In a number of situations, the state provides citizens with a tax exemption. In particular, those persons who have paid income tax on the sale of their property or built / bought a home can count on a tax deduction. This amount is charged according to a certain principle in several ways.
It is necessary
Documents on the purchase and sale transaction, application to the tax authority, bank details
Instructions
Step 1
Contact the tax office. Fill in the income tax return no later than April 30, calculate the tax and pay it no later than July 15. You can get a tax deduction when purchasing a home through the tax authorities or from your employer.
Step 2
To receive a deduction through the tax authorities, submit to the tax authority a declaration, a certificate of employment, as well as documents certifying the right to own housing or its share, an agreement on the acquisition of residential space in a house under construction or an act of purchase of a land plot. Attach to these documents receipts to receipts, sales and cash receipts for purchased building materials, bank statements of transactions between the accounts of the buyer and the seller, a loan agreement.
Step 3
After a comprehensive review of the documents, the tax authority will notify you of the fact of excessive tax withholding. Submit an application for the return of this debt and provide the bank details where you need to transfer the tax deduction.
Step 4
To receive a tax deduction through an employer, collect and submit to the tax authority a package of documents similar to that indicated above. In your subsequent application to the tax office, please indicate the request to prove your eligibility for the deduction.
