With the approaching deadline for the 2025 Income Tax submission, taxpayers with investments need to be aware of the rules. Whether fixed income, variable, or crypto assets, some mistakes can lead the taxpayer to the fine mesh. Understanding what must be reported and how to correctly fill out each field is essential to maintaining tax compliance.
Fabiano Azevedo, accounting businessman and ambassador ofGrandmacloud management platform explains that the "mandatory requirement is determined by the Federal Revenue Service for: those who had income above the exemption threshold, have investments and assets that together exceed R$ 800,000, and those who had exempt and non-taxable income with a value greater than R$ 40,000." Next, the specialist explains how to account for it.
1 – Keep an eye on the changes for 2025
It is essential to pay attention to changes to ensure the correct fulfillment of your tax obligations. Regarding investments, an annual declaration becomes mandatory for those who received income from abroad originating from financial investments, profits, and dividends.
"The taxpayer must have the securities in hand according to the financial institutions and select in the Annual Income Tax Return program the section for Assets and Rights and choose the option for the Applications and Investments group," explains Azevedo.
2 – Check your investments and pay attention
It is important to cross-reference all sources of income with the income statements provided by banks, companies, and financial institutions, and to carefully verify which amounts need to be reported and in which section of the Receita program.
3 – Don't forget about international investments
Financial transactions in foreign currency must be converted to reais using the official exchange rate of the Central Bank on the date of the transaction. "It is necessary for the taxpayer to understand whether there was income in foreign currency or just capital gain to convert, but it is also possible to declare directly in foreign currency or crypto," explains Azevedo. In the "Assets and Rights" section, it is possible to report balances in foreign currency and declare income or capital gains (if any) in the corresponding section.
4 – And not even cryptocurrencies
And finally, according to the accountant, the same process for international investments applies to cryptocurrencies, adding information about the type (Bitcoin, Ethereum, etc.) and the exchange used. Gains from the sale of cryptocurrencies must be calculated monthly and reported if the profit exceeds R$35,000 in the month. "The rules may vary depending on the type of asset, but the general principle is proper conversion and precise detailing to avoid inconsistencies," concludes Fabiano.
