How To Apply For A Tax Deduction For Your Home

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How To Apply For A Tax Deduction For Your Home
How To Apply For A Tax Deduction For Your Home

Video: How To Apply For A Tax Deduction For Your Home

Video: How To Apply For A Tax Deduction For Your Home
Video: Homeowner Tax Advantages 2020 | CPA EXPLAINS | Homeowner Tax Deductions & Tax Credits 2024, November
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When acquiring property, in particular your home, the state provides a deduction. For this, a declaration is drawn up, for which you can download the program on the official website of the IFTS. A package of documentation is attached to it, the list of which depends on the region where you live. Find out the full list of documents at the inspection of your city.

How to apply for a tax deduction for your home
How to apply for a tax deduction for your home

It is necessary

  • - documents confirming the ownership of real estate;
  • - an agreement on the purchase of real estate;
  • - the act of acceptance and transfer of real estate;
  • - payment documents confirming the fact of payment of expenses (sales and cash receipts, receipts, bank statements on a loan and other documents);
  • - 2-NDFL certificate;
  • - the program "Declaration";
  • - passport;
  • - TIN certificate;
  • - loan agreement;
  • - Tax Code of the Russian Federation;
  • - power of attorney for the right to receive a deduction (if the property is shared).

Instructions

Step 1

Fill out the declaration, enter the type of document, in this case it corresponds to 3-NDFL. If this is your first time filing a tax return, put "0" as the correction number. Indicate the tax service number at the place of your registration. Enter your sign as a taxpayer, in this case it is another individual. Please note that the deduction can be obtained only when you officially work, transfer income tax regularly. Confirm your income with a 2-NDFL certificate.

Step 2

Write your complete personal data, passport details, including its series, number, department code. Don't forget to include your phone number. On it, as a rule, tax authorities contact to clarify information. Enter the address of your registration (registration).

Step 3

In the income column, write the name of the company where you perform your obligations under the contract (labor, civil). Indicate the TIN, PPC of the company where you work. Then write down, indicating the numbers of the months, the amount of your salary for the last six months or a year of your work in a particular enterprise.

Step 4

On the deductions tab, select the property deduction. Then specify the type of home acquisition. As a rule, this is a sales contract. Enter the type of property. In case of joint or shared ownership, in order to receive a deduction, draw up a power of attorney that transfers the right to return the money to one of the owners. Write the address where the house you bought is located. Indicate the date of registration of ownership using the appropriate certificate. Enter the date, month, year when the right to use the property was transferred to you from the seller.

Step 5

Write down the cost of the house in accordance with the amount specified in the contract, as well as with the amount of payment on payment documents. Print your declaration. Write an application for granting you a property deduction. Submit the documentation to the tax authority.

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