IRPF 2022: Check out the new change in application codes

The Federal Revenue readjusted some codes and groups contained in the “Assets and rights” form in the program used by taxpayers to complete the annual income tax return. Codes were created, which were also updated to facilitate the declaration of assets such as real estate, vehicles, financial investments, etc.

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This is one of the most important forms, as it will allow the body to access assets and assess whether they are compatible with the income obtained.

The codes were grouped into nine groups, thus providing ease for the taxpayer when declaring his income tax. That way, just fill out the form and search for the group and the code that best suits the declared item.

created groups

Check out the created groups below:

• Real Estate (1);
• Movables (2);
• Shareholding (3);
• Applications and Investments (4);
• Credits (5);
• Sight and Cash Deposit (6);
• Funds (7);
• Cryptoassets (8);
• Other Assets and Rights (99).

For those who invest in cryptocurrency platforms, the statement must be made through group 8, specifying the amount paid for the purchase and how much digital capital is currently worth.

Category codes

Check out the codes for each category below:

• Code 01: Bitcoin cryptoactive (BTC);
• Code 02: Other cryptocurrencies, known as altcoins, for example, Ether (ETH), Ripple (XRP), Bitcoin Cash (BCH) and Litecoin (LTC);
• Code 03: Cryptoassets known as stablecoins, e.g. Tether (USDT), USD Coin (USDC), Brazilian Digital Token (BRZ), Binance USD (BUSD), DAI, True USD (TUSD), Gemini USD (GUSD), Paxos USD (PAX), Paxos Gold (PAXG) etc;
• Code 10: Cryptoassets known as NFTs (Non-Fungible Tokens);
• Code 99: Other crypto assets.

Depending on your investment category, when entering the information in the Federal Revenue program, the option to “Inform income” will be displayed, in which the user will be able to inform the values. In addition, the complete list of codes can be accessed through the official website of the Federal Revenue Service, in the tab “Instructions for completing — Help with the IRPF 2022 Program”, on pages 172 to 175.

As these alterations were known only on the release date of the IR program and many banks had already sent their income reports to customers, the codes contained in these documents will not be found in the program.

changed codes

Check below the application codes that have changed:

• Group 3 Shareholdings: Shares (including those listed on the Stock Exchange) – former code 31, now changed to 01;
• Group 4 Applications and investments: Public and private securities subject to taxation (Tesouro Direto, CDB, RDB and others) – former code 45 and now 02; Tax-exempt securities (LCI, LCA, CRI, CRA, LIG, Infrastructure Debentures and others) – former Code 45 and now 03; Assets traded on the stock exchange in Brazil (BDRs, options and others – except shares and funds) – former code 45 and now 04;
• Group 07 Funds: Investment Funds subject to periodic taxation (quota eaters) – old code 72 and now 01; Real Estate Investment Funds (FII) – former code 73 and now 03; Equity Investment Funds and Privatization Mutual Funds – FGTS – former code 74 and now 04;
• Group 99: Other Assets and Rights.

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