AFIP has enabled the form on its website to upload income tax deductions made through SIRADIG for the 2024 tax period. The form allows employees to inform their employers of deductions, receipts and income from other jobs, if applicable. This was reported by the revenue agency led by Florencia Misrahi.
The employee must enter AFIP with the tax code, enter SIRADIG and search for form 572 which corresponds to the 2024 tax period and upload the data.
What is SIRADIG? “It is the system for registering and updating income tax deductions that allows employees to transmit deductions, earnings and income from other jobs, if applicable, to their employers,” they explain from the X account of the blogdelcontador.
Below are 5 points to keep in mind:
- Who is required to submit it?
All employees in employment relationships, public officials, magistrates and employees of the Judiciary appointed since 2017, pensioners and retirees, members of worker cooperatives, excluding administrators. In all cases, presentation is mandatory, even when no tax withholdings are made.
- How is information uploaded?
With CUIT and tax code through the AFIP SIRADIG Service – Worker page.
- What’s new for this year?
The main innovation for loading the forms for the year 2024 is that you have to select whether the Cedular Regime or the General Regime corresponds to you.
The system also offers the possibility of selecting both regimes, In this case, it is necessary to detail the corresponding month by month (scheduled, general or both).
- Who pays taxes in the cedulare regime?
All, except those included in the General Regime.
“In this case the system, as required by law, does not allow reporting of family charges or deductionswith the sole exception of payments to the staff of private homes and contributions to the SGR, which are the only exemptions in addition to the MNI of 15 SMVM”, detailed by the Chartered Accountant’s Blog.
- Who pays taxes in the General Regime?
Magistrates, officials and employees of the Judiciary appointed since 2017.
Those who hold the office of Secretaries of State onwards and their equivalents, deputies and senators.
Those who receive remuneration from the directors of cooperative companies and the monthly and lifetime allowances paid to presidents and vice-presidents of the Nation.
Those who receive compensation for roles as director, director and member of the supervisory board of joint-stock companies and equivalent positions in other companies, associations, foundations and cooperatives.
In this regard they explain that: “In this case the possibility of reporting family responsibilities and all deductions permitted by law is enabled”.
It is worth mentioning that once all the information has been uploaded, a module preview and from there it must be send to the employer through his final presentation.
What can be deducted from income
- Dependent children or relatives: To deduct dependent children or relatives they must have the CUIL and complete their personal data.
- Educational expenses: Services and tools for educational purposes can also be deducted (school fees, expenses in bookstores, supplies or courses).
- Health costs
- Insurance premiums in the event of death
- Donations
- Mortgage loan interest
It is permitted to include the amount of interest on mortgage loans for the purchase or construction of residential real estate, up to the amount of $20,000 a year.
- Funeral expenses
- Rentals
Up to 40% of the rent is deductibleprovided that such amount does not exceed the nontaxable minimum of $252,564.84 in 2022 and $451,683.19 in 2023 and 1,089,368.57 in 2024, It is mandatory not to own a property at no percentage and have the invoice issued by the landlord.
- Special houses
- Mutual Guarantee Society
- Premiums that cover the risk of death and savings premiums
- Middlemen and street vendors
- Mobility and travel costs to be paid by the employer
- long distance transportation
- Clothing and equipment for exclusive use in the workplace
- Contributions to pension insurance plans
- Deductions entered by the employer
- Buying dollars or spending abroad
Payments made by banks to purchase dollar savings or make credit card purchases abroad can also be loaded onto Form 572.
SN
Source: Clarin
