When selling a house or apartment, a single room and even cottages individuals must pay to the budget 13% of the amount received.It is clear that it is unlikely someone will please.However, to significantly reduce the tax would allow a tax deduction on the sale of apartments.
First of all, it is necessary to determine that the deduction - this is the amount that can be subtracted from the tax base (value of the property), but not due for payment of the tax.In other words, if the deduction is equal to 1 million rubles. Tax exemption amount to only 130 thousand. Rubles (one million and the whole is often thought to those unfamiliar with the nuances of tax citizens).
Dimensions property deduction
to determine the amount of property benefits must proceed from the length of stay in a property owned by the taxpayer.If the apartment was acquired more than three years ago, to pay the tax is not necessary.
If tenure was less than three years, to reduce the tax base in one of the following methods:
- $ 1 million. Rubles, and if the property was purchased by the target credit to this amount, you can also add all the interest paid.We emphasize once again that a tax deduction when selling apartments applies only to the cost of the property, that is, if it was less than 1 million., The tax base is considered to be zero, and no refund of the tax in this case is not necessary.
- the whole amount of the cost of buying the property being sold now.These include direct costs of the acquisition, the interest on the loan target, as well as repair costs in the case, if the apartment was bought under the contract without finishing.
But how to define tenure?For this it is necessary to start from its production method.If the apartment was purchased under a contract of sale, exchange, donation or rent when it is necessary to focus on the date of registration of the contract.However, if the property is located in a cooperative house, beginning a period of ownership shall be deemed the day of full repayment of the monetary unit.In the case of new building reference date is the date of receipt of the certificate of registration of ownership.And the inheritance of real estate for a period of ownership will start the day of death of the testator.
Deduction for an apartment in common or joint ownership
When implementing real estate located in the joint ownership, property tax deduction on the sale of apartments distributed among the co-owners in proportion.For example, if the proportion of one of them is 1/6 home and another -1/4, residues are obtained respectively at 600 and 400 thousand. Rubles.In cases where the apartment is in joint ownership, the value of reducing the tax base is distributed between owners of private agreements.
personal income tax on the sale of several apartments
Often there are situations when one year of the taxpayer sells more than one apartment or, for example, the house and the cottage.In this case, you need to know that a tax deduction on the sale of real estate in 1 million. Rubles per calendar year available once the entire tax base, regardless of the number of properties sold.But to reduce the base for tax on the sale of real estate in the amount of income can be verified for each of the assets.
example : Ivasin PR, in 2012 sold two apartments of 980 thousand. Rubles and 2 thousand. Rubles, bought in 2011 for 900 thousand, respectively. And 1800 rubles.Depending on the method of obtaining the personal income tax deduction would look like this:
1) 1 million. Rubles for the full amount of income: ((980 + 2000) - 1000) * 13% = 257.40 thousand. Rubles.
2) The amount of expenditure for the first apartment, a fixed amount - for the second (980-900) * 13% + (2000-1000) * 13% = 140,40 thousand. Rubles.
3) The amount of expenditure for both apartments (980-900) * 13% + (2000-1800) * 13% = 36,40 thousand. Rubles.
easy to see that the chosen method of reducing the taxable amount is directly related to the quantity subject to tax.
procedure for the deduction
the Tax Code provides that the tax deduction on the sale of apartments can be given an unlimited number of times.That is, if you've already sold the property in 2012 and received a deduction on the sale of property in 2013, you will again get the opportunity to reduce the sales tax.
Use the net can be based on the application, reference 2-PIT, the contract of sale, copies of the certificate of registration of rights and payment of all available documents.To get a tax deduction on the sale of apartments, the taxpayer must be up to 30 April of the following (for those in which the sale took place), the authority to apply to the tax inspectorate at the place residence declaration form with 3-PIT.
