VIDEO: How do I file a tax return?

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A careful tax return increases the chances of getting a refund

If you are in a job, you don't necessarily have to deal with finances. Many still shy away from filing their own tax returns. However, if you do not own a property that has been rented out to someone else, or have additional income from other activities, you should do your own tax return. If the receipts, receipts and bank statements are all at hand, filling out the forms is no longer a big deal and the question "how do I do mine." Tax return? "Changes to" when do I make my tax return? " electronic On-line- Tax return, is made.

  • In principle, all income is taxable. In contrast, everyone can costs, Business expenses that can be deducted in connection with the generation, maintenance and safeguarding of this income.
  • The first step to a successful tax return is to use all receipts and evidence that has arisen in connection with expenses.
  • Filling out the coat sheet is a good warm-up exercise to help you find your way into the world of forms. You have your personal data in your head, and on page 2 you only need to tick the types of income. The name of the institution and the amount of the donation are transferred from the donation receipts.
  • If you have children who haven't yet education are finished, the "child" system follows. The questions in the coat sheet and the attachment child do not require any major consideration. The same is true of the plantsĀ 
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  • "AV" and "Annex for Pension Expenses" are quite easy to fill out. The data on the existing insurance contracts are in the account statements, the forms clearly state which insurance is tax deductible.
  • It gets more interesting with plant "N". This is where things are asked that are directly related to the practice of the profession. The necessary information can be found on the income tax certificate. The tax form refers to the relevant field.
  • On page two of Appendix "N" it continues in the same self-explanatory manner. You may have to calculate the first time when you are asked about additional meals. Anyone who travels a lot for work can claim additional expenses.
  • The second time is calculated when asked about the home office. Anyone who uses a room in the apartment for business can claim it for tax purposes. The cost of rent and ancillary rental costs can be set as a percentage of the proportionate rental costs for the entire apartment. Anyone who owns their own property calculates the proportionate mortgage interest.
  • That Tax office Basically sets an exemption for advertising expenses of 920 euros, only when these are exceeded do the numbers in Appendix "N" apply.
  • Anyone who has invested money hopes for it interest charges and profits. Here, too, the state would like to have its share. On the other hand, expenses that arise with financial investments are "offset" against the income, they are advertising costs.
  • These income and costs are determined in the annexes "KAP" (income from investments in Germany) and "AUS" (income from foreign investments). In the interests of customers, the Banks In the meantime, on the annual account statements and deposit receipts, it is clear in which section in the respective sheet which amount must be recorded - it couldn't be easier for the taxpayer.
  • The receipts and supporting documents should be submitted together with the completed forms.
  • As is known, anyone who has moved on business can claim these costs for tax purposes. What is new is that the costs for a freight forwarding company in the event of a non-professional move (proof by bank receipt) are up to 20% of the invoice amount, up to a maximum of 4,000 euros, can be claimed for tax purposes in the "Service" section.

Forms from the tax office for employees are now even easier

  • Many employees can file a simplified tax return.
  • This can be done using the "Simplified employee tax return" form.
  • The employee only receives wages including pensions, with the exception of wage and compensation benefits.
  • However, the simplified variant assumes that only the advertising costs, special expenses, extraordinary burdens and tax reductions specified in the form are claimed.
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