Do you really know what you can deduct from tax?
These five tricks can save you tons of money on your next tax return.
If you have
paid
too much
taxes
over the year
, you should get the money back with
your tax
return.
As the figures show, in many cases it can be worthwhile to submit your tax return voluntarily.
On average, employees are even reimbursed around 1,000 euros, as it is said.
Do you want to get as much money back as possible from the tax office?
Here are the
tips and tricks that you should think about on your next tax return *:
Tax return: five legal tricks to get your money back
Tip number one
: Those who
submit
their
income tax
return voluntarily have a total of four years. You should take your time here. Because what maybe not everyone knows: 15 months after the end of the calendar year in which the tax was incurred, the tax office begins to pay interest on the repayment
amount
, as the portal
finanztip.de
describes - “0.5 percent for each full month, i.e. 6 percent a year. "
Tip number two:
tenants as owners get a tax rebate if
hand craftsman
fix something their money in their house, on the property or in their homes, renovate, rehabilitate, maintain, or upgrade.
You can invest 6,000 euros every year for the maximum tax bonus of 1,200 euros (20 percent), as Stiftung Warentest informed.
The invoice amount must be reduced by the material costs shown, they do not count.
But watch out: According to the experts, the tax office pays close attention to the fact that the bill is not paid in cash, but rather that the money has been transferred.
Also read:
Did You Pay Too Much Account Fee?
How to get your money back.
Tip number three:
babysitter, all well and good. But even if parents hire grandma, grandpa or aunt to
look
after the children
, they can report the expenses incurred to the tax office,
Test.de
reported
.
For the tax bonus, however, the officials would require an employment contract such as 'common among strangers' and the transfer of the wages. The office does not accept cash payments. In addition, the person who looks after the children is not allowed to live in the same household, according to the experts at
Stiftung Warentest
. If there is family support free of charge, parents could at least reimburse grandma for travel expenses with a simple receipt and then settle the accounts.
Tip number four:
According to
Test.de
,
all additional payments for prescription
drugs
can be
claimed, except for contraceptives. According to the experts, the receipt serves as proof: It contains a note if the pharmacy has withheld the prescription. "Private patients can prove their costs by copying their prescriptions and invoicing the health insurance," the portal also describes. If the insurance company has only paid a cheaper product, the surcharge can be billed.
Tip number five:
Deduct the costs for the tax advisor from the tax? As
reported by
ntv
, the following
tax consultancy costs can be deducted as business expenses
: Annex G (commercial enterprise), Annex S (self-employed work), Annex EÜR (income-surplus account) and Annex L (agriculture and forestry). The following expenses can be specified as business expenses: Appendix N (non-self-employed work), Appendix V (renting and leasing), Appendix KAP (capital assets) or Appendix R (pensions). You can find more tips on how you can deduct costs for tax advisors or income tax assistance
here
.
(ahu) * Merkur.de is an offer from IPPEN.MEDIA.
Also interesting:
Corona year: What you should definitely not forget this time with your tax return.
With these seven tips you can save a lot of money in everyday life
With these seven tips you can save a lot of money in everyday life
