Property tax credit for an apartment. Apartment in mortgage: tax deduction

When buying a house, a tax deduction for the apartment is required. It consists of several parts, but is invariably present and constitutes a considerable amount. To properly work with this aspect, you need to study its features.

What does the tax deduction consist of?

There are three components, of which there is a tax deduction for an apartment:

1. For a new construction or purchase of a finished construction object of the Russian Federation or a certain share, a land plot.
2. On the return of interest on borrowed loans that were taken in organizations operating in Russia, or from private entrepreneurs.
3. To reduce interest on loans that are taken in banks, when the amount is engaged in the construction or purchase of a finished stake in housing.

Amount of tax deduction

A tax deduction for an apartment in the maximum amount can be obtained by purchasing an apartment worth 2,000,000 rubles. If the total purchase amount is larger, the tax deduction is still calculated from 2,000,000 rubles. The largest amount of deduction can be applied to both the acquired property object and their group.

When a loan is taken to purchase your own housing, the tax deduction for an apartment is calculated from a maximum amount of 3,000,000 rubles. This amount is spent not to cover the costs associated with the purchase of an apartment, but to pay the loan taken. Restrictions on tax deductions apply to loans that were taken after January 1, 2014.

If a person who is a taxpayer has not received all the payments in full, then the rest of the money he has the opportunity to receive on the occurrence of each next tax period.

Charges for calculating tax deductions

When new construction is carried out or property is acquired in a finished house, such expenses are determined:

1. Design documents for which projects are implemented and estimates are calculated.
2. Acquisition of various materials for the construction of buildings and additional structures.
3. Acquisition of a dwelling, taking into account the cases when unfinished housing is bought.
4. Implementation of construction and finishing of structural elements.
5. Organization of a complete line of communications, including the supply of light, water and gas.

Calculation of the tax deduction for the purchase of an apartment

The amount of the tax deduction includes such components:

1. Acquisition of living quarters.
2. Purchase of rights to a particular property in a house that has not yet been completed.
3. Purchase of all necessary materials for construction.
4. Finishing works, which are used directly on the site, purchased exclusively for housing. Also at this point is the design of documentation, which determines the estimate for the entire list of additional works related to the completion and decoration of living quarters.

In order to take into account in the tax deduction the amount that goes to the end of construction and facing the premises, it is necessary to specify in the contract for the purchase of housing that the house has not yet been completed. Other expenses that are not included in the list do not matter when compiling a tax deduction. If you need a product of redevelopment, purchase of furniture and sanitary equipment, registration of all necessary transactions, then all these citizens are required to sell for personal money. When the purchase of an apartment by a pensioner is carried out, the tax deduction is automatically calculated only in the case of its active work and official employment.

Tax deduction is not used in some situations

Cases in which a tax deduction is not taken into account:

1. In the case where payment for construction or finished housing was made on behalf of employers or any other persons, from the part of the amount of maternity capital or finances that are in the budget.
2. If the standard contract for the sale of an apartment is signed between relatives, that is, interdependent parties.

The exact amount of tax deduction

If the property was acquired in equity ownership only until January 1, 2014, the amount of the tax deduction will be equally divided between its owners. After this time, this privilege is canceled. The property deduction is distributed to each owner, depending on which specific part of the expenses it incurred in acquiring a particular real estate.

When parents purchase housing together with children, they have the right to refuse to distribute the tax deduction in parts, but to take the entire amount, as it goes to one family. Sometimes the purchase of housing under the contract of barter with payment. In this case, the tax deduction is also distributed according to all parameters, since the conclusion of this agreement does not contradict the law, in particular, the requirements of the Civil Code of the Russian Federation.

The property that both spouses purchase after marriage is recognized as their common property, so they are given a tax deduction without offices. In this case, the amount is divided by mutual agreement.

How to get a tax deduction?

In order to receive a tax deduction, it is necessary to be a taxpayer and carry out the following actions:

1. There is a thorough filling of the declaration, guided by a single form of 3-NDFL.
2. A certificate is sent from the accounting department, which must be taken at the place of work. It indicates the amounts received and withheld. It is developed according to the uniform form of 2-NDFL.

When the tax deduction for an apartment is calculated, the documents are prepared in such a list:

1. The certificate confirming the fact of registration of the property right, which is necessary for the independent acquisition of a fully constructed residential building, as well as a building object under revision.
2. A contract confirming the purchase of an apartment or a room, as well as an act of transferring a full apartment or a share in it. A certificate of registration of ownership is also suitable. The negotiation of documents varies depending on the type of transaction.
3. When the purchase of a land plot is carried out, where a certain building will be erected on its own, it is necessary to provide a certificate of registration of the ownership right, drawn up exclusively for the land acquired.

Copies of payment documents

When taking into account the tax deduction for an apartment, the documents must necessarily be collected and systematized:

1. Confirmation that the taxpayer purchased the property for personal money. To do this, you need to produce certain papers. These are different receipts, which are paid for by the incoming orders, bank statements that confirm the transfer of funds from the taxpayer's account to the seller's account; Cash or commodity checks; Acts confirming the purchase of certain goods from individuals, where necessary to be entered the necessary information about the seller - those that are contained in the passport.
2. Evidence that confirms the payment of a loan or interest accrued on the fact of concluding a loan agreement. This category includes the apartment in the mortgage. The tax deduction is calculated according to a special plan. If cash receipts are not available, in this case such documents may be special statements, as well as certificates from the organization that was engaged in issuing a loan, that all the necessary interest was paid. When buying an apartment, tax deduction documents (more precisely, their availability) provides for in full.

Documents for the purchase of an apartment in a joint ownership

When there is a purchase of housing in joint ownership, it is necessary to provide such documents:

1. A copy of the certificate of marriage.
2. Written agreement, which is an application for charging each party a part of the tax deduction, equivalent to the spent financial means or appointed by personal agreement.

Property tax deduction for an apartment when applying to an employer

If you apply to the employer, you can get a tax deduction before the end of this tax period, but you must first confirm the right to receive this privilege in the tax authority. To carry out such an event, the taxpayer is obliged:

1. Write a special application. Tax deduction for an apartment can be obtained only after it is filed. It indicates the claim for the right to receive a tax deduction based on the listed facts.
2. It is necessary to prepare copies of all documents without which you can not get a tax deduction for an apartment.
3. Transfer to the tax authority at the place of permanent registration a correctly and accurately filled application with a pre-assembled and systematized package of necessary documentation. All papers must be in excellent condition so that you can easily get a tax deduction for the apartment.
4. After a month, get permission from the tax authority to receive the entire amount of tax deduction. This will happen if all the rules are met, and the person has provided the full package of documents, otherwise the process of forming and obtaining a tax deduction can become more complicated and protracted.

To get a property tax deduction for an apartment, you need to collect a full package of documents and always contact the tax authority. The amount will be provided only if all the conditions relating to the purchase of property and the filing of the application have been fulfilled. Then a person or group of people is waiting for a fairly large amount of money.