The 2022-2023 Income Statement campaign will begin on April 11 after Easter.
The period to present the Personal Income Tax (IRPF) to the Tax Agency will end on June 30. Thus, taxpayers have three months ahead to complete the 100 Income model if their income in the past year exceeded 22,000 euros (or more than 14,000 euros if they had two payers). In each specific case, a withholding will be applied by section depending on the income.
On the other hand, the owners of rental homes and their tenants are also entitled to different types of deductions when presenting the Income statement.
As reported by the Tax Agency, since January 1, 2015, the deduction for rental of the habitual residence has been abolished. However, a transitional regime is established that allows certain tenants to continue benefiting from this deduction if they meet the following requirements:
10.05% of the amounts paid in the tax period for renting your habitual residence may be deducted, provided that your tax base is less than 24,107.20 euros per year.
On the other hand, you can also apply the deduction for renting your habitual residence that the Autonomous Community where the home is located has approved for each financial year.
In the Income Statement, the owner of the rented property is taxed exclusively on the net income. Therefore, he must provide the following expenses for their corresponding deduction:
At the time of making the 2022-2023 Income Statement, you must enter in the corresponding boxes as much income from the rental of the home as the expenses or investments that have been made in the past year in the property.
Below we highlight the steps to follow to complete the information in the draft corresponding to the 2022 personal income tax:
According to the criteria of The Trust Project
