If you have purchased an apartment, house or other real estate that has the status of housing, then you can take advantage of the tax incentive provided by the state to citizens. A property deduction can be received by citizens who have income that is subject to income tax and who have bought housing in the territory of the Russian Federation. To do this, you need to collect a package of documents and submit it to the tax office.
Instructions
Step 1
The tax legislation of the Russian Federation, in particular Article 220 of the Tax Code of the Russian Federation, provides for the possibility of refunding income tax paid on the purchase of real estate. Part of the money can be returned when buying an apartment, private house or land. The amount of income tax is 13% of the value of real estate, but the maximum amount accepted for tax deduction should not exceed 2 million rubles.
Step 2
Property tax deduction can be obtained when buying a home, a land plot for individual housing construction, when interior decoration of housing, if the object was purchased from a developer without finishing, the cost of interest paid for targeted loans (mortgage, construction loan). From January 1, 2014, the deduction for mortgage interest is limited to 3 million rubles. The tax authority may refuse to provide a tax deduction if the contract for the acquisition of real estate is concluded between related persons (parents, spouses, children, employer, brothers, sisters) or the person has already used his right to receive a tax deduction.
Step 3
Documents that must be submitted to the tax office in order to receive a tax deduction: a copy of the passport (a page with a photo and address of registration at the place of residence is enough); a copy of the certificate of assignment of a tax identification number (TIN); original certificate of income in the form of 2-NDFL; a copy of a savings book or bank account details; a copy and original of the title deed for the real estate object (the document on the basis of which the real estate was purchased); copy and original of the supporting document (certificate of ownership). If the object was purchased under a contract of equity participation in the construction, then it is necessary to provide a copy and original of the act of acceptance and transfer of the apartment object.
Step 4
If the apartment was purchased using credit funds (mortgage), then you must provide a copy and original of the loan agreement for the purchase of the apartment, the original certificate from the credit institution (bank) on the amount of interest paid, originals of payment documents confirming payment under the loan agreement. The above documents must be accompanied by an application for the provision of a property deduction and a completed personal income tax return in the form of 3-NDFL. The complete package of documents must be accompanied by an inventory of the documents submitted for verification. Documents can be sent by mail, or you can bring them to the tax office in person.
