This February you have to present the annex of personal expenses of the past 2021, know the deadlines

Based on the ninth digit of the taxpayer’s ID or RUC, the presentation must be made according to the February dates.

The presentation of the annex of personal expenses for 2021 must be made by natural persons under a dependency relationship who presented their projection of personal expenses the previous year before the company where they work. East Annex or itemization of those expenses of the previous fiscal year must be prepared in online through the website of the Internal Revenue Service (SRI)in this month of February, in the option Annexes / Annex of personal expenses online / Generation of annex.

Who should make it?

• Employees from continental Ecuador who they projected expenses from $5,606 to the top of $14,575.60. In the case of natural persons residing in Galapagos, the maximum value to be deducted for the year 2021 is $26,280.93.
• who have calculated expenses for less than $5,606, but that in reality they record payments or consumption higher than that figure and wish, if it is the case, that the SRI return part or all of the tax paid in excess, since the company where they work withheld a higher income tax, in based on the projection of expenses that they had presented in 2021.
• Who did not file that screening form last yearbut they did have expenses and want the SRI to return part or all of the tax withheld by their employer, according to the total payments and consumption that they present in this annex.
• Natural persons who have or do not have to keep accounts and who wish to benefit from the deduction of personal expenses, to pay a lower annual income tax.
• The deduction of personal expenses applies only to natural persons with net income of less than $100,000 (the net income is obtained from the difference between the total taxable income minus the total deductible expenses and discounts for the elderly or people with disabilities) .

What is the deadline for each taxpayer?

There is a schedule that must be met, based on the ninth digit of the taxpayer’s ID or RUC.

How is it presented?

This annex will be filled out online through the SRI website. To do this, they will need their ID number or RUC and a password that will be provided by the tax administration to people who do not yet have it. The requirements are: originals of the citizenship card or passport, and of the voting ballot of the holder; and delivery of the signed agreement of responsibility and use of electronic means, a document that will be delivered to one of the SRI offices.

For those who do not remember it, they must request the recovery of that password, after writing their email address that they registered in the SRI, or through the questionnaire of questions for password recovery, if the taxpayers ever filled it out. The web address for it is as follows:

In the event that neither of these two previous options can recover the password, taxpayers can call the number 1700 774 774, so that they can help them from the SRI call center.

Preparing this annex online means that if they begin to fill it out on a certain day, that information will be saved in the tax administration system and they will be able to return to it or continue with what is missing to complete it in subsequent days, without exceeding the deadline that each taxpayer has. .

Penalty for not preparing the annex

For not submitting this annex on time, there is a pecuniary penalty of $30 for natural persons, under a dependency relationship or not, and who are not required to keep accounts. For natural persons required to keep accounts, the fine is $45.

In both cases, these values ​​will be applied as a pecuniary sanction, provided that it has been an omission on the part of the taxpayer not to present the annex on time, and that this omission has not yet been notified by the tax administration, since in the latter case the fine will be higher. (I)