Tax-deductible monthly ticket for the railway
Many people have a long commute to work. Long journeys increase the costs that have to be incurred each month for the journey and thus reduce income. It is not uncommon for four-digit sums of money to come up over the course of the year for fuel or for a monthly ticket for the train. Here you can read how you can deduct the costs of the monthly train ticket from tax.
What you need:
- proof
Drop off the monthly pass or claim a mileage allowance
- Basically there is for everyone costswhether for the monthly ticket for the train or for the journey with your own car, which is caused by a long commute, a distance flat rate.
- The distance flat rate is 30 cents per kilometer. Only the one way to work and the shortest distance apply. The working days per year are also decisive.
- So if you have to drive 23 kilometers to work and do so on 300 days per year, then costs of 2070 € per year will be recognized in your tax return. But be careful: These costs will not be reimbursed in full. They only reduce the taxable income.
- Now compare the kilometer flat rate with the costs you incur for the monthly train ticket.
Actual costs for journeys by train will be reimbursed
- If you get to work with a monthly train ticket, then it is up to you what costs you claim. If the monthly pass for the train is more expensive than the calculated distance flat rate, then you can claim the actual costs for the monthly pass for the train in your tax return do.
- It is important that you keep the evidence. When filing your tax return, the costs that you actually incur are always relevant.
Deduct the monthly ticket for the train from the tax - this is how it works
Anyone who travels to work by bus and train every day can pay these travel costs at the ...
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