens to those who do not submit Income Tax on time
The penalty for late submission of the Income Tax declaration is 1% per month on the amount of tax due, limited to 20% of the total. The minimum penalty amount is R$ 165.74, which will be charged even if the taxpayer has no tax to pay. The penalty is automatically generated at the time of late submission and must be paid within 30 days.
In addition to the financial penalty, the taxpayer who does not submit the Income Tax declaration will have their CPF in an irregular status with the Federal Revenue. An irregular CPF prevents obtaining loans, financing, passports, and participation in public competitions. Regularization requires the submission of the pending declaration with the payment of the corresponding penalty, with no deadline for regularization.
Who is required to declare Income Tax in 2026
The obligation to declare Income Tax in 2026 applies to individuals who meet at least one of the criteria defined by the Federal Revenue. The main criterion is having received taxable income above R$ 35,584 during the year 2025. Those who obtained gross income from rural activities exceeding R$ 177,920 are also required to declare.
Other criteria include having obtained tax-exempt income above a certain amount, owning assets or rights with a total value exceeding the established limit, having conducted stock market transactions, or having become a resident in Brazil in any month of 2025. People who received up to two minimum wages per month in 2025 are exempt, but they should check if they fall under another criterion before assuming they are exempt.
Have you already submitted your Income Tax return or are you among the 13 million who still haven’t? Will you use the pre-filled option or prefer to start from scratch? Tell us in the comments.
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