Property tax deduction refers to income tax-exempt from the sale of property (real estate, car, etc.) or the cost of purchasing real estate and interest on a mortgage loan. For confirmation of the right to it, you must contact the tax office.
It is necessary
- - declaration in the form of 3NDFL;
- - documents confirming the receipt of income in the past year and the tax paid from it;
- - property purchase and sale agreement;
- - mortgage loan agreement, if relevant;
- - when selling property, a copy of the certificate of ownership of it.
Instructions
Step 1
When selling a property, the amount of the deduction depends on how long you have owned it. If it is three years or more, then you do not have to pay tax, but you still have to submit it to the tax documents. If less, then when selling real estate (apartment, house, summer cottage, land plot, garden house) taxes are not paid from the amount up to 1 million rubles. inclusive. Other property, for example, cars - up to 250 thousand rubles.
When buying real estate, a deduction is provided for an amount of up to 2 million rubles. The mortgage interest is fully reimbursed.
Step 2
In the tax office you need to submit a 3NDFL declaration, an application for a deduction and documents confirming the fact of the transaction and its price, the income you received in the past year and the tax paid from it.
Income at the main place of work and additional earnings, from which personal income tax of 13% was automatically charged, is confirmed by a certificate in the form of 2NDFL, which is taken from the employer. For this, an application is written to the name of the head of the organization, which is submitted to the reception, personnel department or accounting department - depending on the procedures in a particular company. You are obliged to issue this certificate.
Other income is confirmed by the contracts on the basis of which it was received, and other documents, if any. Self-paid tax from him - receipts.
Step 3
Attach a copy of the purchase and sale agreement to the declaration (it will confirm the fact of the transaction and its price). If the property was sold by you, you will need a copy of the title deed or other document that will show how long you have owned it - more than three years or less.
If you bought a home with a mortgage, attach a loan agreement to calculate the interest compensation.
All these documents must be taken to the tax office (in this case, you will need two sets: on the second, they will make a mark of acceptance and return it to you) or sent by registered mail with a list of attachments and return receipt.
You will be notified in writing of the tax office's decision.
