How to return real estate tax

How to return real estate tax



Once in a lifetime everything taxpayers tax exemption if they have acquired the property for cash or on credit(Article No. 224-F3 of the Federal Law, Article 220 of the Tax Code of the Russian Federation). To return the tax, it is necessary to prepare a package of documents and apply to the Federal Tax Inspectorate.





How to return real estate tax


















You will need




  • - Your passport;
  • - application;
  • - the declaration;
  • - certificate of ownership;
  • - certificate of the form 2-NDFL on income;
  • - payment documents;
  • - the settlement account of the Savings Bank, if the deduction is received in cash.




Instructions





1


To return 13% from two million rubles from costyou will be able to purchase the property in two ways: you will be released from paying taxes until you get the right amount, or transfer cash to your account.





2


Contact the tax office right afterpurchase of real estate, if you want to receive a tax deduction in the form of exemption from payment of taxes. If you wish to return the tax in cash by transferring to your account, you must apply for a deposit less than 12 months after the purchase of the property. Do not over tighten with handling. Terms of tax refund are limited to three years.





3


You have the right to receive no more than 260 thousand rubles in return for the previously paid tax. If your the property is much more expensive, the tax will be returned to you onlywith 2,000,000 of its value. If you have formalized the ownership of several people, all the owners should apply for their share of the tax deduction. For example, if the housing or land is designed for two owners, each can return 130 thousand rubles.





4


When applying to the tax inspection you will be offeredwrite a statement, fill in the declaration of 3-NDFL. In addition, you must show a passport, a certificate of ownership, a certificate of income form 2-NDFL, a contract of sale, documents confirming the transfer of funds for the property. As financial documents, you can show bank checks, certificates, receipt from the seller of property. If you have purchased the property on credit, present a contract and a certificate from the bank. To return the tax in cash, present your account number in the Savings Bank of the Russian Federation. The tax inspection works only with Sberbank.





5


With a non-cash form of return you will immediately be givena certificate that must be presented to the accounting department of your company. You will no longer be charged with income tax. If you receive a cash tax, you will be transferred to your account within 30 days from the date of the request.