Post by nurnobisorker13 on Oct 30, 2024 5:07:46 GMT 1
Since 21.05.2021, an updated law has been in force in Russia, according to which citizens have the right to receive personal income tax deductions for the past period in a short time. At the same time, there is no need to submit the 3-NDFL declaration and supporting documents to the tax authorities. The tax authority receives the necessary information from tax agents (banks) authorized to connect to this exchange. So, in this material you will learn what a simplified tax deduction is, who and how can receive it, as well as other important information.
Contents hide
1) Who can receive a simplified tax deduction
1.1) How it was before
1.2) What has changed
2) Grounds for receiving a simplified deduction
3) How does the simplified procedure work?
4) How to get a simplified deduction
4.1) Where to get information about the list of banks connected to the system
4.2) Receiving a deduction by spouses
4.3) In case of payment for housing in cash
5) Conclusion
Who can receive a simplified tax deduction?
The changes concern citizens who wish to apply for a tax deduction (investment or property) and receive a personal income tax refund. However, the procedure for receiving funds differs depending on the type of deduction.
With the help of a property deduction, you can apply for a tax refund in the case of purchasing a home or paying off a mortgage.
The investment deduction is bulk telegram blast divided into several types:
A – issued in case of replenishment of IIS. Thanks to it, you can arrange a refund of up to 52 thousand rubles per year.
B – provides the opportunity not to pay funds collected as taxes on transactions under the IIS.
In the case of type A, we are talking about a simplified version of the tax refund. In case of option B, the certificate is created automatically, after which it is transferred to the tax agent.
information regarding deductions will be transferred to the tax authorities by banks and brokers, which will significantly simplify the process of obtaining a deduction. However, the previous procedure is still preserved, so if necessary, you can resort to its help.
How it was before
There are 2 ways to receive deductions:
By declaration. The opportunity is provided after a year. After submitting documents, the return of the deduction may take up to 4 months. Filling is done independently, while sending via the Internet is allowed. To confirm expenses, you will need scanned documents.
Through the employer. Used in the case of social and property deductions, does not apply to investment deductions. The notification is issued within 1 month, after which the employer stops withholding personal income tax.
The taxpayer had to apply on his own to receive the funds due.
What has changed?
The simplified procedure for processing a deduction does not require the citizen to contact the tax service. The tax service will already know that you have the right to receive funds. You deposit funds into an individual investment account, after which the bank transfers the information to the Federal Tax Service, and then a message is sent to your personal account with an offer to sign an application to receive a deduction.
In this case, the time for checking all the information will take not 3 months, but 1, and the funds will be credited to the account not within 1 month, but within a period of up to 15 days.
The step-by-step process is as follows:
You pay for the apartment by replenishing your IIS or through a bank.
After a year, the bank sends data on expenses to the Federal Tax Service.
The Federal Tax Service is verifying the information received.
If the result is positive, an application will appear in your personal account. The deadlines are as follows: if the bank transfers information before 01.03 of the following year – before 20.03, later – within 20 days after the transfer.
The citizen must sign the application, indicating the details for the return of funds.
It remains to wait 3 days for a decision to be made and another 15 for the funds to be transferred.
Try paying in installments
First payment only after 30 days
Find out the limit
Grounds for obtaining a simplified deduction
The changes are distributed subject to certain rules:
The right to receive funds was obtained from 2020.
An individual has a personal account.
A bank or tax agent has gained access to the data exchange system.
During the period when the right to receive a deduction arose, funds were contributed in the form of personal income tax.
The exchange of information is voluntary, not mandatory. In case of payment for housing through a bank connected to the system, the refund can be made in a shorter period. In the absence of connection, the tax deduction in a simplified manner is not provided.
In addition, there is also the possibility of payment through a participating bank, without consent to transfer information to the Federal Tax Service. That is, such rules cannot be mandatory, you yourself have the right to choose whether to use this method or not.
Since 21.05.2021, banking organizations have the opportunity to connect to the system to exchange information. Thus, obtaining a tax deduction becomes much easier.
How the simplified procedure works
The main changes in obtaining a tax refund in a simplified manner concern the absence of the need to independently fill out and send the 3-NDFL declaration together with supporting documents to the tax service. Confirmation of the right to receive money from the Federal Tax Service occurs through other sources (banks), so the citizen no longer needs to independently submit the declaration.
Verification of the received information takes no more than 1 month, and the funds are received on the current or personal account within 15 days. Desk audit of the 3-NDFL declaration in normal cases requires no more than 3 months, while the funds are received on the account within 30 days. Thus, in the case of a simplified form of receiving NV, the procedure time is significantly reduced.
Contents hide
1) Who can receive a simplified tax deduction
1.1) How it was before
1.2) What has changed
2) Grounds for receiving a simplified deduction
3) How does the simplified procedure work?
4) How to get a simplified deduction
4.1) Where to get information about the list of banks connected to the system
4.2) Receiving a deduction by spouses
4.3) In case of payment for housing in cash
5) Conclusion
Who can receive a simplified tax deduction?
The changes concern citizens who wish to apply for a tax deduction (investment or property) and receive a personal income tax refund. However, the procedure for receiving funds differs depending on the type of deduction.
With the help of a property deduction, you can apply for a tax refund in the case of purchasing a home or paying off a mortgage.
The investment deduction is bulk telegram blast divided into several types:
A – issued in case of replenishment of IIS. Thanks to it, you can arrange a refund of up to 52 thousand rubles per year.
B – provides the opportunity not to pay funds collected as taxes on transactions under the IIS.
In the case of type A, we are talking about a simplified version of the tax refund. In case of option B, the certificate is created automatically, after which it is transferred to the tax agent.
information regarding deductions will be transferred to the tax authorities by banks and brokers, which will significantly simplify the process of obtaining a deduction. However, the previous procedure is still preserved, so if necessary, you can resort to its help.
How it was before
There are 2 ways to receive deductions:
By declaration. The opportunity is provided after a year. After submitting documents, the return of the deduction may take up to 4 months. Filling is done independently, while sending via the Internet is allowed. To confirm expenses, you will need scanned documents.
Through the employer. Used in the case of social and property deductions, does not apply to investment deductions. The notification is issued within 1 month, after which the employer stops withholding personal income tax.
The taxpayer had to apply on his own to receive the funds due.
What has changed?
The simplified procedure for processing a deduction does not require the citizen to contact the tax service. The tax service will already know that you have the right to receive funds. You deposit funds into an individual investment account, after which the bank transfers the information to the Federal Tax Service, and then a message is sent to your personal account with an offer to sign an application to receive a deduction.
In this case, the time for checking all the information will take not 3 months, but 1, and the funds will be credited to the account not within 1 month, but within a period of up to 15 days.
The step-by-step process is as follows:
You pay for the apartment by replenishing your IIS or through a bank.
After a year, the bank sends data on expenses to the Federal Tax Service.
The Federal Tax Service is verifying the information received.
If the result is positive, an application will appear in your personal account. The deadlines are as follows: if the bank transfers information before 01.03 of the following year – before 20.03, later – within 20 days after the transfer.
The citizen must sign the application, indicating the details for the return of funds.
It remains to wait 3 days for a decision to be made and another 15 for the funds to be transferred.
Try paying in installments
First payment only after 30 days
Find out the limit
Grounds for obtaining a simplified deduction
The changes are distributed subject to certain rules:
The right to receive funds was obtained from 2020.
An individual has a personal account.
A bank or tax agent has gained access to the data exchange system.
During the period when the right to receive a deduction arose, funds were contributed in the form of personal income tax.
The exchange of information is voluntary, not mandatory. In case of payment for housing through a bank connected to the system, the refund can be made in a shorter period. In the absence of connection, the tax deduction in a simplified manner is not provided.
In addition, there is also the possibility of payment through a participating bank, without consent to transfer information to the Federal Tax Service. That is, such rules cannot be mandatory, you yourself have the right to choose whether to use this method or not.
Since 21.05.2021, banking organizations have the opportunity to connect to the system to exchange information. Thus, obtaining a tax deduction becomes much easier.
How the simplified procedure works
The main changes in obtaining a tax refund in a simplified manner concern the absence of the need to independently fill out and send the 3-NDFL declaration together with supporting documents to the tax service. Confirmation of the right to receive money from the Federal Tax Service occurs through other sources (banks), so the citizen no longer needs to independently submit the declaration.
Verification of the received information takes no more than 1 month, and the funds are received on the current or personal account within 15 days. Desk audit of the 3-NDFL declaration in normal cases requires no more than 3 months, while the funds are received on the account within 30 days. Thus, in the case of a simplified form of receiving NV, the procedure time is significantly reduced.