Income tax assessment

Prerequisites

Income tax is subject to income from

• Agriculture and Forestry,
• Commercial enterprise,
• independent work,
• non-self-employed work,
• Capital assets
• Rentals and leases as well
• other income such as B. Income from a pension from the statutory pension insurance or income from private sales transactions.

Documents required

Income tax return

Please note

No

Deadlines

• The deadline for filing the income tax return is July 31. of the following year


• If the tax return is prepared by a tax consultancy or an income tax aid association, the submission deadline ends on February 28th / 29th of the second following year


• You have 3 months longer to complete the 2020 income tax return:
  
  
  
  • Without tax advice: 31.10.2021
  
  
  • With tax advice: May 31, 2022
  
  


• If there is no obligation to submit a tax return, the period ends 4 years after the end of the calendar year.

Procedure

• The income tax to be paid is determined by applying the tax rate to the taxable income.
• Numerous regulations (e.g. allowances, exemption limits, lump sums, special expenses, extraordinary burdens, variable tax rate) take your personal performance into account.
• Living expenses (regularly e.g. expenses for food, clothing, housing) may not be deducted as business expenses or business expenses.

Processing time

The processing time depends on the individual case.

Fees

No

Legal remedies

• objection


• Complaint before the Finance Court

Legal basis

Income Tax Act (EStG)