How to get a tax refund on a purchase? Legal advice

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

All citizens have the opportunity to get a tax refund (for example, from a purchase). But not everyone knows exactly how to do it. After all, there are a lot of options for the development of events. Moreover, in some cases, someone does not even know about the possibility of issuing a so-called tax deduction. If there is such an operation in Russia, why not take advantage of it? But how to do that? What can be refunded for income tax? How to arrange this process? What might be useful for this? About all this further. You should not be afraid - the solution of the issue is not so difficult as it might seem at first glance. Rather, you will figure this matter out very quickly.

When and why

So, for starters, let's try to understand who and when can return income tax. This question is extremely easy to understand. What can be refunded for income tax? The list of possible options is not that small, to be honest.

For example, the most common option is a property deduction. It is obtained when you make real estate transactions, for example. Some of the funds spent will be refunded upon request.

You can also ask for a tuition deduction. Both for myself and foryour adult children who have not reached the age of 24, provided that the agreement with the university is in your name.

Income tax refunds for purchases also take place. Although this is not such a common option. It is often equated with a property deduction. In practice, small purchases rarely receive returns.

You have the right to return the tax for the provision of medical services. This also includes the deduction for medications. There is nothing supernatural in this. Also quite common in Russia.

There is a return of overpayments and reimbursement of the mortgage. The second option is more common in practice than the first. However, keep in mind that such measures also take place. But how to return the tax in this or that case? What does it take?

Passport

For example, to collect a complete list of documents for registration of a tax deduction. To be honest, there are several categories of securities - general and individual. The first are presented regardless of your situation, the second - according to the circumstances. Let's start with common documents.

First on the list of all the essentials is the passport of a citizen of the Russian Federation. Without it, no one will accept your income tax refund request. You will have to make a copy of this document and attach it to the rest of the package when contacting the tax authorities.

In principle, if you wish, you can try to provide some other identification. You can get a tax refund without a passport. Only few people agree topractice to carry out a refund using a different identity card. It's not worth the risk - just attach a copy of your passport and save yourself the trouble.

Declaration

How to return the tax to an individual? Here you have to present another rather important document. Moreover, it is necessary both for reporting to the tax authorities on their income and expenses, and for returning funds. This is the so-called tax return.

It is also called the 3-personal income tax form. Without it, you will not be able to return the tax on the purchase, as well as for any other transaction. It is filled in by the taxpayer independently, served only in the form of the original. No copies will be accepted from you. Do you want to make a declaration? Then fill in two copies of it. It's just a waste of time.

It is best to fill out 3-personal income tax using computer programs. There, all the points that are important to you are signed. And if there are errors, the programs will point to them, attaching detailed comments with explanations. After that, you create a report and print it out. Now you can collect all the necessary documents further.

Statement

Let's move on. Every citizen can return the tax from the salary or for any of the above reasons. Only without fail, when applying to the tax authorities, he must submit an application of the established form. Remember that a refund will be made only if this paper is available. Why? Such rules are established in the Russian Federation.

So the taxthe deduction is granted only at the request of the taxpayer. It is expressed in the form of a written statement. In it, you must specify the details by which the money will be transferred to your account. Otherwise, you will have to report bank details later. Or your request will be denied altogether.

Citizens have no problems with writing an application. Be sure to also indicate why you are applying for the deduction. For example, you need to reimburse tuition fees. This must be indicated on the application. Otherwise, it will not be considered at all.

About income

Is it possible to return the tax in this or that case? As you can see, yes. There are many situations in which a deduction is possible. But you will not be able to issue it without another very important paper. Undoubtedly, in this matter in general, all documents are important. Only the generally accepted, permanent list still comes first.

So then you have to somehow report on your income. Help 2-NDFL will help with this. If you work for yourself, you will have to fill it out yourself in the same program as the 3-personal income tax declaration.

But more often than not, citizens work for someone else. So, you have the right to get a certificate from your employer. 2-NDFL is submitted only in the original. It is made quickly, it is enough to contact the accounting department of your company to get it. Approximately the next day you will have the necessary certificate. That's all it takes to get your tax back in general. ButNow it is worth considering the reason for issuing a return. Depending on it, as already mentioned, you will have to report certain documents to the above list. It's not that hard.

Training

Can tuition tax be refunded? Yes, this option is possible. However, you must be a full-time student. The same goes for your adult children. Plus, as already mentioned, an agreement with the university is mandatory drawn up for you.

What documents do I need to submit to receive a tuition deduction? First, a university license. A certified copy is required. Secondly, accreditation of your speci alty. You will also need to take a special student certificate. All of the above documents are ordered from the dean's office and then collected from the accounting department.

Don't forget to attach payment slips in your name as well. It is also a mandatory moment, which in no case should be missed. At the end, you will be required to enter into an agreement with the university. It is also applied to all other papers.

Medicine

How to get a tax refund on teeth, or on any other medical service? There are several options here. After all, a lot depends on what part of medicine we are talking about. It has already been said - you can return money for services, or you can return money for medicines.

In any case, you must (under the first option) bring to the tax authorities the license of your medical organization, as well as an agreement to provide you with this or that assistance. It is also mandatoryAll checks and payments indicating your expenses are attached. Now it is clear how to return the tax for teeth or any other medical care. It's not that hard to do.

If we are talking about medicines, it is enough to attach a prescription, doctor's recommendations (only necessary in extreme cases, but it is better to play it safe), as well as checks and receipts for payment. Nothing difficult, right?

Property

Most often, they try to return income tax for real estate transactions. Usually it is about buying and selling. For example, apartments or houses. This is where things can't be done right away. After all, under such circumstances, you must first become the owner of the premises.

You can return the tax on the apartment (or on the house / land). To do this, you will need to report to all mandatory documents your contract of sale, as well as a certificate of ownership (it is possible to provide a copy), checks and receipts for payment. In addition, if you are participating in shared construction, you need an appropriate agreement. There are usually no problems with this issue.

Mortgage

Another option is when you can get your mortgage tax back. In Russia, a similar alignment occurs more and more often. In order to implement the idea, you will have to attach some more papers to the documents for real estate.

We are talking about a mortgage agreement, as well as interest payments. Without them, no one will consider your request for a tax deduction. It is enough to attach copies of these documents,no one will demand originals.

Overpayment

You can also get back the overpaid tax. Here the list of documents is limited. And no special papers will be asked from you. It is enough to attach to all obligatory documents a receipt confirming the payment of this or that tax. And that's it.

Your application will be reviewed without fail within a month, maximum two. After that, you will receive a response from the tax authorities. If you are denied, be sure to indicate the reason. Welcome to the deduction given? Then wait. In about a month, the funds will be transferred to the specified bank account. That's all. Now it’s clear how you can return the tax on the purchase and not only.