Income tax return for 2021

For companies on the general taxation system, the main budget payment is income tax. It is necessary to report on it based on the results of the interim reporting periods established by Chapter 25 of the Tax Code, as well as the year as a whole. There are two options for reporting schemes, depending on how the tax is calculated. Either the company submits a declaration at the end of the 1st quarter, half a year and 9 months and the year as a whole, or based on the results of the first month, two months, three months, and so on until the end of the calendar year. The report form is the same for all cases. The current form, as well as the rules for filling out the income tax return, were approved in the order of the Federal Tax Service of Russia dated October 19, 2021 No. ММВ-7-3 / [email protected]

Filling out a profit declaration 2021

The mentioned order of the Federal Tax Service came into force on December 28 last year, so both the profit declaration itself and the instructions for filling it out were approved, so companies had to use this form starting with the annual reporting for 2021 and throughout 2021.

This is a multi-page form, but by default only a few sections are filled out. This is the title page, subsection 1.1, sheet 02, which contains the main tax calculation, as well as appendices No. 1 and No. 2, which respectively disclose income and expenses - within the framework of sales and non-sales. All of the listed sheets must be completed, including a sample of a completed zero profit declaration for 2021 as a whole or interim reporting periods.

Other declarations presented in the form section are filled out and submitted to the Federal Tax Service only if the company had relevant operations or other data to be reflected in the report.

It must be said that the approved income tax return form is a universal form, as they say, for all occasions. Thus, sheet 06 of the report is filled out only by non-state pension funds. Sheet 07 is intended to reflect the receipt of targeted financing. Sheet 08 is filled out by those companies that carried out independent (symmetrical, reverse) adjustment of the tax base, tax (losses) when preparing the report for the year. As part of the annual reporting, those taxpayers who are the controlling person of a foreign company also fill out sheet 09 with appendices. The income declaration is filled out taking into account, relatively speaking, the temporary factor, or more precisely, some of its sections. Thus, filling out an annual income tax return presupposes the absence of subsection 1.2 of Section 1. Appendix No. 4 to Sheet 02, on the contrary, is drawn up as part of the annual return, as well as in the report for the 1st quarter.

In general, all information containing the rules for filling out the 2021 profit declaration, including cases of drawing up certain sheets of the report, is presented in the above order. In fact, these are detailed instructions, one might say, step-by-step filling out an income tax return.

Algorithm of actions

Before you lies an income tax declaration, which consists of a dozen papers. What to do? Where to begin? If your company has been operating recently, then you are probably encountering such work for the first time.

The main thing is not to be nervous; below are instructions that will help you and simplify the entire process of filling out the forms:

Start filling out the data with the appendices to sheet 02, since in order to fill out this sheet, you need exactly the indicators that you calculate in these appendices.
The main part of the declaration for the payer is sheet 02, which must be filled out without fail; all other sheets and annexes must be filled out separately, if necessary.
Once you have completed all the worksheets and appendices, proceed to fill out the subsections found at the very end.
It is advisable to fill out the title page at the very end, since you cannot know in advance how many pages there will be, but such and similar data are indicated in this section.

The structure of the declaration itself is different for each payer, so you should focus only on your company. It is best to entrust such a matter to the company’s accountant, who knows all the nuances of the financial part and can easily carry out all the calculations.

The boss must not just sign and certify the document with the seal of the company, but thoroughly study and check everything so that if an error occurs, everything can be corrected in advance.

So, you have already read all the introductory information and should have an idea about this document. Now let's move on to filling out the declaration.

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Algorithm for filling out an income tax return

Let's look at the main points of filling out an income tax return in 2021 using the example of sections that are required to be completed.

The procedure for filling out an income tax return, like, perhaps, any other report, requires compliance with some general principles.

The report can be completed in printed form or using a ballpoint pen with black, purple or blue ink. Each sheet of the declaration is drawn up on a separate sheet. There should be no corrections or omissions in the completed report. Text data, for example, the name of the organization or the name of the director, is filled in capital letters. Each familiar cell can contain only one number or letter - otherwise, failures may occur when processing the report to the Federal Tax Service. A dash is placed in cells that are not filled in with values.

The title page of the declaration contains standard information about the company: name, INN, KPP, full name of the person who is responsible for filing the reports, and the number of the tax office to which the company is attached. The title also indicates information about the report itself - the period for which it is submitted and the reporting year.

This is followed by subsection 1.1 of section 1, which is called “The amount of tax payable to the budget, according to the taxpayer (tax agent).” This sheet indicates the OKTMO code, indicating the territorial affiliation of the organization. After it there is a breakdown of the total amount of the budget payment into the federal and regional part of the tax according to BCC 182 1 01 01011 01 1000 110 and 182 1 0100 110, respectively, in the proportion of 3% to 17%. Let us recall that such a division of income tax deductions at a general rate of 20% into the federal budget and the budget of a constituent entity of the Russian Federation has been introduced this year. Previously the proportion was 2% to 18%. In addition, local authorities currently have the opportunity to reduce “their” part of the payment for certain categories of taxpayers to 12.5% instead of the previously effective minimum of 13.5%.

The main calculation of the tax is carried out in sheet 02. It sums up by line income from sales, non-operating income, expenses that reduce the amount of income from sales and non-operating expenses. The established tax rates are applied to the resulting tax base, thus determining the amount of tax payable. The income and expenses themselves are deciphered in Appendices No. 1 and No. 2 to Sheet 02.

Mandatory for all companies

When studying the algorithm for filling out an income tax return, you should take into account the required sections. They are as follows:

Front page, where details and standard information about the company are displayed;
Subclause 1.1, intended to fix the amount of tax payable;
Sheet 02, where detailed calculations of tax charges should be indicated;
Appendix No. 1 for detailing income indicators, taking into account unrealized ones;
Appendix No. 2 records the indicators of expense items taking into account losses.

There is also a category of sheets and sections that are filled out and submitted only when necessary.

Filling out an income tax return: data comparison

Filling out a tax return for income tax involves taking into account the following point. Tax calculations always occur on an accrual basis, for example, for 1 quarter, half a year and 9 months. That is, each subsequent declaration during the year also contains data on income and expenses for the previous reporting period. In this regard, it is important to correctly track the entry into the report of data relating to previously calculated advance tax payments.

The procedure for filling out a profit declaration assumes that the amounts of advances for the reporting period preceding the period for which the form is filled out are reflected in lines 210-230 of Sheet 02 of the report and make it possible to trace the correlation of values between declarations for different reporting periods during the year.

So, for example, when filling out an income tax return, a company that calculates tax based on the results of the quarter will indicate in lines 210-230 of the declaration the amount of calculated tax indicated in lines 180-200 of the previous report. An organization that pays the budget monthly based on the actual profit received will also reflect in these lines the amounts of calculated advance payments according to the declaration for the previous reporting period, only in this case it will be a monthly submitted report.

The same company that pays monthly advance payments, with the subsequent calculation of additional payments at the end of the quarter, will indicate in lines 180-200 the amount of actual tax for the previous quarter (lines 180-200) and the monthly advance payments that had to be paid in the current quarter (lines 290-310 of the report for the previous quarter).

As a result, the amounts reflected in lines 210-230 are subtracted from the corresponding values of the federal and regional part of the tax, determined on the basis of their tax base for the entire reporting period from the beginning of the year. This is how the amount of income tax to be paid is determined according to the declaration for the current reporting period.

Income tax return: sample form

Sheet 02

This is the most basic part of the document and at the same time one of the most difficult. This is where the tax is calculated. So let's start filling it out.

Taxpayer identification – indicate the following data that relates to your company:

“2” if these are enterprises producing agricultural products.
“3” if this is an enterprise that is a resident of a special economic zone.
“4” if the enterprise opened on a new deposit of raw materials.

In subsequent sheets this feature will be the same.

Let's start recording income and expenses:

Lines 010 – 020 – indicate the profit received from sales (Appendix No. 1)
Lines 030-040 – indicate all company expenses (Appendix No. 2)
Line 050 displays the company's losses (Appendix No. 3)
Line 060 is your final result; we indicate the numerical indicator of profit and result. We also indicate these indicators in line 100.
Line 110 is filled in by those companies that carry forward losses from the previous period. If this does not concern you, then simply skip the line.
Line 120 is the base indicator according to which you will pay tax. This indicator is equal to the difference between lines 100 and 110.

Filling out line 210 involves entering information such as the amount of advance payments for the period for which you are preparing the declaration.

As for lines 290-310, they are filled in only if:

You submit a return for a period of 9 months.
You submit a declaration for 11 months and at the same time switch to receiving advances according to the general procedure.

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About the trading fee

The trade tax was introduced by Federal Law No. 382-FZ of November 29, 2014. By the same Law Art. 286 of the Tax Code of the Russian Federation was supplemented with clause 10, which allows you to take into account the amount of trade tax actually paid before the date of payment of income tax (advance payment for this tax) in reducing the amount of tax (advance payment). Note: such an adjustment is allowed only to persons who have submitted a notification to the tax authority about registration as a trade tax payer.

In this regard, sheet 02 of the declaration was supplemented with lines to reflect the amounts of the trade fee:

line 265 reflects the amount of trade tax actually paid to the budget of the constituent entity of the Russian Federation from the beginning of the tax period;
in line 266 - the amount of the trade fee by which advance payments to the budget of the constituent entity of the Russian Federation for the previous reporting period were reduced;
in line 267 - the amount of the trade fee by which the calculated advance payments (tax) to the budget of the constituent entity of the Russian Federation for the reporting (tax) period are reduced.

Price adjustments for controlled transactions

In the previous form of the declaration, it was possible to indicate only income received as a result of independent adjustment of the tax base for transactions with related parties in the case of applying prices that do not correspond to market prices (clause 6 of Article 105.3 of the Tax Code of the Russian Federation). They were reflected in Appendix 1 to sheet 02 on line 107.

At the same time, the current version of the Tax Code, in addition to independent adjustments, provides for the possibility of making symmetrical and reverse adjustments. The procedure for conducting them is determined by clauses 2 and 12 of Art. 105.18 Tax Code of the Russian Federation.

But in the previous declaration form there were no special lines for this. The Federal Tax Service of Russia in Letter dated 04/26/2016 N ED-4-13/7364 recommended showing the results of symmetric adjustments in Appendix 2 to sheet 02 on line 401 indicating the period for which the taxpayer made an independent adjustment.

In the new declaration, sheet 08 “Income and expenses of a taxpayer who has made an independent (symmetrical, reverse) adjustment” has been added for these purposes. And line 107 from Appendix 1 to sheet 02 is excluded.