In Russia, citizens have a lot of diverse powers, privileges and amazing rights. Some of them may seem surprising. Say, in Russia there is the possibility of reimbursing money for some ordered services or operations. The main thing is to properly prepare for the corresponding process. True, such powers are not laid to all citizens, but only to a certain circle of people. But as a rule, citizens of the Russian Federation most often can claim their right to refund part of the money for expenses incurred in a particular case. Today we will be interested in a tax deduction for the purchase of an apartment. What kind of document is this? How to fill it? A file with the authorized body? And what is the deduction for housing? Everyone can find the answers below. All information is relevant for 2019. In reality, everything is not as difficult as it seems initially. Only prepare for the implementation of the relevant rights will still have to.
Definition of Authority
How to apply for a tax deduction when buying an apartment? The first thing a person must understand is what he is dealing with as a whole. Maybe he has no right to a tax deduction.
A tax type deduction is a procedure for exemption from personal income tax or the return of part of the money incurred for certain expenses. Say, for the fact that a person has acquired real estate at his own expense. In our situation, we are talking about residential territory. Applications for deduction (tax refund) are submitted in accordance with the established rules.
You will have to remember that the bonus being studied is simply not provided. It is drawn up exclusively at the request of a person. Authorized bodies cannot appoint him on their own. Accordingly, until the petition is filed with a particular service, a deduction will not be provided. How to cope with a similar task, we consider further.
Types of Property Deductions
A tax deduction when buying an apartment or other housing is an excellent legal way to reduce the total costs incurred by a person in acquiring real estate. This type of return is called property. It is different.
Namely:
The second type of deduction is made out in order to recover the share of expenses spent on interest on a home loan. The main tax property deduction can be requested along with the mortgage. And without him, too.
Amount Limits
Draw up a property deduction when acquiring property with proper and timely preparation will not be difficult. The main thing is to act according to the instructions below.
How much money can I ask for? To date, a tax type return allows you to claim thirteen percent of the amount specified in the transaction agreement or the cost of the service provided. Nevertheless, it is worth remembering the established limits for deductions.
In the case of property return, you should focus on the following indicators:
- up to two hundred sixty thousand rubles - for the main deduction;
- no more than three hundred and ninety thousand rubles - for a mortgage return.
As soon as the indicated sums of money are exhausted, the person will lose his right to apply for personal income tax return for the acquisition of property. There is no way to restore it.
Important: you cannot claim a deduction greater than the amount of listed taxes for the selected period of time.
Terms of registration
Want to apply for a tax deduction for the purchase of an apartment or house? It is worth noting that not every citizen of the Russian Federation has the appropriate authority.
To be eligible for a tax deduction, you must:
- the citizen paid with his own money;
- the applicant had an official place of work;
- whoever asked for a refund paid thirteen percent income tax;
- the person had citizenship of the Russian Federation;
- the property was issued to those who apply to authorized services for a refund.
Accordingly, foreigners, as well as persons without official income, will under no circumstances be able to use the law being studied. He simply does not have such. But there are also exceptions to the rules. Which ones?
For pensioners and unemployed
We are talking about the possibility of transferring income taxes for a certain period. So far, he is three years old. The corresponding right may be exercised by a pensioner or unemployed citizen of the Russian Federation. What does it mean?
When applying for a tax deduction for the purchase of an apartment, not current income taxes will be taken into account, but made for previous years. Accordingly, a person without an official income taxed by personal income tax of 13 percent is temporarily deprived of the right to issue a refund for the purchase of housing only after the indicated period after dismissal.
Entrepreneurs and refunds
Applications for tax refunds for the purchase of an apartment and treatment are two different documents. And they relate to different types of tax deductions. Only you can get them on a common basis.
Some people wonder if entrepreneurs can demand a deduction from the state when buying a home. The answer is simple - yes, but not always. For this, the individual entrepreneur must transfer taxes to the state treasury in the amount of 13% of the income received. Perhaps this is when applying the general tax system.
But when using special tax payment regimes (including self-employment), an entrepreneur will not be able to claim a tax deduction for the purchase of housing. This is a normal occurrence.
Where to serve
Where to go with a tax deduction for a home purchase? It is problematic to give a definite answer to a similar question. This is due to the fact that citizens can independently choose an authorized body to claim a tax refund for the acquisition of real estate. But applications for the tax deduction for the purchase of an apartment are not accepted everywhere.
At present, the main body dealing with tax deductions is the Federal Tax Service of the Russian Federation. Contact the local office of the appropriate service. In addition to it, you can submit a request through the multifunctional centers. Their mobile offices should also help with the deduction.
In Russia, tax deductions became possible through employers. This is not the most popular scenario, but we will also consider it. The thing is that when applying to the MFC or the tax office directly, the citizen will immediately receive all the sum of money put to him. If you apply for the deduction to the employer, the applicant’s salary will be exempt from income tax. The corresponding “bonus” is granted until the deduction amount has been exhausted.
Recency
Are you planning a tax deduction when buying an apartment? A sample application of the established form is presented below. And how much time does a person have to exercise the corresponding powers?
The limitation of tax deduction requests today allows a person to demand money for transactions and services for three years. The countdown starts from the date specified in the relevant agreement.
It is also worth remembering that a person is empowered to demand money immediately for all 36 months. In this case, you do not have to re-apply to the tax from year to year. This technique is extremely convenient when paying for a mortgage.
Sample Application
What does a sample application for a personal income tax return look like when buying an apartment? You can see the template for this document below.
As a rule, no third-party information is written in the form of the established form. Only that will help to appoint an income tax refund. The main thing is not to forget to indicate the account used by the person to transfer funds in the end, because cash is not refunded.
Content of application
What information will have to be included in the tax deduction application form when buying an apartment? It has already been said that no third-party data is indicated in the application.
Usually a competent sample deduction application contains:
- Applicant's full name;
- deduction requirement;
- a description of the property for which they want to receive funds;
- the amount of expenses incurred;
- date of conclusion of the transaction;
- list of documents attached to the application;
- amount of funds returned (preferably);
- information about the account or card on which you want to "deduct" the deduction.
As a rule, filling out an application for a tax deduction for the purchase of an apartment or other housing does not cause any trouble. If you have any difficulties, you can always contact the authorized body and ask the staff for help.
Documents for the operation: the main components
And what documents for obtaining a property tax deduction will be useful in a particular case? Usually their list is directly dependent on life circumstances. This means that each case must be considered separately from each other.
Let's start with the required documents. Without them, a deduction will not work under any circumstances. The following documents are included in the relevant list:
- passport;
- application for deduction;
- tax return;
- income statements;
- USRN statements;
- title document for "real estate";
- receipts and checks indicating the fact of making money for the transaction.
As already mentioned, this is not the end. Under no circumstances can you do without this. What else may the applicant require?
Mortgage Refund Inquiries
Filling out a tax refund application form is not so difficult. It is much more difficult, as a rule, to prepare other documents for their further consideration.
We have already familiarized ourselves with the basic certificates for personal income tax refunds. If a citizen draws up a mortgage deduction, he must additionally bring with him:
- mortgage agreement;
- repayment schedule for a home loan;
- bank statements on depositing funds for a mortgage;
- receipts, checks or receipts capable of confirming the fact of making payments.
All listed documents should be submitted only in originals. Their copies without originals are not accepted by authorized organizations.
If there is a family
An application form for the return of personal income tax when buying an apartment can be obtained at the Federal Tax Service or in the multifunctional center. You can also download the corresponding application from the official website of the Federal Tax Service. It remains only to fill it in legible handwriting.
If the applicant citizen has a family, he is advised to prepare an additional package of documents when applying for a property type tax refund. More precisely, you need to take with you:
- divorce or marriage certificate;
- prenuptial agreement;
- certificates on the adoption or birth of children under the age of majority;
- other evidence indicating the fact of payment of the transaction with personal money.
As practice shows, spouses, when buying property in marriage, have equal rights to a tax deduction subject to the above conditions. In this case, the application must indicate to whom and what proportion of the deduction to allocate.
Instruction: we apply to the Federal Tax Service for the return of personal income tax
Are you planning a tax deduction when buying an apartment? Everyone will be able to fill in the application form of the established form. As a rule, more difficulties arise when preparing the actual form of 3-NDFL.
What to do to apply for a tax property return? Usually, you have to proceed as follows:
- To prepare the documents necessary for claiming income tax reimbursement in established amounts. You can read them above.
- Carry out the necessary information in the application of the established form.
- Contact the Federal Tax Service or the multifunctional center for the appropriate service.
- Wait for a response from an authorized service. He must come in writing and with the rationale for the decision.
In reality, everything is simpler than it seems. If the FTS approved the deduction, it remains only to wait for the transfer of money to the account indicated by the citizen. Otherwise, you will have to look at the cause of the failure. In some cases, it can be successfully eliminated. It takes a month. That is so much that it is allotted for the applicant not to apply for the tax deduction for the purchase of an apartment again, starting from the very beginning.
Management: make a deduction from the employer
As already mentioned, you can apply for a personal income tax return through the employer. But this is far from the most common case.
In order to cope with the task, as a rule, you need:
- Form a package of documents required by law. Income statements and tax returns are not required.
- Write and fill out an application for personal income tax refund.
- Contact your employer with the appropriate requirement.
If everything is done correctly, the next month a person’s salary will be exempt from income tax. Otherwise, the authorities must justify the refusal to exercise the studied law.
Conclusion
Property deduction when acquiring property to issue is not difficult. The main thing is to follow the suggested tips and recommendations.
On average, it takes one and a half to two months to consider an application for a deduction from the Federal Tax Service. The same amount is spent on banking operations. Therefore, this method of reimbursing money for the purchase of housing is far from the fastest. When applying for the return of personal income tax, the employer will have to wait only a month.