Personal income tax exemption for the purchase of housing. How to save a family budget: all about tax deductions

Or HOW TO RETURN THE MONEY when buying real estate

(Property tax deduction)

initial situation

You have purchased real estate: an apartment, a room, a residential building, a part of a residential building or a share that has a separate cadastral number. You may have to take out a mortgage...

From January 1, 2010, taxpayers have the right to use the property tax deduction provided for in subparagraph 2 of paragraph 1 of Article 220 of the Tax Code of the Russian Federation when buying a residential building (or its share) with a land plot or land plot intended for individual construction. In this case, the deduction is granted only if individual documents confirming the ownership of the land or its share, as well as certificates of ownership of the house. ( the federal law dated December 27, 2009 N 368-FZ). The property deduction also applies to the cost of paying interest on special purpose loans(loans) received and spent on the acquisition of a land plot with a house (or its share).

Changes in legislation are also related to subparagraph 2 of paragraph 1 of Art. 220 of the Tax Code of the Russian Federation: paragraph 19 is included, according to which a property deduction in the full amount can also be applied in relation to interest on bank loans provided for the purpose of on-lending loans used for the construction or purchase of residential buildings, apartments, rooms or shares in them, land plots under individual building and land plots with houses (or their shares).

How much can be returned

According to the Tax Code (Article 220), when buying a home, you are entitled to a refund of the paid income tax - 13%. The maximum amount from which payment is possible, from January 1, 2008. limited to 2 million rubles, that is, you can return a maximum of 260 thousand rubles. (2 million rubles x 13% = 260 thousand rubles)

If the housing was purchased using a mortgage loan, you can additionally return 13% of the entire amount spent on interest payments (meaning the amount of interest on the loan, and not the loan amount itself).

If a housing under construction was purchased

In the case of construction or acquisition of a residential building that has not been completed (if the value of the property does not exceed 2,000,000 rubles), the amount from which the 13% deduction is determined may include the following expenses:

Development costs design and estimate documentation;

Expenses for the purchase of building and finishing materials;

Expenses associated with works or services for construction (completion of a house that has not been completed) and finishing;

The cost of connecting to networks of electricity, water, gas supply and sewerage or the creation of autonomous sources of electricity, water, gas supply and sewerage.

Acceptance for the deduction of expenses for the completion and finishing of the acquired house or the finishing of the acquired apartment, room is possible if the contract on the basis of which such an acquisition was made specifies the acquisition of a residential house, apartment, room (rights to an apartment, room) that were not completed by construction without finishing or share(s) in them.

Until January 1, 2010, the costs of developing design and estimate documentation were taken into account as part of the property deduction only when building or acquiring a residential building (share), and such a right was not provided for finishing the purchased apartments (rooms). Since 2010, taxpayers have been able to apply the deduction not only for expenses on Decoration Materials and payment for the work of builders, but also for the costs of developing design estimates for finishing work in a purchased on the market secondary housing apartment or room (paragraph 15, clause 2, clause 1, article 220 of the Tax Code of the Russian Federation). These changes apply to situations that arose after January 1, 2010.

The right to receive a property deduction when buying a home in a house under construction is confirmed by the act of transferring the apartment.

When acquiring land plots provided for individual housing construction, or shares (shares) in them, a property tax deduction is provided after the taxpayer receives a certificate of ownership of the house.

Conditions under which you can exercise your right

1. The presence of citizenship of the Russian Federation.

2. You can use your right only once in a lifetime (with the exception of taxpayers who used a similar benefit under income tax until 2001, i.e. before the entry into force of Chapter 23 of the Tax Code of the Russian Federation).

3. A citizen must be employed, have official earnings or other income from which tax is deducted to the budget, because. tax payment equal to the amount of income tax withheld from a citizen. A pensioner has the right to receive a property deduction if he has income subject to personal income tax at a rate of 13 percent (pension does not apply to such income).

According to the Letter of the Ministry of Finance of the Russian Federation of December 16, 2009 No. 03-04-05-01 / 1013, a property deduction for the purchase of housing is not provided for tax periods prior to the emergence of the right to this deduction. In other words, if at the time of applying to tax authorities an individual is unemployed, it is possible to claim a property tax deduction only on the condition that from the moment the right to deduction* arises until the moment the person applies for it, the person worked or received other income from which income tax was deducted. The property deduction will be provided in the amount of taxes transferred to the budget for this time period.
From January 1, 2012, pensioners who have purchased housing are entitled, in the absence of income subject to personal income tax at a rate of 13 percent, to transfer the balance of the unused property deduction for expenses for the purchase of housing to previous tax periods, but not more than three.

4. If the apartment is acquired in the ownership of several people, the maximum possible refund amount is divided in proportion to the acquired shares among all homeowners, each owner has the right to receive money within the amount due to him (i.e. 260 thousand rubles for all).
If the apartment is purchased in a common joint property, the amount of the deduction is distributed among the co-owners in accordance with their written application. If such a deduction was redistributed in the ratio of 0 and 100 percent - in favor of one of the owners, it is considered that each of the owners at the same time exercised their right to receive a property tax deduction. Re-granting the right to receive this property tax deduction is not allowed. (Letter of the Ministry of Finance of Russia dated 03.03.2010 N 03-04-05 / 9-82)

5. Compensation of interest and value of real estate is made only in the case of the purchase of residential real estate (i.e. does not apply to commercial real estate).

6. If the purchase of real estate was made using bank credit funds, cash compensation is possible only upon confirmation intended use funds. Until 2005, only interest paid on mortgage loans was taken into account. Now, credits "for the purchase of housing" are also taken into account. Interest on a loan issued for the purpose of "personal consumption" is not included in the property deduction, even if the loan is actually used to purchase an apartment.

7. When mortgage loan part of the interest paid on the loan can be compensated only if they are actually paid, documented after the end of each year.

8. The transaction of purchase and sale of an apartment should not be made between close relatives or at the expense of the employer, federal budget.

9. In accordance with paragraph 22 of paragraphs. 2, clause 1, article 220 of the Tax Code of the Russian Federation, the title documents necessary to confirm the right to a property tax deduction when acquiring an apartment in a house under construction is an act on the transfer of an apartment, and in an existing house - a certificate of state registration ownership.

10. If the apartment is acquired in common shared ownership with minor child(half share for each), then the parent has the right to receive a property deduction for himself and his child. (See Letter No. 20-14/4 of the Federal Tax Service for Moscow dated September 10, 2009/ [email protected]). This right follows from the Decree Constitutional Court Russian Federation dated 13.03.2008 N 5-P. The provisions of Decree No. 5-P apply exclusively to the case of the acquisition of an apartment in common shared ownership by one parent and a minor child (children).

If the apartment is purchased in the common joint property of the spouses, one of whom has already used property deduction when buying another home, then the second spouse is granted a deduction in the amount of half of the property deduction (LETTER of the Ministry of Finance of the Russian Federation dated March 18, 2010 N 03-04-05 / 9-112).

*The right to a property deduction arises from the moment information about the registration of ownership of the property is entered into the Unified State Register rights to real estate and deals with it.

What documents are needed

Copies (originals of all documents to have with you for verification):

1. Tax return on income for the past tax period;

2. Application for a property tax deduction (for a tax refund in full, do not forget to indicate the account number to which the money will be returned);

3. Certificate of ownership of the purchased apartment;

4. Loan agreement(if the apartment was purchased with the involvement of mortgage funds);

5. Contract of sale;

6. Certificate of acceptance of the apartment;

7. Seller's receipt Money for an apartment;

8. Bank's certificate of interest paid on the mortgage loan (receipts of actually paid amounts), loan interest repayment schedule;

9. Certificate 2-NDFL from the place of work.

10. Birth certificate of the child (children) - if one of the owners of the acquired housing is a minor; marriage certificate - when buying real estate with a spouse.

11. Passport of a citizen of the Russian Federation.

Where to go

To receive a property tax deduction, you must contact the Tax Inspectorate at the place of residence. It is better to have time to do this no later than April 30 of the year following the expired tax period (in order to get the spent for the year).

The taxpayer can exercise his right to provide a property tax deduction at any time from the moment such a right arises, the legislation does not provide for a time limit for filing an application.

Terms of consideration

For a full tax refund (if applicable) - at least 3 months ( Tax code, art.78, 79).

For a tax refund in installments (for employees) - after 30 days you can receive a Notification of the right to deduction from the tax office, which should be given to the accounting department at the place of work. The employer provides an individual with a property deduction starting from the month in which the taxpayer submitted the relevant application and a notification from the inspection confirming the right to the deduction, regardless of the date of registration of ownership of the apartment. Personal income tax withheld prior to receipt of these documents is not refundable.

If the property tax deduction is not used in full in the current year, its balance can be transferred to subsequent years until it is fully used (you will have to submit documents to the tax service annually).

Many Russians are concerned about the question of how to reduce costs and save family budget. Current laws allow citizens to reduce their tax bills by taking advantage of the right to a deduction.

Types of tax deductions

Get tax refund possible in different situations:

• when selling a home;
• implementation of transport;
• purchase of residential property;
• spending on treatment
• tuition costs.

The refundable amount is determined at the rate of 13% of the amount of the deduction. You are only entitled to a refund if:

• if you have Russian citizenship;
• officially employed or;
• pay personal income tax on a permanent basis (on your own or through an employer).

The table shows short information about tax deductions:

We refund tax when buying an apartment

By purchasing residential real estate, You have the right to receive a refund in the amount of previously paid income tax. Or by non-payment of tax, if the deduction is realized through the employer. There are two options for receiving tax compensation:

1. When buying an apartment without a loan / credit, it is possible to make a deduction of up to 2 million rubles. (this is maximum value estimated tax base). That is, you can receive a refund directly in cash up to 260 thousand rubles. The calculation is simple: the purchase price is multiplied by 13%, the result will be the amount of the deduction (but should not be more than 260 thousand). If the apartment (other residential property) is less than 2 million, then you can buy another property and continue to choose the rest.
2. If a own funds is not enough to buy real estate and you have issued a mortgage loan, then there is a mortgage deduction for this. It is worth no more than 3 million (maximum 390 thousand to be returned). Compensation can be obtained from the interest paid on the mortgage. For those who managed to buy an apartment on a mortgage before 01/01/2014, it is possible to receive a refund for the entire amount of the paid% in full.

A refund can be received by any person who is officially employed, transferring personal income tax at a rate of 13% through the employer (see everything in detail about that). If a citizen is not employed, but pays income tax (for example, 13% of renting an apartment), then the tax can also be returned.

The amount of the refund for the year cannot exceed the amount of personal income tax paid for that year. If you were unable to return the entire amount for the year (due to a lack of transferred personal income tax), then the amount of assistance can be carried over to subsequent years. Until the full amount is paid.

If you bought an apartment before 01/01/2014 and its cost is less than 2 million, then when buying another home, the benefit on the balance of the amount is not provided. If the transaction is after the specified date, and the cost of housing, for example, is 1.745 thousand, then you can apply for a benefit for this amount. And if other real estate is bought in the future, the right to deduct the balance of the amount remains (2 million - 1.745 thousand = 255 thousand). Thus, you can get 255,000 X 13% = 33,150 rubles.

You can apply for compensation directly through the fiscal service or at the place of work. In the first case, you need to submit a number of documents, including:

• declaration 3-NDFL;
• certificate of taxes paid 2-NDFL;
• contract for the sale of housing + certificate of ownership (extract from the state register);
• statement, etc.

If you decide to apply for a return to the place of service, then instead of a declaration you will need a notification of the right to a benefit (you need to receive it every year at the Federal Tax Service, providing all the documents). Housing documents must also be submitted to the employer.

When making compensation through the fiscal service, the entire amount is credited to your bank account. If you apply for compensation at your place of work, the benefit will be provided monthly by non-withholding tax, which will be 13% of the salary.

How to compensate for personal income tax when selling a home

Every citizen who sold an apartment (and other real estate) is obliged to pay tax on income received - personal income tax 13%. The cost of housing is often high and the amount of tax will be tangible for the family budget.

Under certain conditions, there is a right not to pay tax. Or downsize tax liabilities due to a tax benefit (see how to pay and how much it will be).

To begin with, consider situations where you can not pay tax at all:

• the apartment was officially your property for more than 3 years (if it is a gift from a relative or inherited). In other cases, in order to be exempt from paying tax, you need to be the owner of real estate for more than 5 years;
• You sold the apartment for less than you bought it. There is documentary confirmation of this (contracts, acts of acceptance and transfer, receipts, Bank statements). But in this case, there is an important caveat: the sale price should not be less than 70% of cadastral value real estate (information can be found on the Rosreestr website or in the cadastral passport).

If there are no grounds for exemption, the tax is calculated from the agreed price (under the contract of sale) and from the cadastral value (according to cadastral passport). 1 million rubles are subtracted from this amount. (Actually, this is the sale deduction). The result obtained is subject to 13%. He is the reduced amount of personal income tax.

You can also subtract the purchase price of the property from the selling price. That is, the cost at which you once bought this housing. But you should know if the calculated result is zero, then there will be no return from the budget. You just don't have to pay taxes.

In order to receive compensation, you need to contact the tax office with a declaration and supporting documents (contract, payment receipts, receipts, etc.).

Even if you do not have to pay tax, you must declare income in set time(per this year before April 30 next year).

Save on taxes when selling a car

All motorists should remember: when selling a car, it is necessary to transfer 13% of the tax from this sale to the budget. True, in some situations the law exempts from such obligations. Having implemented the TS, you have the right not to transfer funds to the budget if:

• have owned a car for more than 36 months;
• they sold it cheaper than they bought it, about which there is confirmation;
• sold vehicles cheaper than 250 thousand rubles.

In all other situations, a budget contribution must be made. But the law makes it possible to take advantage of the deduction and reduce the amount of tax liabilities. There are several schemes for this:

• decrease tax base for the purchase price of the vehicle. If you sold the car for 675.300 and bought it for 602.800, then the tax will be calculated from the difference of 75.500 (675.300 - 602.800). In order to exercise the right to compensation, you need to have documents on the fact and amount of both transactions (purchases and sales);
• those who have not retained the agreement on the acquisition of the vehicle and cannot document its cost can apply with a letter to the Federal Tax Service. The fiscal service has complete information on the amounts of transactions with the vehicle, the data comes from the traffic police. You can request a copy of the document directly from the traffic police;
• reduces the tax base amount of personal income tax, which is paid when they receive a transport as a gift. But since these expenses are usually less than 250 thousand, the taxpayer enjoys the right to a deduction in general order(250 thousand)

The duty of every citizen is to declare income, indicate expenses and pay tax until April 30 of the next year. To do this, you must submit a 3-NDFL declaration to the IFTS, attaching all Required documents(contract, receipts, acts, receipts). If you do not pay tax, this does not mean that you do not need to declare the income received (for example, when selling a vehicle for less than 250 thousand). No need to visit the IFTS with documents only for those motorists who sold the car with a period of ownership more than 3 years.

How to get deductions for children

For officially working parents, a tax benefit is provided. Thanks to which you can slightly reduce the income tax paid.

To do this, you need to submit an application and supporting documents (birth / adoption certificate, training agreement, form No. 25 for single mothers and other papers if necessary) to the accounting department (HR department). Papers must be transferred immediately upon admission to work or at the birth of a baby. After checking and accepting the documents, you will receive a refund on a monthly basis: the amount of tax paid will decrease in proportion to the benefit provided (see).

The benefit is provided to absolutely everyone who has children: natural parents, guardians, adoptive parents. The main thing is to meet two main criteria:

• have the citizenship of the Russian Federation;
• be officially employed and pay personal income tax.

The amount of the benefit depends on how many children are in the family, whether the parents are raising a disabled child, or whether it is done by trustees. The term for granting the deduction depends on how old the child is and whether he is studying full-time:

• You can receive a 1.400 benefit (save 1.400 * 13% = 182) for the first and second child;
• If you have the large family, then for the third baby (and subsequent children) you will receive a benefit of 3 thousand (saving 3 thousand * 13% = 390);
• For parents / adoptive parents of a disabled child, compensation of 12 thousand * 13% = 1.560 is provided, for trustees - half as much (780).

It is acceptable to receive benefits on a monthly basis until the child is 18 years old. If the child is a full-time student at a university (technical school, is a resident, graduate student, cadet), then the period for receiving a refund is extended to 24 years.

Both parents are eligible. Single mothers are eligible for double size. One of the parents has the same opportunity, if the second renounced his right or declared the need for the spouse to receive a double refund.

We reduce the cost of treatment

Expenses for medicines and medical services in most cases are unplanned. Therefore, the opportunity to reduce the cost of treatment comes in handy. By paying for the services of a medical institution or purchasing medications, you have the right to tax break. For this you need:

• officially work and be an income tax payer;
• have documentary evidence of expenses (contracts, receipts, checks, etc.).

The law establishes a limitation of benefits - 120 thousand. That is, you can return no more than 15,600 per year. An exception is granted only for persons who have a need for expensive treatment (operations for congenital defects, transplantation, implantation of prostheses, etc.). Then perk maximum amount is not limited and amounts to 13% of the cost of services (drugs, individual cases- medical equipment).

The right to compensation is not only for your own treatment. There will be a refund if you paid for the treatment of parents, children, husband / wife.

For compensation, you will need a basic package of documents (declaration, application, form 2-NDFL) and supporting papers (contract with a medical institution, checks, receipts), if necessary additional documents(evidence of kinship, etc.).

The refund is processed through the fiscal service in the general order: we submit a declaration, we refund the tax for the last year.

Partial reimbursement of tuition fees

Contract training is an expensive service. Therefore, you need to use every opportunity to at least somewhat reduce these expenses. This opportunity is provided to citizens of the Russian Federation who have official employment (or income subject to 13% personal income tax). The law provides for the right to a benefit for a wide range of educational institutions and the services they provide. Thus, you can issue partial return not only when paying for tuition at a university or technical school. You can receive compensation for training:

• on auto courses;
• at the school of foreign languages;
• within the framework of seminars and trainings on reprofiling and advanced training.

Important requirements:

firstly, educational institution must be licensed to provide services;

secondly, you must have a complete package of supporting documents (agreement, license, receipts, etc.).

During the year, you can receive compensation of no more than 15.600 (deduction of 120 thousand). If in the same year you received a refund for treatment, then the refund is summed up. But the total limit remains up to 15.600), see .

Compensation can also be issued when you pay for the education of a child and even a brother / sister. In order to receive a refund, in addition to the certificate of kinship, you must add receipts stating that you are a payer for tuition services. The amount of compensation is 6,500 per child.

The registration of the deduction is carried out by the Federal Tax Service at the place of your registration. The fiscal service specialist needs to provide standard papers (declaration, 2-NDFL certificate), proof of payment (agreement, receipts, license) and kinship documents (certificates if we pay for relatives).

1. The presence of citizenship of the Russian Federation.

2. You can use your right only once in a lifetime (with the exception of taxpayers who have used a similar income tax relief until 2001, i.e. before the entry into force of Chapter 23 of the Tax Code of the Russian Federation).

3. A citizen must be employed, have official earnings or other income from which tax is deducted to the budget, because. the tax payment is equal to the amount of income tax withheld from the citizen. A pensioner has the right to receive a property deduction if he has income subject to personal income tax at a rate of 13 percent (pension does not apply to such income).

According to the Letter of the Ministry of Finance of the Russian Federation of December 16, 2009 No. 03-04-05-01 / 1013, property deduction for the purchase of a home not granted for tax periods preceding the emergence of the right to this deduction. In other words, if at the time of applying to the tax authorities an individual is unemployed, apply for property tax deduction is possible only on the condition that from the moment the right to deduction* arises until the moment the person applies for it, the person worked or received other income from which income tax was deducted. property deduction will be provided in the amount of taxes transferred to the budget for this time period.
From January 1, 2012, pensioners who have purchased housing are entitled, in the absence of income subject to personal income tax at a rate of 13 percent, to transfer the balance of the unused property deduction for expenses for the purchase of housing to previous tax periods, but not more than three.

From January 1, 2014, even working pensioners have the right to transfer the balance of the personal income tax deduction to previous tax periods.

4. If the apartment is acquired in the ownership of several people, the maximum possible amount of return is divided in proportion to the acquired shares among all homeowners, each owner has the right to receive money within the amount due to him, i.e. 260 thousand rubles for all (but from January 1, 2014, you can claim a property deduction for the cost of purchasing housing for several real estate objects - until the amount provided for by the tax deduction is completely exhausted). If the apartment is acquired in common joint ownership, the amount of the deduction is distributed among the co-owners in accordance with their written application.

5. Compensation of interest and value of real estate is made only in the case of the purchase of residential real estate (ie does not apply to commercial real estate).

6. If the purchase of real estate is made using bank credit funds, monetary compensation is possible only upon confirmation of the intended use of funds. Until 2005, only interest paid on mortgage loans was taken into account. Now, credits "for the purchase of housing" are also taken into account. Interest on a loan issued for the purpose of "personal consumption" is not included in the property deduction, even if the loan is actually used to purchase an apartment.

7. With a mortgage loan, it is possible to compensate for a part of the interest paid on the loan only if they are actually paid, documented after the end of each year.

8. A transaction for the purchase and sale of an apartment should not be made between close relatives or at the expense of the employer, the federal budget (a citizen has the right to apply a property tax deduction to the amount of expenses for the purchase of an apartment, reduced by the amount of funds received from the federal budget).

9. In accordance with paragraph 22 of paragraphs. 2, clause 1, article 220 of the Tax Code of the Russian Federation, the title documents necessary to confirm the right to a property tax deduction when acquiring an apartment in a house under construction is an act on the transfer of an apartment, and in an existing house - a certificate of state registration of ownership.

10. Since January 1, 2014, the right to a property tax deduction for parents who purchase housing in the ownership of minor children has been enshrined: tax deductions now apply to children under 18 years of age, in whose ownership parents or guardians acquire housing or land.

With regard to purchase and sale transactions involving minors, for which the right of ownership arose before January 1, 2014, there are various explanatory Letters of the Ministry of Finance:

If the apartment is acquired in common shared ownership with a minor child (half of each share), then the parent has the right to receive a property deduction for himself and his child. (See Letter No. 20-14/4 of the Federal Tax Service for Moscow dated September 10, 2009/ [email protected]). This right follows from the Resolution of the Constitutional Court of the Russian Federation of March 13, 2008 N 5-P. The provisions of Decree No. 5-P apply exclusively to the case of the acquisition of an apartment in common shared ownership by one parent and a minor child (children).

If the apartment is purchased in the common joint property of spouses, one of whom has already taken advantage of the property deduction when buying another home, then the second spouse is given a deduction in the amount of half of the property deduction (LETTER from the Ministry of Finance of the Russian Federation dated March 18, 2010 N 03-04-05 / 9- 112).

*Right to property deduction arises from the moment of entering information about the registration of ownership of the property in the Unified State Register of Rights to Real Estate and transactions with it.

A mortgage loan for Russians is often the only way to solve housing issue. In this way, it is not cheap. Therefore, any opportunity to reduce costs when buying an apartment in a mortgage will be very helpful. The application of the property tax deduction allows you to save 13% of the cost of housing plus 13% of the amount of interest paid on the loan. How to do it? Let's start in order.

What where When?

1. What? A property tax deduction can be obtained when buying an apartment, a room, a house, a land plot for individual housing construction or a share in any of these objects.
2. Where? Now there are two ways to receive a property deduction: at the place of work (in this case, you simply will not be able to deduct 13% income tax from your salary) or after the end of the year in tax office(in this case, you will be refunded the tax paid for the year). In both the first and second options, you will still have to start with the tax office at the place of registration. It is here that you must provide all the necessary documents and, if you want the deduction to be provided to you at the place of work, indicate this in the application.
3. When? The right to a tax deduction when buying finished housing arises from the moment of receiving a certificate of registration of property, and when participating in shared construction - from the moment of signing the act of acceptance and transfer of the apartment. First of all, the main property deduction is applied, and only after paying 13% of the cost of the purchased housing, it is possible to receive a deduction for mortgage interest. Receipt of the property interest deduction is tied to the actual payments on the loan and is provided in installments as the loan is repaid.
4. How? Currently, the main property tax deduction is provided in the amount of actually incurred expenses for the purchase of housing, but not more than 2 million rubles. Accordingly, the maximum possible tax refund amount will be 260 thousand rubles (13% of 2 million). The maximum deduction for mortgage interest from 2014 is limited to 3 million rubles, i.e. you can get 390 thousand rubles. If the mortgage was issued before January 1, 2014, there are no restrictions on the interest deduction. If the cost of the purchased housing is less than 2 million rubles, then you can use the "balance" of the deduction when buying the next home. But this applies only to objects purchased after January 1, 2014. But if the amount of interest on the mortgage is less than 3 million rubles, the “remainder” burns out and cannot be transferred to another loan. Both that, and other maximum operate counting on one person. Those. if the residential premises are acquired in joint or shared ownership, each of the parties to the agreement can use the deduction within these amounts. In this way, overall size benefits for a family of two can be 2*260 + 2*390 = 1.3 million rubles.

What else you need to know

There are plenty of subtleties and pitfalls in obtaining a property tax deduction. Let's name the most important of them:

• Until 2014, it was possible to exercise the right to a property tax deduction only once in a lifetime. However, this does not apply to those who received a similar income tax relief before 2001. Such lucky ones can again receive a tax deduction on the next purchase of real estate.
• There is no statute of limitations for receiving a deduction. If you purchased a home after 2001 and did not use the property deduction, the flag is in your hands - feel free to apply for a tax refund. True, in this case, the maximum amount of the deduction will be calculated according to the year of purchase of the property.
• Starting in 2014, the basic home value deduction and the mortgage interest deduction may be available for different properties. Those. if you used the basic tax deduction for real estate purchased without a loan, then you still have the right to use the property deduction for mortgage interest on a subsequent purchase.
• The deduction is not provided if the real estate purchase and sale transaction is carried out between interdependent persons (spouses, parents, children, brothers and sisters).

In fact, there are much more details and nuances when using a property tax deduction. Issues of joint and fractional ownership, return of personal income tax pensioners, the opportunity to take advantage of the property deduction for real estate acquired before 2001, etc. In order to understand in detail in each case, especially if the case is not easy, it makes sense to turn to specialists. Let our professionals help you make the most of your property tax credit. On the Taxia website, you can fill out and send an application directly to the Federal Tax Service and declaration 3-NDFL online. In addition, at your service mortgage calculator, which allows you to easily calculate the amount of interest payments on the loan and the amount of the tax refund, broken down by years. At the same time, for any questions that arise, you can get qualified advice.