Every year, millions of Poles face the task of completing their tax return and settling PIT for the past year. And every year there are many questions, doubts and fears. Starting with the question of when PIT must be settled, through collecting documents, and ending with the fear of making mistakes.
See also: Benefits higher than the salaries of 40-year-olds. There are more and more retired people
As Infor.pl explains, concerns about costly mistakes are common. In the above-mentioned survey, conducted on behalf of PITax, it turned out that as many as 56 percent respondents are afraid of making mistakes in their annual PIT return. Moreover, as many as one in three Poles confessed that they did not know of any reliefs that could help them reduce their taxes.
The text continues below the video
Errors in the tax return may result in fiscal liability, the need to submit corrections or the loss of the right to reliefs. Therefore, it is worth checking all data carefully and using PIT settlement programs that automatically eliminate many mistakes.
PIT – the most common mistakes made by taxpayers and how to avoid them. Practical tips
The most common mistakes made by taxpayers are those that result from inaccurate mathematical or accounting operations. As a rule, taxpayers do not round or round incorrectly the basis for calculating the tax and the amount of tax to be paid.
As explained by e-pity.pl, another common mistake is incorrectly transcribing data from PIT-11 or PIT-8C, which exposes the taxpayer to various consequences. The same is true for a seemingly trivial oversight, i.e. failure to sign the declaration and complete all required fields. For this reason, the taxpayer may be requested by the Office to complete his/her own data as part of inspection activities.
The text continues below the video
An equally frequent and potentially fatal error in tax settlement is the inconsistency of data with documents and failure to update personal data. All this may result in documents not being delivered on time or being sent to an incorrect address.
There are also frequent errors when settling the Internet tax relief – spouses cannot double the limit if they have joint invoices. It is worth remembering that the relief is only available to the person to whom the invoice was issued.
PIT settlement. These errors can cause big problems
There are also frequent errors when settling the Internet tax relief – spouses cannot double the limit if they have joint invoices. It is worth remembering that the relief is only available to the person to whom the invoice was issued.
As the e-pity.pl website reminds, in the case of child relief, ZUS and health insurance contributions must be monitored – without paying them, you cannot apply for a refund of the unused part of the relief. Children's income from work, scholarships or things given for free use are not added to the parent's income. The family relief is available until the end of the year in which the child turns 18 or 25 (if he or she is studying).
See also: How does ZUS calculate pension in practice? A simple step by step guide
You cannot settle a flat tax or lump sum tax jointly with your spouse, except for private rentals. The newlyweds can settle jointly for the year of their wedding, if the joint property relationship lasted for the entire year. Tax-exempt income does not have to be reported in PIT. An entrepreneur must file a return even without income, and a spouse who helps in the company should be treated as a collaborator.
