Income tax and form 130: fractional payments
Who must file form 130 and how to calculate the quarterly payment.
By ContaFlow Editorial TeamMay 9, 20264 min read
Form 130 is the quarterly income-tax prepayment for freelancers under direct assessment.
Who files it
You're only exempt if, in the previous year, at least 70% of your activity income already carried IRPF withholding (the rule under RD 439/2007 art. 110.3.b). Below that threshold you must file and pay; above it you may be exempt from the payment — though you may still need to file a nil return.
How it's calculated
- Quarter income minus deductible expenses = profit.
- Apply 20% to that profit.
- Deduct previous payments and withholdings.
The result is what you prepay now; it's all reconciled in the annual return.
This content is educational and does not replace a gestoría, tax advisor or lawyer.