April 30 is the final date for submission of the PIT-38 for 2024. If you have invested on the stock exchange, in funds or Crypto – don't miss this date to avoid problems with the tax.
Who needs to file a PIT-38?
The PIT-38 form concerns all persons who in 2024 achieved income from so-called cash capital. These include profits from the sale of shares, bonds, shares, investment funds or cryptocurrency. The clearing obligation applies to both individual investors and those who sold financial instruments outside the brokerage account. It is worth remembering that since 2024 we have also settled profits from investment funds on our own – the financial institution no longer does.
PIT-38 – key deadlines
- PIT-38 settlement for 2024 until April 30, 2025 – is a deadline, both for submission of a declaration and payment of a possible tax.
- You can make your declaration electronically (e.g. via your e-PIT), paper at the office or mail. What matters is the date of dispatch, not service.
- The refund of the excess tax shall take place up to 45 days (e-declaration) or up to 3 months (paper version).
How to properly settle PIT-38?
Step by step:
Get information PIT-8C from the brokerage house or investment platform – it includes a summary of your revenues and costs.
Fill in the PIT-38, taking into account:
- revenue and costs from various sources (stock, funds, Crypto),
- the possibility of compensating losses from previous years (if shown in previous years).
Check the data and sign the declaration.
Submit PIT-38 online or paper, and pay the tax on your microtax account.
Most common investor errors
- No accounting for all sources of capital revenue.
- Failure to demonstrate the cost of obtaining revenue (e.g. brokerage commissions).
- Late with the dispatch of declarations – interest and tax penalties threaten for this.
What's new in 2024 accounts?
Since that year, investors have themselves settled Belka's tax on profits from investment funds. It is also possible to combine losses from various capital investments, which allows to optimise the amount of tax. In the case of cryptocurrency, costs not covered by income may be transferred to subsequent years, but shall not represent a tax loss.
Quick summary – what do you have to do today?
- See if you got all the PIT-8Cs.
- Complete and verify PIT-38.
- Make a declaration by midnight on April 30, 2025.
- Pay a possible tax on a micro account.
Do not leave the bill at the last minute – the tax does not recognise delays!
Remember: PIT-38 is the responsibility of every investor, even if your investments have been lost. A timely settlement is a guarantee of peace and avoid unpleasant financial consequences.
