How to receive from the state 260 000 rubles

In some specific cases, you can get 260 000 rubles

To calculate this amount from the state is possible with the direct purchase or construction of housing. This can be a private household, room, private apartment or fractions thereof.

Also get a tax deduction is the acquisition of land for construction or the object of housing or the refinancing of loans for housing purchase and construction.

260 000 thousand rubles you can get as a compensation for the cost of finishing/repair of housing in the case if it was purchased from the Builder without finishing.

When a tax deduction is not available

The acquisition of property from related parties. these can be relatives or employers.

Count on is not worth the money when you pay another person, or if a tax deduction has already been received previously by another object.

How to calculate the amount of tax deduction

To receive from the state 260 000 rubles you want the value of the purchased object was not more than 2 000 000 rubles (13% of this amount is 260 000).

However, when the payment of mortgage interest to return income tax in full, without restrictions. This amount may even be higher than the refund amount when buying a home not a mortgage. In one year you can return the same amount of money listed in the budget.

Entitled to a refund of the tax is reserved for the citizen of the Russian Federation for several years, until the refund amount will be 260 000 rubles.

What documents do I need to provide to the tax office

Documents you need to provide to the tax Inspectorate no later than three years from the date of purchase of real estate (land).

For tax deduction you must have:

ID;

- the documents confirming the expenses;

- application for refund of the tax Declaration 3-NDFL;

- certificate 2-pit (to confirm the transfer to the budget income tax).