In order to apply for a tax deduction, you will need to provide the tax authority at the place of residence the following documents. First, you must write a letter to the head of the institution about obtaining a tax deductionand the purchase, construction or mortgage lending. You must have the original certificate of title to the apartment a contract of purchase and sale, act inthe EMA and transfer of the apartment, all the payment documents confirming the fact of transfer of money (receipt of the seller, a copy of the payment receipt of the fee receipt withjednym orders, cash receipts, etc.).
These documents whenput the Declaration of income for last year and the loan agreement, if the apartment if youacquired a mortgage. The point to issue tax deduction is only when you receive official salaries. Take the employer a certificate 2NDFL on wages and when youattach it to the rest of the documents.
If you want to get a tax deduction at the place of work, you don't have to fill in a tax return. The staff of tax inspection on your claim in 30 days give you hands on help on the situation of the benefits. This document is if youcarry in the accounting, and on its basis you do not deduct income tax within a certain time. The certificate is issued for the current period, and every year you need to renew it.
Therefore, all documents need to be provided annually to the tax authority to confirm your eligibility, as long as the money is paid.If when youfound the apartment not pay you, and, ifmeasures, the employer, the tax deduction you are granted. The Statute of limitations for the tax deductionand is not included. If annual salary is a lump sum deductionand the payment transferred to the next year.
Tax deduction you can get once in a lifetime. If the apartment is bought in joint ownership each co-owner is entitled to a deduction, calculated on the basis of 50% of the size of the apartment cost.
To issue tax - deductible to the apartment through a tax deduction is beneficial when you don't want to know about it a wide range of people, you work several jobs, you need a large sum of money at once.To make deduction at work good when you get a small salary, or, on the contrary. When you have a greater wage, then you get the whole deduction faster.
If you apply for a tax deduction on apartment purchase using mortgage, in addition to the loan agreement, you must provide a statement from the Bank about the interest repaid for each year, a statement of cash flow for repayment of the loan from the moment of its design until today.
After that, the tax authority will review your application with inapplication and provide an answer within three months from the date of application. The funds can be obtain at the expense in the same period for the current year. Each year you must renew your right to benefits, and provide a new package of documents to the tax authority.
Advice 2 : How can you get a deduction when buying a home
Russian law obliges every working citizen to pay income tax. However, the part of the amount paid into the Treasury of the state, man can return. The basis for obtaining tax deductions, namely the so-called process of refund from the budget to the taxpayer, serve the confirmed treatment expenses, education, purchase of housing.
You will need
- - the certificate on the property right to residential house, apartment, or part of them, as well as the land (purchase a home);
- - agreement of purchase and sale;
- - the act of transfer and acceptance of premises;
- - proof of payment (receipts, Bank statements, receipts, etc.);
- - the contract of mortgage lending and repayment schedule;
- - a written statement (form available in the tax office);
- - filled tax Declaration 3-NDFL;
- - income statement 2-pit;
- - passport of the citizen of the Russian Federation.
Make sure that you are entitled to a property tax deduction. You have the right to compensate expenses for purchase of houses, apartments, shares in residential premises, land plots for individual building or plot purchased with the house. In addition, to reduce the taxable portion of the income on the amount of interest on a mortgage.
This benefit is not available if the citizen has already received a property deduction. To return money when buying housing only once in life. All expenses must be paid by the taxpayer, and not other persons, for example, by the employer. To receive a deduction will not be able family used for the purchase of apartments or individual houses "maternal capital" or funds received under state and municipal programmes for the improvement of living conditions of citizens. There are no tax incentives for housing, bought from relatives, creditors or debtors.
Unemployed Russians can get a property deduction, if he sold his old house and paid the amount received from income tax at the rate of 13%. Pensioners who have no other taxable sources of income, the balance deduction will be calculated according to their salary during the three pre-retirement years.
Remember: the maximum size of the deduction for the purchase of housing is 2 million rubles. This amount will be returned to 13%, i.e. 260 thousand rubles. If your property is worth, for example, 3 million rubles, the deduction you will receive only 2 million But when you buy cheaper housing tax credit will be calculated from its actual value. For example, a Studio apartment cost 750 thousand rubles. For her you are supposed to 13%, i.e., 97500 rubles.
Additional opportunities exist at the newcomers, who used a mortgage loan. They can apply a property deduction on the monthly payments on the loan (interest). Buying an apartment in a new building without interior decoration, you can also reimburse for the purchase of building materials for finishing works.
Select the method of receiving a property deduction. You have two options: tax office (the amount will be transferred into your Bank account) or through an employer (from your salary a certain time will not be deducted 13%).
Prepare documents for submission to the tax office. To apply for a property deduction you need at the beginning of the year following the year of purchase. For example, you purchased an apartment in July of 2011, so contact the tax authorities should in January-February 2012. You must submit originals and copies of legal documents.
Tax inspection officers will review your application and determine the maximum size of a property deduction. When receiving the deduction for the employer, don't forget to get in on the notice of the right to tax relief. This document you must submit to the accounting Department of their organization.
The property must be purchased on the territory of the Russian Federation at the expense of the citizen, or the use of a mortgage loan received in the Russian Bank.