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The clock is ticking for the tax return! Does the autumn deadline also apply to you?

2021-10-19T18:10:37.688Z


The filing of the tax return is imminent for many of those affected. The income tax return for 2020 must be with the responsible tax office by October 31st.


The filing of the tax return is imminent for many of those affected.

The income tax return for 2020 must be with the responsible tax office by October 31st.

Did you

note

this important date in the

calendar

? Here again as a reminder: The

income tax return *

from 2020 must be submitted to

the responsible tax office by

October 31st

. In other words, anyone who

does their own tax return

for

2020

must

submit

the documents by the

end of October 2021

. Because October 31st is a Sunday, the deadline for submission is specifically extended to November 1st - and in federal states where All Saints Day is a public holiday, the deadline ends on November 2nd. According to the German Press Agency (dpa), the association "Income tax aid for employees" reminded of this. You can also find out more about all deadlines for your tax return here.

Alternative: If you use an

income tax aid association

or a

tax advisor

, then you have

even longer time

for the

2020 tax return

- in this case the submission deadline does not even

end

until the

end of May 2022

.

Tax return for the Corona year 2020 with some special features

Important to know: The

Corona year 2020

brought some peculiarities for many taxpayers.

For

example, employees who received

short-time working

benefits

of

more than EUR 410 in

2020 are also

required to submit an income tax

return

, as the dpa described.

According to the experts, whether there is a risk of back payments depends on the individual case.

Sometimes there is also money back.

Read about it:

Possible consequences of short-time work: What many employees now have to reckon with

But

taxpayers

who received other

wage replacement benefits

in the past year

- for example,

sickness, parental or unemployment benefits

- are also required to submit a tax return, dpa said. The wage tax aid association also advises you to take advantage of all tax advantages by claiming relevant expenses. You shouldn't forget the

home office flat rate of five euros per day for a maximum of 120 working days

or purchases for the home office. However, ultimately only those taxpayers benefit from the home office flat-rate, who come above the already applicable flat-rate 

advertising fee of 1,000 euros

 . Read more about it here.

For further reading

: Tax return: You should deduct these costs from the Corona year 2020 now

Is it tax deductible at home office?

Even a “

closed work room

” can, like

BR.de.

on the subject, can be “fully” set off under certain conditions: “It has to be a separate room that is also equipped like an office, in other words, to put it simply: desk, chair, filing cabinet. And: this study must be the center of all professional activity, ”says the report. “Full deduction” means “that the costs for the study can be deducted in unlimited amounts. These include, for example, renovating the room, laying a new floor and equipping it with privacy curtains. "Costs that were only partially incurred in the meantime would have to" of course be split up ", the report on BR.de continued - including, for example Rent payments or costs for heating, electricity and water.

Also interesting:

Tax returns: “One of the most common mistakes” according to experts - this is how you get more money back

Do I have to submit a tax return?

Many employees are meanwhile not obliged to submit a tax return.

According to the law, anyone

who only gets their salary and has 

no other income 

does not have to fill out the forms, dpa reported in principle. According to the dpa, however, the forms must be filled out, for example, if you had

several employers 

next to each other in 2020 

. Even if 

both spouses had received wages

 and 

one of the two

had been

taxed with tax class V or VI 

or the couple

 had chosen

the so-called 

factor method

, there was a tax obligation.

Freelancers, self-employed persons and traders

 are also

required to submit an income tax

return

.

And many 

seniors also 

have to file a tax return.

Whether this is the case depends on the amount of the gross pension and the year of the start of the pension, as dpa had described, among other things.

Also read:

Don't forget the deadline for your tax return - three last-minute tips, according to experts, if you are also late

Tip from experts: Check your tax assessment as soon as possible

Another note for everyone who has already submitted their tax return:

If you

receive

your tax assessment

, you should check the information promptly.

Because, according to experts, it is not uncommon for you to discover a mistake - and you can react in good time if necessary.

(ahu) * Merkur.de is an offer from IPPEN.MEDIA.

Source: merkur

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