A new change that encompasses retirees and social security beneficiaries The message INPS No.

The period for requesting the 2027 tax year has opened, allowing retirees and other social security beneficiaries to choose between a higher IRPEF rate or renouncing to deductions that do not apply. Online selection presents itself with the same service used to communicate dependent children, requiring compliance regarding those falling into the highest income bracket or having additional incomes besides those provided by the INPS. The option is exercised annually and allows contributors who have the INPS as their substitute tax to avoid or reduce liabilities, communicating immediately which rate they will apply (the highest if they know they have additional incomes beyond what the INPS provides) or renouncing deductions that, when added all incomes, are reduced or even nonexistent. The two requests address different situations: someone with an

The income higher than that known to INPS can request the application of the highest IRPEF rate to avoid carrying over into the end-of-year limit; those who receive an income from INPS within the taxable threshold, which is not subject to withholding taxes, and also has other sources of income such as salaries or other earnings may renounce deductions on pensions, which are recalculated based on the total income and do not accumulate with those for self-employed work. The IRPEF reform has reduced the brackets to three: starting January 1, 2027, Article 11 of the new Unified Income Tax Law, approved by Legislative Decree No. 117/2026, imposes a tax at 23% up to €28,000, 33% between €28,000 and €50,000, and 43% above €50,000. The new unified law replaces the DPR no. 917/1986 with the same numbering for brackets (Article 11) and deductions (Article 12).

The retirement allowance exemption zone is €8,500: up to this amount, deductions for pensions income stipulated by Article 13 of Law No. 47/2001 will not apply, but only if there are additional sources of income beyond those provided by the INPS. The fulfillment applies to individuals falling within the highest income bracket and those who, either entirely or partially, lack entitlements to the deductions specified in Article 13 of Law No. 47/2001. END SOURCES