According to the norms of tax legislation, every citizen of the Russian Federation who sells his property is obliged to pay sales tax to the budget, calculated on the basis of the profit received. Article 220 of the Tax Code of the Russian Federation establishes a rate of 13% of the amount of the tax base, which is determined according to certain rules.
It is necessary
- - tax declaration;
- - a package of documents for the property.
Instructions
Step 1
Determine the amount of property deduction by which the income received from the sale of property will be reduced. If the apartment or vehicle has been owned for 3 or more years, then in accordance with clause 1 of article 220 of the Tax Code of the Russian Federation, the deduction amount will be the amount of the profit received from the sale. In other words, you are exempt from paying sales tax. If the property has been owned for less than 3 years, then you need to choose one of the methods for calculating the tax base.
Step 2
Calculate the tax base when the amount of deduction is 1 million rubles for an apartment and 125 thousand rubles for transport. Subtract this deduction from the sale of the property. The second method of calculation is represented by deducting the acquisition costs from the sale of the property. If the value is negative, then sales tax is not considered and is recognized as zero.
Step 3
Multiply the resulting tax base by the 13% rate.
Step 4
Submit to the tax office by April 30 a declaration in the form of 3-NDFL, which contains all data on income for the year when the property was sold, in accordance with clause 4 of article 229 of the Tax Code of the Russian Federation. The declaration does not need to include the profit received as a reward for helping the authorities. It is worth noting that reporting to the tax office must be filed even if the sales tax is recognized as zero.
Step 5
Write the deduction statement that you chose when calculating the tax base. Make a copy of your passport, TIN, property purchase agreement. Get a 2-NDFL certificate at your place of work. Provide supporting documents for the costs you incurred when purchasing this property.
Step 6
Recalculate sales tax if the tax authority has identified deficiencies in the completed declaration or refused to use the property deduction. Pay by July 15 the amount of the calculated sales tax at the place of your registration.
