The deadline for the 2025 Income Tax Declaration started on March 17 and goes until May 31. It is mandatory to declare cryptocurrencies if the amount purchased is equal to or greater than R$ 5,000 per category of crypto asset.
Rules for cryptocurrencies
- It is mandatory to declare if the amount purchased is equal to or greater than R$ 5,000 per category of crypto asset;
- You only pay tax on profits from cryptocurrencies if sales for the month totaled more than R$ 35,000, considering all cryptocurrencies and transactions made in any country.
Who needs to declare Income Tax in 2025?
- Received taxable income above R$ 33,888.00;
- Received exempt income above R$ 200,000;
- Had gross revenue from agricultural activity above R$ 169,440.00;
- Intends to offset losses from agricultural activity;
- Had capital gains from the sale of assets or rights;
- Made sales on stock exchanges above R$ 40,000;
- Made sales of shares in regular stock market transactions above R$ 20,000;
- Had ownership or possession of assets totaling more than R$ 800,000.