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V1427-17 6 June 2017 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · rendimientos del trabajo

Exempt from tax return if pension payments below 22,000 euros

The consultant asks whether they must file a tax return if their only income is from pension plans. The DGT responds that, under the special retention procedure, the threshold for exemption is 22,000 euros per year.

The question raised

Inquiry regarding the limits of the obligation to file a tax return in the case of receiving only pension plan benefits.

The DGT's ruling

Pension plan benefits are considered income from employment. If the taxpayer only receives these benefits and the determination of the withholding rate is carried out according to the special regulatory procedure, the threshold to be exempt from filing a tax return is 22,000 euros per year. Furthermore, inheritance income is not taxed under Personal Income Tax (IRPF) as it is subject to Inheritance and Gift Tax.

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