This Thursday, April 10, the campaign of income declaration for the year 2024 began. And the least we can say is that it is a period of stress for many. Many are afraid of making mistakes on their taxes.
Errors on the tax declaration
Every year, the French know that they must make their income declaration. On the other hand, this is always a fairly difficult step to manage for many people. And for good reason, several taxpayers fear making mistakes on their taxes.
In the latest can also cost the French very dearly. Indeed, they could face penalties, but also a tax recovery. To avoid unpleasant surprises, there are traps that you need to know at all costs.
At first, know that you have to know the declaration limits at all costs. The latter vary according to the departments, but also the mode of declaration. People who opt for the paper version must make it before May 20.
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Taxes: If you check this box, you can recover up to € 7,500 in exemptions
And this, regardless of the department concerned. For online tax declarations, on the other hand, things change. Indeed, the deadlines spread until May 22 for departments 01 to 19, until May 18 for those between 20 and 54 and until June 5 for the other departments.
A simple delay can also lead to an increase in the tax of 10 %. She can also increase in case of formal notice. There is another trap to be wary of. It concerns dependent children.
In case of separation or divorce, it is necessary to indicate the mode of guard. Declaring a child in alternate custody as being exclusive to the calculation of the family quotient. The persons concerned could therefore cope with regularization.
Other faults to avoid
For adult children, it is also necessary to choose between their tax attachment to the home or the deduction of a possible alimony. Know that it is not possible to combine these two devices with taxes. But that’s not all.
Some French people who make donations to associations do not always know how to indicate it on taxes. First of all, know that the reduction percentage varies depending on the nature of the beneficiary organization.
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Taxes: this frequent error with this box in your declaration can make you pay twice
It represents 66 % for the majority of associations and up to 75 % for those working with the poorest. Each rate corresponds to a specific box in the declaration, such as boxes 7ud or 7uf.
If you do not check the right box, you risk losing the tax reduction to which you are entitled. Also pay attention to tuition fees. These allow a fairly low reduction in taxes, but which is necessary for many.
THE discounts amounted to 61 euros for a college student, 153 for a high school student And 183 euros for a student in higher education. On the other hand, it is a reduction that can just apply if the child is still attached to the tax household. And that it does not receive a salary via a conventional employment contract.
