How to deduct your rent in your 2023 income tax return these are the requirements for tenants and owners

Millions of taxpayers already have this date marked on their calendar: Tuesday, April 11 , the day the tax return begins. The personal income tax campaign runs until June 30. There is time to study the procedure calmly and know how to save money. However, it is advisable not to leave everything for the last day. The most common doubts have to do with deductions. How much money can you save on rent? This will depend on the deductions to which you are entitled. Housing is one of the elements that can help you save money on your tax return. And this is true whether you are a tenant or if you own it and rent it. How to apply the disability reduction. In the income tax return: these are the requirements There are state and regional deductions.

This is the case in communities like Madrid

How to deduct your rent as a tenant Tenants have a state rent deduction if the rental agreement was signed before January 1, 2015. In this case , you can deduct 10.5% of the amounts paid for the rental in the tax period that corresponds to the 2023 income, which is the year 2022. For this, your tax base must be less than 24,107.20 euros per year. . Regarding regional deductions for rent, most range between 10% and 30% of the amounts paid in this concept . Although Lebanon Mobile Number Database to do this you must meet requirements such as being under 35 years old. , Andalusia or Catalonia. Of course, there are limits. For example, in Madrid you cannot deduct more than 1,000 euros per year, in Andalusia 500 euros and in Catalonia 300 euros.

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A public expenditure that is affected by inflation, although at the moment

Furthermore, if you carry out works to improve the energy efficiency of the home you rent, you will be able to access a deduction of up to between 20% and 60% of personal income tax on the cost of the installation . Remember that you must declare the income you obtain from renting as income from real estate capital.The call for municipal and regional Swedish phone number list elections – there will be elections. In Aragon, Asturias, the Canary Islands, Cantabria, Castilla-La Mancha, the Valencian Community, Extremadura, the Balearic Islands, the Region of Murcia, Navarra, La Rioja and Madrid — and this is already beginning to be noticed in public spending.  the total budget for this year’s electoral calls is unknown – the Government will provide the data on them as the date approaches. To the cost of organizing an election itself.

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