What documents do I need for the income tax return as a self-employed person?
June 11, 2022 | 50,00 EUR | answered by Andreas Stricker
Dear tax advisor,
my name is Ammelie Schmid and I am self-employed. This year, I have to file my income tax return as a self-employed individual for the first time and I am not sure what documents I need for this. Until now, I have been employed and only had to submit my wage tax certificate.
My income as a self-employed individual comes from various sources, such as fees, commissions, and sales. I also have expenses such as rent for my office, work materials, and training costs. Additionally, I also have income from renting out property.
I am concerned that I might forget important documents or not know which receipts need to be included in the income tax return. I want to provide all information correctly and completely to avoid any issues with the tax office.
Could you please provide me with a list of the documents I need for the income tax return as a self-employed individual? What receipts do I need to submit for my income and expenses? Are there any specific forms or attachments that I need to fill out? And what are the special considerations for self-employed individuals when filing taxes?
Thank you in advance for your help and support.
Best regards,
Ammelie Schmid
Dear Ammelie Schmid,
Thank you for your inquiry regarding your first income tax return as a self-employed individual. It is understandable that you are concerned about which documents you need and how to accurately and completely report your income and expenses in order to avoid any issues with the tax office. I am happy to assist you and will provide you with a detailed list of the documents you need for your income tax return as a self-employed individual.
For the income tax return as a self-employed individual, you typically need the following documents:
1. Income:
- Fees, contracts, and sales: You will need all invoices, contracts, and statements that prove your income.
- Rental and leasing income: You will need rental agreements, statements, and income summaries.
2. Expenses:
- Rent for your office: Rental agreements, utility bill statements, and payment receipts.
- Work materials: Invoices and receipts for purchased materials.
- Training expenses: Invoices, certificates of attendance, and receipts for further training.
You should also provide receipts for other business expenses such as office supplies, insurance, telephone and internet costs, advertising and marketing, travel expenses, and meal expenses.
For the income tax return as a self-employed individual, you will need to fill out specific forms and attachments, such as the EÜR (profit and loss statement) for profit determination, the G attachment (income from rental and leasing) for rental income, or the S attachment (income from self-employment) for your self-employed income.
Special features of the tax return as a self-employed individual include the ability to deduct business expenses, depreciate assets, consider input tax amounts, and create provisions.
It is advisable to carefully collect and organize all relevant documents to have a structured overview of your income and expenses. If you are unsure about which documents you need exactly or how to correctly deduct certain expenses, I recommend seeking assistance from a tax advisor.
I hope this information is helpful to you and I am always available for further questions.
Sincerely,
Andreas Stricker
