Tax deductible monthly pass for the train
Anyone who travels to work by bus and train every day can claim these travel costs on their annual tax return. It takes little effort to sell the monthly ticket for the train and the result is usually impressive.
What you need:
- supporting documents
- Income tax return
- Kilometers
How to use the monthly ticket for the train
- If you want to deduct your monthly ticket for the train from tax, you should have appropriate receipts. You should therefore file your tickets. The best thing to do is to stick this month after month on a piece of white paper, write the date underneath, the start and destination.
- You can provide information on your income tax return ride costs do. Enter the address of the employer, your days of work and vacation and the number of kilometers to the place of work. You can have the exact kilometer information calculated using the route planner.
- Then enter the actual distance you have traveled in the "Of which kilometers traveled by public transport" field. Enter only the simple and daily route here. That Tax office calculates the monthly distance covered by yourself.
- As a rule, keep your monthly ticket for the train at least until the tax assessment has been received and checked.
- Another way to save taxes by reporting travel expenses is to enter an allowance on your income tax card. If you regularly buy a monthly ticket for the train, you can have this amount entered at the tax office and save directly on monthly income tax.
- Bring your income tax card and receipts to the tax office. The entry is usually made on site.
- Important: If your employer pays all or part of your travel expenses, you can costs of course not tax deductible. Therefore, think carefully about such an offer. It is especially worthwhile if you get your monthly train ticket paid for directly by your employer. If, on the other hand, the employer pays you a travel allowance in addition to your wages, you will receive tax deductions on it.
- Therefore, the following applies: Pay your travel costs yourself and then deduct them for tax purposes or use company fuel cards, ticket subscriptions, etc. That’s the most worthwhile.
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