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Five legal tricks for your tax return: It's that easy to get your money back now

2021-12-22T07:48:49.212Z


Five legal tricks for your tax return: It's that easy to get your money back now Created: 12/22/2021, 08:35 AM By: Anne Hund Often there is money back through the tax return. © www.imago-images.de 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 w


Five legal tricks for your tax return: It's that easy to get your money back now

Created: 12/22/2021, 08:35 AM

By: Anne Hund

Often there is money back through the tax return.

© www.imago-images.de

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. ”

Special apps and programs

can also help with the

income tax return,

for example. For example, checklists for documents and receipts (promotional link) are also helpful.

Tip number two:

Tenants and owners get a tax discount if

tradesmen repair, renovate, refurbish, maintain or modernize something in their house, on the property or in their apartment

at their own expense.

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:

Important for taxpayers: How to save a lot of money at the turn of the year 2021/2022

Tip number three:

babysitter, all well and good. But even if parents use 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 like '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 it.

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 billing the health insurance," the portal also describes.

If the insurance has only paid a cheaper preparation, the surcharge can be billed.

Also interesting

: Tax return: With these costs you get a lot of money back

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.

This article contains an affiliate link.

Source: merkur

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