Portuguese IRS Declaration :: Tax-Wizard

How to use Tax-Wizard to calculate your capital gains and dividends for your tax return in Portugal

Tax-Wizard is the solution that allows you to simplify the completion of your IRS declaration by automating the entire process.
You can use Tax-Wizard to transfer information from Revolut, Degiro, eToro, XTB, Trading212, Interactive Brokers, and Lightyear statements directly to your IRS declaration (Anexo E, Anexo G, Anexo J).


Your broker isn't in the list? We've got you covered. See here how to use Tax-Wizard with any broker


To do this, you just need to fill out your IRS declaration on the Portal das Finanças as usual, without the need to complete Anexos E, G, and J, just attaching them to the Declaration.

Step 1: Start with a pre-filled IRS declaration.

Step 1: Start with a pre-filled IRS declaration.

After filling out all fields - ensure it is valid. Ideally, you should be able to simulate your IRS before the next step.

Step 2: Add Anexos E, G, and J

In the declaration, add "Anexo J - Rendimentos Obtidos no Estrangeiro". Add Anexo J - Rendimentos Obtidos no Estrangeiro.

Leave all fields of Anexo J unfilled. Follow the same steps for Anexos E and G.

Step 3: Export the IRS Declaration file

In the upper right corner, you'll find an option to export the IRS Declaration file (XML format) using the "Save" option. Export the IRS Declaration file (XML format)

Step 4: Automatically Generate the IRS Declaration

In the Tax-Wizard tool, upload the IRS Declaration file along with the Statements exported directly from the supported brokers, including Revolut, Degiro, eToro, XTB, Trading212, Interactive Brokers, and Lightyear.

Click on 'analyze files', then you'll have the option to download the Declaration file with the Anexos filled (Anexo E, G, and J). Export the IRS Declaration file (XML format)

(don't worry about the screenshot language, we've got you covered and everything is translated)

Step 5: Review and Download

Access all information extracted from the files submitted directly on your Dashboard and download the various summary files generated by Tax-Wizard.

In these files, you'll find all information related to processed transactions, converted into any of the supported currencies, and with data related to capital gains.

Access all summarized data on your received dividends and interest.

We also provide a file with information regarding your open positions, such as average values, quantity. This file allows you to have an overview of your portfolio and act accordingly. Learn more about Tax-Loss Harvesting .

Regarding open positions, we provide a file compatible with Yahoo Finance where you can import your portfolio through a simple upload.

You can also download your IRS Declaration file to submit to the Portuguese Tax Authority.

If necessary, consult a professional to verify the accuracy of the reports before submitting your tax declaration.

Step 6: Submit to the Tax Authority

After downloading the automatically filled IRS Declaration file (XML), access the Portal das Finanças again, just as you would to fill out an IRS Declaration.

Upload the IRS declaration extracted from Tax-Wizard, start filling out a declaration, and use the "Leitura de uma declaração previamente gravada num ficheiro" option.

Upload the IRS declaration extracted from Tax-Wizard

Before submitting, validate all data again to ensure that your IRS declaration is correctly filled out and free from calculation errors.

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(not a subscription, no auto renewal)

Premium

25 €

All features, for Revolut, Degiro, eToro, XTB, Trading212, Interactive Brokers, and Lightyear accounts

  • Support for all brokers and currencies
  • Automatic calculation of capital gains
  • Report with Acquisitions, Realizations, Dividends, and Interest
  • Open positions report and statistics
  • Transaction and dividends statistics
  • Export Open Positions to Yahoo Finance

Business

125 €

All premium features, for accountants, financial advisors, tax consultants, or other professionals and companies wanting to use Tax-Wizard for multiple clients.

  • Support for all brokers and currencies
  • Automatic calculation of capital gains
  • Report with Acquisitions, Realizations, Dividends, and Interest
  • Open positions report and statistics
  • Transaction and dividends statistics
  • Export Open Positions to Yahoo Finance