If the tax reporting period is now closed, it is possible to make some further adjustments. Explanations.
Filing your 2023 tax return is no longer possible. But have you just noticed that you forgot a tax credit or reduction, a tax allowance, or failed to declare additional income or assets held abroad? Do not panic. It is still possible to make a correction to your declaration. In some cases, this change may result in penalties depending on the nature of the adjustment made, but major changes do not result in additional charges. These fixes totaxes must, however, be completed within a certain period of time.
What is the deadline for making a correction concerning my taxes?
There are several scenarios for making corrections about your taxes. The first situation concerns a modification of the declaration. If made online, changes can be made online until Wednesday, June 28.
On the other hand, if the declaration was made in paper version, no modification can be made initially. This will only be possible when thetax notice will be received between the end of July and the end of August. Upon receipt of this document, the taxpayer wishing to make a claim will have two years to do so: the deadline is in fact set at December 31, 2025.
Those receiving their tax advice digitally will have until Thursday, December 7, 2023 to make a change.
To correct your tax return or make a complaint after receiving your tax notice if the steps have been taken on the internet, this will have to be done again on the site. impots.gouv.fr and follow the steps directly to reach the desired point of correction.
If you have completed your tax return by hand, the correction can be made either online in its particular space, or in writing via a letter sent to the tax authorities (containing surname, first name, address, handwritten signature, designation of tax concerned, tax number, reason for the complaint and supporting documents), either by going directly to its public finance center or by telephone.
What can you fix about your taxes?
All. Each point of its declaration or its opinion can be modified or challenged. Income, tax credits and reductions, allowances… All of the lines may be subject to adjustment. However, certain situations may result in financial penalties. When others are completely exempt from penalties.
Which modifications are subject to sanctions or not?
To put it simply, any adjustment linked to a reduction in taxes is free: whether it is tax credits, in particular for childcare costs, tax reductions linked to their education, or even the tax reduction from which you benefit thanks to your professional situation. Claims made to obtain an advantage are not subject to sanction.
On the other hand, penalties are applied on omissions of assets: forgetting certain income, undeclared foreign accounts… Attempting to evade the tax authorities (or to minimize one’s due) is sanctioned by the administration. “If your tax return contains errors or omissions leading to a reduction in your tax or an increase in a tax advantage in your favor, tax penalties are applicable,” the taxes say. A minimum increase of 10% of the due is applied, to which may be added 0.20% late payment interest per month if the bill is not settled within the first 30 days.