Tax Deadline Approaches: Key Dates to Remember for 730 Form by September 30, 2024
Tax Return Season Is Coming to a Close
The tax return season is nearing its end.
With the 730 deadline set for September 30, taxpayers have less than a week to complete their declaration obligations.
However, even after this date, there are still options available for rectifying mistakes, omissions, and even for those who have yet to file their returns.
Indeed, the deadlines for the 730 model do not conclude on September 30, as taxpayers have various dates to keep in mind to avoid penalties for failing to declare their income.
Let’s review all the relevant dates following September 30.
730 Deadline on September 30, 2024: Key Dates to Note
The final deadline for submitting the 730 model is approaching: it is set for September 30, 2024.
For those submitting the Redditi model, the deadline has been extended to October 31.
This year, with the introduction of the simplified model, taxpayers have the choice between the ordinary 730, pre-filled, or simplified versions.
Preliminary data indicates that over 52% of submitted 730 forms have been sent using the simplified method, and in 42% of these cases, no changes were made.
Information input by the tax authority includes:
- Healthcare expenses;
- Insurance premiums;
- Employee and freelancer income statements;
- Payments for renovations;
- Mortgage interest;
- Vision bonuses;
- Public transport subscriptions;
- Retirement contributions;
- Education expenses;
- University expenses;
- Nursery costs.
Deadline Extended to October 25
By October 25, taxpayers may submit a complete new 730 model, utilizing the assistance of a tax assistance center or a licensed professional.
This is known as the integrative 730, indicated by coding “1” on the front page.
To submit an integrative 730 by October 25, a taxpayer must have already submitted an ordinary, pre-filled, or simplified 730 by September 30, as the integrative model is intended to supplement the previously submitted declaration without changing the amount of tax owed.
Other Important Deadlines for the 730 2024
Those who forgot to submit their tax return using the 730 model, or who realized they made errors, still have time to rectify their tax obligations even after October 25.
Deadline on October 31
By October 31, taxpayers can still file their tax returns, even if they missed the September 30 deadline for the 730 model.
In this case, they can submit the Redditi Pf model by the same date.
Additionally, errors and omissions can also be corrected by submitting the Redditi Pf model within this timeframe (this is referred to as a correction within the terms).
Deadline for 730 on November 11, 2024
If the withholding agent refuses to make a tax adjustment, the taxpayer will receive a notification from the Revenue Agency.
This can occur if a taxpayer changes their withholding agent after filing or makes errors in identifying their agent.
In these instances, by presenting an integrative 730 model by November 11, taxpayers can specify a new withholding agent to make the adjustments, or indicate that they wish to proceed without one.
This type of integrative 730 can only be used to update the withholding agent’s information.
Deadline on January 29, 2025
A tax return is considered unfiled only after a period of 90 days post the ultimate presentation deadline (which in this case is October 31).
Therefore, until January 29, 2025, taxpayers won’t incur penalties for submitting a late Redditi model.
Final Deadline on December 31, 2029
After the January 29 deadline, any return is seen as unfiled, although taxpayers can still submit it late.
If errors or omissions are discovered after January 29, there is still an opportunity to present an integrative Redditi model by December 31, 2029—this is the deadline extending within five years following the original submission due date.
For detailed information on the 2024 tax return model and required documents, please refer to: [official tax guidelines](https://www.example.com).