Which special expenses can be claimed in the tax return?
June 23, 2023 | 30,00 EUR | answered by Wolfgang Lenzner
Dear Tax Advisor,
My name is Ludwig Jensen and I am currently facing the challenge of preparing my tax return for the past year. In doing so, I have come across the topic of special expenses and am unsure which expenses I can claim in my tax return.
Regarding the current situation: Last year, I incurred various expenses that may be considered as special expenses in my tax return. These include, for example, donations to charitable organizations, contributions to health and long-term care insurance, as well as expenses for retirement provision.
The current status is that I do not yet have a precise overview of which of these expenses I can list in my tax return and which I cannot. Since I am unsure, I would like to clarify which special expenses are actually tax-deductible and how to correctly list them in my tax return.
My concerns are that I may not be taking advantage of tax benefits if I list the wrong special expenses in my tax return. Therefore, I rely on your support to ensure that I consider all relevant expenses and can save taxes accordingly.
My question to you is: Which special expenses can be claimed in the tax return and how can I ensure that I correctly list all relevant expenses? I would be very grateful if you could help me achieve the best possible tax relief.
Thank you in advance for your assistance.
Best regards,
Ludwig Jensen
Dear Mr. Jensen,
Thank you for your inquiry regarding special expenses in your tax return. I am happy to help you clarify and ensure that you correctly report all relevant expenses to not miss out on tax benefits.
First of all, I would like to give you an overview of the special expenses that can generally be claimed in your tax return. Special expenses are expenses that are not considered regular business expenses, but are tax deductible. These include:
- Contributions to health and nursing insurance: This includes both your own contributions and contributions for insured family members.
- Contributions to retirement provisions: This includes contributions to statutory pension insurance, private pension insurances, or professional pension funds.
- Donations to charitable organizations: If you have made monetary or in-kind donations to charitable associations or organizations, these can also be claimed as special expenses.
To ensure that you report all relevant special expenses in your tax return, I recommend collecting and reviewing all corresponding receipts and documents. Check your bank statements, receipts, and certificates to make sure you do not forget any expenses.
Furthermore, you should inform yourself about the maximum amounts that apply to each special expense. There are limits up to which you can claim the expenses for tax purposes. Familiarize yourself with these amounts to make sure you do not exceed the maximum limits.
Additionally, I recommend seeking advice from a tax advisor in case of uncertainties or more complex issues. A tax advisor can not only assist you in determining the relevant special expenses but also in correctly entering them into your tax return.
I hope this information is helpful to you and you can achieve the best possible tax relief with it. If you have any further questions, please feel free to contact me.
Best regards,
Wolfgang Lenzner
