Not everyone expects these tax tips
Created: 12/30/2021, 12:55 PM
By: Janine Napirca
You may be able to deduct more from your tax than you previously thought.
© Uwe Umstätter / Imago
Nobody really feels like filing their tax return.
But financially, you can possibly get more out of it than you previously suspected.
Doing paperwork is arguably one of the things most people in the world find annoying and stressful.
So it's no wonder that
tax returns are
often put off as long as possible.
There are quite a few things that are worth tax deducting.
The following
tax tips
are
guaranteed to include
some that you did not know before and that can help you save money.
Do I have to pay taxes on a lottery win?
If you are ever one of the lucky lottery winners in your life, you don't have to worry about tax back payments.
Because
winning the lottery
is a matter of luck.
Therefore, regardless of how high the amount won, it does not fall under one of the types of income set out in paragraph two, paragraph three of the Income Tax Act.
What this means for you: If you ever win the lottery, you
do not have to pay tax
on the winnings .
Also read :
Supermarket
: Who pushes with the biceps, spends more money.
Tax-deducting over-the-counter drugs
Getting a
green
prescription
from a doctor
is much more likely than winning the lottery
. In many cases, the drugs prescribed by the doctor are printed on a pink prescription. This means that the health insurance company pays for these drugs. Not so with green recipes. Doctors will prescribe such drugs when they find it useful. In such a case, you can get the money back from your health insurance company. If the cash register does not pay for your green prescription, you can claim it against the extraordinary charges. However, this is only possible if the reasonable load limit is exceeded.
Attention allergy sufferers: Special
allergy mattresses
and
bed linen for allergy sufferers
can also be stated as an extraordinary burden in the tax return, provided that your health insurance company does not cover the costs anyway.
To do this, however, you need an opinion from an official or medical examiner.
Unfortunately, an opinion from a specialist or a doctor's recommendation is not sufficient.
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interesting
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Deducting the Gym from the Tax?
Especially in times of Corona and home office, many people lack sufficient exercise.
Back pain and other physical complaints are the result.
Therefore, many choose
to go
to the
gym
.
But is it tax deductible for the gym costs?
In certain cases - yes!
However, you also need a certificate from your family doctor for this, which will then be checked by a public health officer.
If the health department determines that you need the training to alleviate your symptoms, the costs for the gym are tax-deductible as an exceptional burden.
However, some of the training units in the fitness studio must also be accompanied by a doctor or physiotherapist.
Tax deductible: braces, glasses and Co.
You can also claim
dental adjustments
for yourself or your children as an extraordinary tax expense.
The costs that your health insurance company has not covered can be borne by the tax office, at least above a certain amount.
In any case, you have to pay what is considered to be a reasonable burden.
The same applies to
contact lenses
,
glasses
and
prescription sunglasses
.
But not only the cost of the visual aid itself, but also
travel costs
to the ophthalmologist or optician can be deducted from the tax as an extraordinary burden.
Read
you
well
, how much you have to earn in order to belong to the so-called upper class?
Get back taxes paid on glasses and braces on your tax return.
© Oscar Carrascosa Martinez / Imago
Is it possible to deduct animals from the tax?
Do you have your pet looked after by a dog sitter
or something similar
from time to time in your own four walls ?
You can deduct the costs for this as a
household service
.
You can also claim
professional walks
for tax purposes.
If a trade is officially registered and the providers work on account.
However, if you take a pet boarding house
for the duration of a vacation, for example
, you will have to bear the costs yourself.
Less pleasant animals, on the other hand, are
pigeons
or even
pests
.
You can also deduct the
costs of
removal
from your tax.
Handicrafts, the so-called
handicraft bonus
, can also be deducted from taxes.
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interesting
: The Queen is looking for staff for her garden - that's how much the new gardener should earn at Windsor Castle.
Deducting a party from the tax - Here's how
The prerequisite for a party to be tax deductible is that it is a
professional
celebration
.
The tax office decides whether to recognize the costs or not.
Anniversaries or farewell parties have a better chance of being tax deductible than a birthday party among colleagues.
In addition, it is sometimes a condition for a party to be accounted for as advertising expenses that only colleagues from work have been invited to the celebration.
Tax-deduct sperm donation or artificial insemination
In
certain circumstances, single persons and couples can deduct the
cost of
artificial
insemination
from tax as an exceptional burden.
Just like for a
sperm donation
.
Because the fertilization of an egg cell with a foreign sperm is a medical measure that, according to a judgment of the Federal Fiscal Court, replaces a disabled body function of the husband.
Just as a woman who is infertile due to illness can claim artificial insemination for tax purposes, according to the judgment of the Münster Finance Court.
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