:quality(85)//cloudfront-us-east-1.images.arcpublishing.com/infobae/FRDLUGGJRFETVKRWBSWI73K27Q.jpeg "If I earn minimum wage, do I have to file my annual tax return?")
When to file the annual income tax return? o Can I pay in installments? They are among the questions that taxpayers usually ask the Tax Administration Service (SAT) around the subject. However, there is also an issue related to the minimum wage.
SAT: how much is the penalty for the crime of issuing simulated bills
The tax office has a tool for people to file a complaint or complaint related to tax evasion, money laundering, among others
Before answering this type of question, it should be remembered that the Physical persons must submit their annual tax return, corresponding to the financial year 2022, during April of this year month which is registered as a limit to carry out the procedure before the treasury.
While legal persons (companies) have until the month of March to complete the process. In this case, they must calculate and pay the income tax for the year.
Lilly Téllez blamed the price hike because ‘Morena is inept and abusive’
The senator attacked the administration of President Andrés Manuel López Obrador because various basic products are more expensive, affecting the economy of families
Natural persons, i.e. workers, will also have to submit the said declaration, which must contain information your income, authorized and personal direct debits, as well as interim deductions and payments.
But, if i win the minimum wage Do I have to submit my annual return? The immediate response are No, that is, the workers who receive their wages should not worry about this exercise.
What is the price of gold and silver coins on February 15
Coins made from these precious metals are highly sought after and their value can fluctuate constantly.
In addition, according to the income tax law, the withholding of said tax is prohibited for those who earn a minimum wage almost monthly. However, if you are one of the people who charge fees, then you will have to do the process.
According to the Treasury, the obligation should be considered by some others in order to avoid future fines or problems.
-People who receive a salary from two or more companies.
-Taxpayers having obtained income greater than 400,000 pesos per year.
-In case of having received income by concept of pension or liquidation.
-If it is one of the people who recorded other income.
The tax administration has a dedicated internet platform, the ideal tool for making the annual declaration. All you have to do is enter the following link. Here, then provide your Federal Taxpayer Registry (RFC) and passwordfill in the information requested by the system, sign and save the acknowledgment of receipt that will be delivered to you or, if applicable, the entry line.
If the result of my return was a tax payable, can I ask the SAT pay in multiple times ? According to the Treasury, this mechanism can be exercised, provided that the declaration has been filed on time, that is to say in April.
Thus, taxpayers will have the option of paying up to six biases. In this case, if you have opted for this facility, during the process you must obtain the capture forms online and the amount to be paid in each of them.
Individuals can also request a credit balance. However, they must resort to personal deductions, that is to say, present proof of expenses you have incurred during the year. For example, payments for your children’s education, funeral expenses, health or contributions to your pension fund administrator (Afore), among others.