Some Russians do not know what a tax deduction when buying an apartment.Lack of awareness, this is fraught with the fact that citizens are not even aware of their empowerment to return a decent amount of money spent on the acquisition.If you are planning a serious deal, make sure you ask how to get a tax deduction when buying an apartment.The subtleties and nuances of this process is discussed later in the article.
In some cases, you can get a property deduction
Every law-abiding resident of the Russian Federation is obliged to pay tax on personal income tax (PIT).With wages he does hold automatically.However, there are situations in which a part of the funds previously paid state can give tax-deductible.On this amount decreases a person's income subject to tax.
Allowed refund of the tax deduction for buying an apartment or a mortgage or for personal money, the acquisition of the object in the still unfinished building.In addition, in the amount of allowable costs include the purchase
Who can get a tax deduction
by law to return the tax on the purchase of apartments can:
- residents of the Russian Federation, which for six months did not leave the country and go to work.
- formal employment payers of personal income tax.
- Working pensioners or those who retired less than three years ago.
- minor children, who are also full or partial owners.Money will have his parents.When the child grows up, he will be entitled to issue another return personally for themselves.
Size deduction in 2016
In fact, to date, the latest developments in this area have been made in 2014.According to them, the maximum deduction is 2 million. Rubles.Maximum savings in this case is 2000000 × 13% = 260,000 p.The payment can not be more than the amount that people actually paid to the budget.If it is listed less than 260 thousand. Rubles, will receive a full refund.
Since 2014 the deduction can be applied to several real estate purchases, until it reaches the ultimate limit of two million.That is, the person has the right to purchase multiple items cheaper, for example, an apartment for half a million rubles, and giving half a million, and, between the transactions may take a certain period of time.If the project cost exceeds two million, more than 260 thousand citizens do not receive.From 2015, each owner of property has the right to take your limit on the sum of all is not divisible.
Examples of how to calculate the tax deduction:
- For credit facility.Property deduction when buying an apartment in the mortgage contains two components.The first - the purchase amount (.. P 2 million maximum), the second - the amount of interest accrued on the loan (limit - 3 million rubles..).The scheme of calculation of payments is as follows: 2000000 x 13% = 260,000 p.(The cost of housing), 3,000,000 x 13% = 390,000 p.(By percent).260000 + 390000 = 650000 p.The deduction for mortgage interest is only a single object.The following will have to pay ordinary way.
- If living space is acquired in co-ownership, such as a husband and his wife, that everyone has the right to two million rubles deduction.Just add up the case with a lot of peer owners.
- When buying a home equity is calculated in proportion to each member.For example, the apartment is estimated at 4 million. Rubles.wife share is 70%, the husband - 30%.The calculation will be made for each equity holders: 260,000 x 70% = 182,000 p.(For the wife) and 260,000 x 30% = 78,000 p.(For the spouse).
methods and procedures for obtaining
Provision made in such ways:
- the entire amount at once Inspectorate of the Federal Tax Service (the IRS).It should apply to the beginning of the next tax period, with the declaration of the previous.The money that is deducted from a person in the last year, he returned.
- There is another option of how to get a tax deduction for buying a new apartment - on the employer.He will cease to withhold tax in the remaining months of the year.Once the documents to a tax deduction for the purchase of an apartment will be accepted and considered by, the person will be more salary by 13%.
A tax office
in the procedure for obtaining the IRS:
- first person receives the right of ownership.
- Then it is necessary to collect a list of papers and send them to the IRS.Make it allowed both in person and by mail.
- The matter will be reviewed three months, and then the applicant will be sent a notice of the positive or negative decision.
- If the IRS gives good citizen makes a statement, it writes his account number, and 30 days after the money is coming back.
procedure for obtaining the workplace:
- Go to the IRS, to request to notify your employer that you have to return the money.
- Prepare documents.
- Grant received the notification and other papers to the employer.
- Write a statement and next month with your salary will cease to withdraw the income tax.
List of required documents
To start the process of registration, contact the IRS with the following papers:
- Declaration 3-PIT;
- passport or other identification document and copies;
- income statement 2-PIT;
- statement on the transfer of money from the bank details;
- certificate of state registration of property rights;
- receipt of payment for the property;
- purchase contract or equity;
- act of reception and transmission object.
additional list of documents for tax deduction for an apartment on the mortgage:
- agreement with the banking organization;
- information on annual percentage.
If a couple takes an apartment together, it is necessary to submit the following documents:
- statement on share distribution;
- document confirming the status of married couples.
to collect money for the minor child, you need to apply to such documents:
- child's birth certificate;
- statement on share distribution, which shows both the mother and father.
term return on the tax deduction
It depends on the way of getting:
- Through the IRS.Application processing time is 90 days.Then, a citizen within 10 days of sending the notification of the decision.After receiving it, he is sent to the IRS a statement of the amount of transfer to his bank account.Money for all of last reporting period (a maximum of 12 months of last year) will go to the bank within 30 days in one lump sum.
- through an employer.Documents considered during the month and the work of the IRS send a notice of tax refund.Next salary after receipt of the notification will be transferred without deduction of tax.This will continue until the end of the year.This method is convenient to choose those who bought a house in late fall or winter.So it is relatively quickly get a large sum of money.
, even if you bought a living space much earlier to return no concept of the limitation period, but the money will be transferred only for three years.However, you can take 13% of the cost of only one apartment, if a long time owner.If the shelter you got after the 2014, your limit, you can return again, until they run out completely.Not the fact that this is one apartment.You will probably want to buy a few cheap objects over time.
Video: how to make a tax refund for the purchase of apartments
To summarize all the above information and to draw general conclusions for yourself, see the following video.It briefly and clearly explains how to get a tax deduction for buying a new apartment.After watching the video clip below, you'll be aware of what the right to vest, buying a house, where you should apply and under what conditions you will be given the money.Do not neglect your opportunity to get the money that you rely on the law.