2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
A very interesting issue is the deduction of taxes when buying a car. This topic is of interest to many citizens. With real estate, everything is already clear - you can get back up to 260,000 rubles at a cost of up to 2 million. But with cars, everything is much more complicated. And so many citizens are looking for an answer to their question about tax deductions when buying a vehicle. Does he really exist? And what is needed to get it in one case or another?
Fairy tales
How to get a tax deduction when buying a car? To be honest, no way. Such a refund is not provided for in the legislation. That is, you can get a property deduction, but not when it comes to a vehicle.
So there is simply no point in thinking about a refund when buying a car. It's a waste of time. It is not allowed for anyone - neither pensioners, nor the needy, nor ordinary citizens. However, there is a tax deduction for buying a different type of car. More precisely, it helps to reduce the tax base whensale of real estate. There is such a return. It relies directly on the seller. What is this about? And what do you need to get it?
For sellers
Is there a tax deduction for buying a car in certain cases? Only partially. The thing is that you can get a refund from the seller. More precisely, to reduce the tax base for paying tax in the future. And nothing more.
As we have already found out, buyers do not have any rights to this deduction. Thus, you should not think about a refund when buying a vehicle. But if you acted as a seller, then you will have to worry in advance about obtaining this "benefits" in order to ease your tax obligations to the state. This is not as difficult as it might seem at first glance.
Timing
Tax deduction when buying a car (or rather, when selling it) is due to all sellers. This is especially true for those whose transport costs more than 250,000 rubles, and also has been owned for no more than three years. It is this category of taxpayers that must pay tax after the transaction. And it can be reduced with simple steps.
How long does it take for taxes to be deducted when someone buys a car from you? This issue will have to be resolved before the end of the tax reporting period. At the moment it is set to April 30 of each year. In this case, the report is required for the previous 12 months. That is, in 2014 you file reports for2013, in 2015 - for 2014 and so on.
But the terms of consideration of the request usually vary, but do not exceed two months. On average, you can count on 1-1.5 months of waiting for a response from the tax authorities. In general, it takes about 3-4 months to deduct taxes when someone buys a car from you. But how do you get it?
Personality
A tax deduction when someone buys a car from you is carried out only if they have an identity card. That is, you need a passport. Or rather, a copy of it. Without this document, no one will talk to you in the tax authorities. As practice shows, other identification cards are not accepted.
It is not necessary to certify copies of all pages of the passport. Once you have these papers, you can start collecting other documents. There are not so many of them, but the list of everything you need is not known to everyone. The absence of at least one document will result in a refusal to deduct.
Statement and report
Refunds by the tax authorities, as well as a reduction in the tax base when calculating the tax, are possible only at the request of a citizen. Otherwise, you simply do not declare your rights and desires to the state. No one is going to impose deductions. Everyone should think about this for themselves.
The statement is written almost in free form. There is a certain sample - in it you indicate the reason for applying for a deduction, as well as information about the transaction. You can enter customer information. Be sure to write about your income and expenses when buyingvehicle.
You will also need tax reporting. It is called a declaration, form 3-NDFL. It is filled in by you yourself with the help of special programs. There will be nothing difficult or special in the process - you need to enter data about the funds you received, as well as information about you, the buyer and the car. All this is not so difficult - enter the data in the appropriate fields on the screen.
Among other things, you will be required to provide a 2-personal income tax certificate. It is also called income statement. If you work for yourself, it is filled in personally, otherwise it is taken from the employer's accounting department. Only the originals of the listed documents are required. No copies will be accepted, even if certified.
About the deal
What else do you need? Now you have to present all the documents that relate directly to the transaction. This is the only way to get a tax deduction when a citizen buys a car from you.
Firstly, you will have to attach a certified or original copy of the sales contract. And you must be listed as a seller. Without this, it will not work to apply - it is simply not subject to consideration.
Second, proof of your income and expenses. These are required documents. Any checks and receipts that could only relate to the transaction will do. For example, those that confirm the fact of your purchase of transport. And of course, proof of its sale.
Third, the certificate of en titlementproperty and TCP will also have to be attached to all other documents. It is advisable to have certified copies of them. Then and only then can one think about reducing the tax base when paying the debt to the state.
To be honest, many citizens do not think about how to get a tax deduction when buying a car. More often than not, it's just more logical to wait 3 years and not pay property sales tax at all. It is this option that is common in Russia. This is quite normal. In general, everyone should decide on the deduction independently. Just a short wait can save you most of your problems. The choice is yours. Just remember that the buyer is not en titled to tax deductions in connection with the purchase of the car.
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