Friday, May 6, 2016

IRS refund is higher than last year – Journal News

refund IRS has already reached almost 270,000 taxpayers. With 936 average euros, the Portuguese are receiving more than last year.

More than 3.5 million tax returns were submitted by April 30, revealed this Friday, the Ministry of Finance, noting that 87.9% of these were delivered via the Internet.

“So far, 266,533 were made repayments amounting to 249.73 million euros, with a repayment average of 936.96 euros, “said the Ministry. Last year, the average refund was 825 euros.

In a statement, the ministry said that the first delivery phase of tax returns until April 30 were submitted over 3.5 million statements (3682.367), and 3236.997 were delivered over the Internet, which corresponds to 87.9% of taxpayers.

“it should be noted that during this first phase of married taxpayers or union of fact, only 4% opted for separate taxation, “said the ministry.

with regard to the second phase, which began on 1 May, were submitted until Wednesday (May 4) 122646 statements, of which 117,930 (96.15%) were delivered over the Internet.

On that note, the ministry pointed out that the process of IRS settlement delivery has run smoothly without having been any problems the submission of declarations.

“the complexity of the solutions introduced this year with the tax reform have been translated sometimes in small computer failures. The Tax Authority has corrected quickly, the detected issues and presented alternatives, to ensure that taxpayers have the best conditions to meet their tax obligations “, is stressed.

On Thursday, the Ministry of Finance indicated that there was a “failure” on the IRS simulator “was corrected” on the first day of the delivery of statements, but it may have affected some taxpayers, who will deliver a new statement without penalty.

in a note, the protection reported that “was identified a fault in the simulator [IRS] which is available via the portal” of finance, which is related to the option for joint taxation, and that caused some taxpayers had received a lower reimbursement to what had been indicated in the simulation carried out on the internet.

Stressing that failure “was soon corrected on the first day of delivery of statements,” the office of Mario Centeno said that “all taxpayers affected by this situation and have, based on the simulation performed, opted for separate or joint taxation, whichever proved to be more favorable, will deliver a new statement without any fine associated so that they are not harmed in any way. “

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