How to fill in form 390

How to fill in form 390

When you have to fill in any of the models of the Tax Agency (of the Treasury) surely the fear of putting something that you should not, or forgetting to put it, can. And it is that, for many, the Treasury imposes, especially the sanctions that nail you for ignorance or for not being attentive to what to put (and how to put it). For this reason, one of the lesser known models, and yet that you can bring down the street of bitterness, is the 390. Now, how do you fill in the 390 model so that everything is correct and you don't have to worry?

For that, we have thought that the best thing is to help you understand what the 390 model is, what it is for and above all how to fill in form 390 step by step so that you know what you should put (or what not) in each of the sections it has. So you will no longer have doubts.

What is Model 390

What is Model 390

The first thing you have to know exactly is what the 390 model is. It is a Informative statement of annual summary of operations related to VAT settlement. From this, we can make several things clear:

1. That you don't have to pay anything.

2. That it is related to VAT (and therefore, with model 303).

Why do you have to make a document with information that you have already passed in the 303 form? Well, because it is supposed to be an extended model. Furthermore, it is It is mandatory to present it and it must be balanced with respect to the data that has been presented in the 303 form (more than anything because if not, it will not let you present it).

Anyone who is a professional or entrepreneur and whose activity is subject to VAT must present this form 390, and it must always be done in January (the deadline is from January 1 to 30). In that period you must take into account all the activity of the previous year.

What is the 390 model for?

What is the 390 model for?

As we have told you before, the 390 model is actually a summary that is made to the Treasury about what VAT has been paid throughout the year. That is why it is so important to have the 303 models that you made that year on hand, since it will make things easier for you, and a lot, especially to square everything.

For the Treasury, this model is important because It serves as a summary of everything you have declared. In other words, instead of having to search for all the 303 models that you present (which are 4 in total), what it does is have it all included in this document.

For us it may seem like a duplication of data, and the truth is that it is, but since they handle data from millions of people, having "summaries" always helps them to go faster. In addition, it also serves as a "warning" in case you have not done VAT in a quarter (because you have forgotten it), and you can be penalized there.

How to fill in form 390 step by step

How to fill in form 390 step by step

Now that you know the Model 390 a little better, it's time to take it on. The only “bad” thing about this document is actually squaring it. And, sometimes, the pennies can give you bad tricks and if you do not take into account the different values ​​of the 303 models, you can spend hours trying to make sure everything is correct.

But how do you fill in the 390 form? We explain it to you.

The first thing you have to do is go to the page of the Tax Agency (or Treasury, whatever you want to call it). Next, go to informative statements, or use the search engine that they have and put model 390 or only 390.

Click on form 390 and it will take you to the Annual Summary Statement page. If you present it online, that is, electronically, you must give Presentation exercise 20XX.

As you will see, there are more procedures to do it, but we recommend that you do it online because it is faster to do.

First sheet of model 390

On the first page of the presentation, what you will get is your personal data, that is, NIF, name and surname. Nothing more.

Once you fill it, you can give New Declaration and you will be ready to start filling in the data.

Another option is to load the data of a declaration that you have already started, but since we are talking about something "new", you will not have to do anything.

How to fill in form 390: next page

Next you will get a first screen where you have to fill in data such as:

The exercise to which the statement refers, and if you are in a special situation (normally not). So, if you have neither cash nor bankruptcy criteria, put everything that is not.

Representative details

On the next page, the statistical data, you will have to add your activity. This is filled in in part B, where it says Key. You have a pencil and if you give it a list of activities will appear. Locate the IAE code that has your main activity and that's it.

The next information that you are going to request is that of the representative, but if you do not have anyone and you represent yourself, you do not have to fill in anything here.

Operations carried out under the general regime

The fifth page of the form 390 refers, now, to the most important data of the declaration. And what do you have to put? First of all, have all the 303 models at hand (VAT) of the year. Focusing on accrued VAT, you have to tax your annual income, that is, what you have earned from your invoices. Then, in Accrued Quota it will be the VAT that you have paid for those invoices that you have made.

Now, that is normal, but it may also be that you have to fill in the Intra-Community Acquisitions section if there are amounts of purchases you have made in the European Union (if there are none, leave it blank).

Operations carried out under the general regime (continued)

This page is the second that will appear and, in this case, it will refer to the deductible VAT, that is, the one that you have borne in your expenses. What you have to do? Well, the same as before, put in current Internal Operations, on a tax base, the expenses without VAT; and in deductible installment, the input VAT.

Here you should be more careful and distinguish between Acquisitions of Goods and Acquisitions of Services.

How to fill in form 390: results

Once you fill in the above, you will go to page 10. And now you have to check two very important boxes:

  • Box 84: which is the result that must be the same as all the 303 that you have presented.
  • Box 85: is the result of box 84 minus the amount of form 303 for the first quarter.

Finally, you have box 86 which, yes, is the final result of the model. But beware, everything has to fit or it will give you failure.

The last steps

There are a few last steps that are:

  • Box 95: you have to put on the screen what you have paid in each quarter of model 303. Being quarterly, you must put it only in March, June, September and December.
  • Boxes 97 and 98: Here you must enter the amount of the 4th quarter of the VAT form 303 (if it has been returned or compensated). If it was to pay, do not put anything.
  • Box 662: write down the fees that are pending to be compensated.
  • Box 99: fill in the operations under the general regime, that is, add the impossible bases for the entire year, but without adding VAT, or the Equivalence Surcharge, or personal income tax.

If everything fits, you can present the model without problem. And if there are errors, surely the largest of them (that the results of two boxes do not coincide) is due to a difference of cents.


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