with the onset rental campaign On April 11, the Consumers and Users Association (OCU) advises taxpayers to carefully review their tax drafts before sending them. OCU points out that the drafts were prepared with information available to the Undersecretariat of the Treasury regarding taxpayers and that this data may be incomplete or inaccurate. In addition, submitting an incorrect or incomplete draft could lead to issues that mirror those from the treasury side.
This is what you need to do if your income statement is negative.
Recommendations for reviewing the OCU’s revenue draft
Therefore, the OKB recommends that the following steps be considered before approving the draft and sending it to the Treasury:
- Confirm personal and family information such as changes of address, marital status, the birth of children, or dependents to ensure the correct deductions and tax benefits are applied.
- Examine income and expenses, especially when property is involved or owned in common with another party.
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Review data and options for real estate if there were legal separations in 2022, as well as compensatory retirement and alimony arrangements.
- Declare gains or losses on assets sold or donated in 2022, while noting that the Treasury may not accept compensation for losses tied to donated property.
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Consider family allowances or deductions connected to disability or extended family members.
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Include maternity credits if a person became a working mother in 2022 and no advance was requested.
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Check regional deductions applicable to the community in which the taxpayer resides and confirm that all required criteria are met.
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Evaluate whether it is more appropriate to file a personal return or a joint one, depending on individual circumstances.
What happens if a mistake is made while submitting the lease draft?
In the event of an error when sending the draft, the OCU notes that there is an option to access Renta Web before the filing period ends to review and correct incorrect information. This precaution helps ensure that the data entered reflects the taxpayer’s actual situation and avoids unintended consequences in the final return. Taxpayers are encouraged to verify details such as income, deductions, and credits, and if needed, to make timely corrections to prevent mismatches with the Treasury’s records.