You will need
- - certificate of income on form 2-NDFL from work (per year);
- - passport with a copy;
- - a copy of the contract of purchase and sale;
- - documents that confirm the possession of the property;
- - documents produced before the cost of buying a car;
- - Declaration on form 3-pit.
Sorry, I hasten to disappoint car owners: tax deduction for car purchase, as he is set to purchase an apartment or education, is not provided. This is due to the fact that the car is a vital object, and considered a luxury item. So the return is 13% of the purchase amount is not allowed here.
But despite this, when selling a car the owner can not pay the tax if the car was in his possession more than 3 years. In this case, the income tax when selling a property is not paid. In addition, sellers of property that belonged to them for at least three years, from January 2010 are exempted from filing personal income tax.
If the property (in this case a car) you served less than 3 years, the amount received from the sale may be reduced by the amount of the tax deduction (250 thousand rubles, up to 01.01.2009 125 thousand rubles), and from the balance to pay personal income tax - 13%. There are often sellers of the cars simply reduce the amount of the sale.
Another option to reduce taxation is to reduce the income received from the sale of cars due to the cost of its acquisition. It is necessary to have on hands the documents confirming your previous purchase. In this case, from the amount of income deducted expenditure, and from the result the tax is paid at the rate of 13%.
When several types of property in one calendar year the amount of the property deduction can't be greater than 250 thousand rubles. After the sale of the property, which the owner disposed of less than 3 years, he must submit to the tax Inspectorate a Declaration. You need to show it to the tax authority no later than 30 April of the following year (after the conclusion of the purchase deal).
The basis for tax deduction is the Tax Code of the Russian Federation and the Federal Law "On introducing amendments to part 2 of the Tax Code of the Russian Federation".
Advice 2 : How to return the tax to buy the car.
In accordance with the tax code a taxpayer may receive a tax deduction from the amount that he spent on education, medical treatment, purchase of apartments, houses. The size of the tax deduction when the property is sold depends on how long it was owned.
Here is a list of objects which can be given tax deductions. It is exhaustive and is given in article 220 of the RF Tax Code. For example, when buying a car tax deduction in the form in which it is installed to compensate for the costs of education, treatment or the purchase of an apartment is not provided. The fact that a car is not a vital feature, it is a luxury item. That's why a 13-percent refund of the purchase amount is not possible here.
If the car was in your property for more than three years, then during the sale you can not to pay taxes. In addition, the implementation of any other property owned by you for at least 3 years, you will be exempt from personal income tax and income tax.
If the car you served less than three years, the amount received from the sale may be reduced by the amount of the tax deduction. With balance you can pay personal income tax equal to 13%. Often the sellers therefore specify in contracts understated the cost of the car.
There is another option to reduce taxation is simply to reduce the income received from the sale of the machine due to the cost of its purchase. You need to have on hands the documents confirming your previous purchase. In this case, the amount of the costs will be subtracted from the amount of income, and from the result you will pay a tax of 13%.
After the sale of the property, the possession of which was carried out for three years or more, you will need to submit a Declaration to the tax office. After the transaction is concluded, the contract and other documents must be submitted to the tax authorities in the period up to the thirtieth of April next year. However, one year when several types of property the amount of deduction may not be higher than 250 thousand rubles.
Advice 3 : How to return income tax when buying a car
When buying a car, unlike the housing tax deduction to impossible. The current legislation does not provide this opportunity. Another thing is that when you buy a car can you take care of getting rid of the need to pay tax in case of its subsequent sale. The procedure for obtaining a tax deduction when selling a vehicle the same as any other tax deduction.
You will need
- - confirmation of the acquisition of the machine;
- - certificate of state registration of the vehicle;
- - tax Declaration under the form 3 personal income tax (not in all cases);
- - confirmation of all income received for the year in which you sold the car, and paying personal income tax;
- - the statement on granting of a tax deduction (not in all cases).
When buying a car, retain the document proving how much you cost. Depending on the situation, it is the invoice and receipt from the dealership, the contract of sale, Bank documents confirming the transfer of money (will not be superfluous to specify in the payment that the payment for the purchased machine), receipt of a buyer or other evidence. The import of foreign cars bought abroad, keep a certified translation of all papers confirming the transaction and the cost of the car and customs papers confirming the payment of import duties on foreign cars.
Keep your existing documents, confirming the cost of the car for three years. They will come in handy if you decide to sell the car before the expiry of that period, provided that for it you will receive an amount less than was spent during the purchase. But in practice most often the case. Exception - foreign cars, especially purchased overseas for resale in Russia.
When these conditions are met after the vehicle complete the tax return. The deadline for filing is April 30 of the year following that in which the transaction took place. Optimally reflect the transaction, indicating who sold the car (need to enter in the Declaration the name of the buyer - the physical person or name of legal entity). However, income enter as zero. To the Declaration and attach copies of the documents confirming your expenses and sales. Because they indicate the incurred loss tax you should not pay.
If the documents have not survived, but the car did you have the ownership of less than three years, all is not lost. You have the right not to pay tax on the portion of the proceeds from the sale of up to 125 thousand rubles. inclusive. In other words, if the car sold for that amount or less, tax free. But submit a Declaration and a statement on the granting of deduction have.
If you sold the car, which is owned less than three years, more than bought the right to tax deduction of up to 125 thousand rubles applies to such transaction. For this purpose also it is necessary to submit to tax inspection the Declaration 3-NDFL and an application for granting a property tax deduction.
If the car did you have in the property for three years or longer, don't try anything. Tax deduction you are entitled to automatically. However, keep certificate of vehicle registration and documents confirming the date of its sale within three years after the calendar year in which the sales were made. If tax will appear to you questions in connection with this transaction, a demonstration of the documents listed above will remove all claims to you.