Post by nurnobisorker13 on Oct 30, 2024 4:09:03 GMT
The state strives to support people involved in investing. To increase profitability, you can use an investment tax deduction. A tax deduction is state support for the population, provided in a preferential form. It involves exemption from income tax for a certain period or from transferring a certain amount in the form of a tax. Let's figure out who has the right to it, how to go through the registration procedure.
Contents hide
1) What is an investment tax deduction?
2) Types of deductions for IIS
3) How many times can a deduction be received under an IIS?
4) Step-by-step instructions for receiving a tax deduction for investments
4.1) First stage: registration on the tax website
4.2) Second stage: unqualified electronic signature (NES)
4.3) Third stage: collection of documents
4.4) Fourth stage: filling out the 3-NDFL declaration
5) Conclusion
What is an investment tax deduction?
An investment tax deduction involves a refund of the tax received by an investor when selling financial instruments or other official income.
Investment tax deduction is also called a deduction for IIS. The abbreviation "IIS" stands for individual investment account. It is intended for organizing the bulk telegram blast implementation of trading operations on the stock exchange. Opening an IIS is available only to individuals with the status of individual entrepreneurs or self-employed. Trading can be carried out independently or entrusted to a third party (management companies, brokers). Regulation is carried out according to the norms of Federal Law No. 39, Art. 10.2-1.
Please note that IIS differs from a bank deposit account. When using it, income is not guaranteed. Even when using a conservative investment strategy and investing in proven companies that have been on the market for a long time, there is a risk of losses.
It should be remembered that funds in the deposit are not insured, and the securities market is considered a high-risk investment.
Types of deductions for IIS
There are two types of investment deductions. They are usually designated by the letters "A" and "B"
The first of them is a deduction for a contribution to an investment account. The deduction is 13% of the amount contributed to the IIS during 1 calendar year. Please note that only up to 400,000 rubles per year is taken into account in the calculation. The payment is made only if personal income tax is paid. The payment can be processed already based on the results of the first calendar year of existence and replenishment of the investment account.
How much can you get? Deduction "A" allows you to return up to 52 thousand rubles per year. However, it is also possible to increase the payment to 60,000 rubles. For this, the income must be 5 million rubles, and personal income tax payments must be 15%.
This type of deduction is considered most suitable for investors who:
They use conservative tactics, do not use risky assets, and also use small amounts;
They want to receive a deduction once a year;
Have an official income from which personal income tax has been paid in full.
The income deduction is marked with the designation "B". This is a type of tax deduction, which allows you to exempt the entire amount of income received using the IIS from taxation. Registration is possible if the account has been in operation for at least 3 years. This type of deduction is recommended in the following cases:
If the investment account is replenished with an amount exceeding 400 rubles;
Aggressive investment tactics are often used;
If other deductions were issued, for example, for the purchase of an apartment or for medical treatment;
If the account owner does not have taxable income, this group of persons includes individual entrepreneurs and self-employed individuals.
How many times can a deduction be received under an IIS?
The number of deductions of type "A" is unlimited. They can be issued annually. In this case, the submission can also be made retroactively, for previous years. Payment for the deduction of type "B" is available only once. It is provided when the account is closed and only on condition that it has existed for at least three years
By law, a person can have only one IIS. To open an account with another broker, you must close the previous one. It should be remembered that if less than three years have passed since the account was created, the right to a deduction of type "B" is lost.
You can receive an investment deduction even if you have other deductions, for example:
Social – for expenses on education, treatment or participation in charity;
Property - issued when purchasing an apartment or a plot of land.
It is possible to apply for several deductions at the same time. However, their total amount should not exceed the personal income tax paid.
Try paying in installments
First payment only after 30 days
Find out the limit
Step-by-step instructions for receiving a tax deduction on investments
It is not so difficult to get a deduction on IIS. Below is a step-by-step instruction:
First step: registration on the tax website
To obtain a login and password for the taxpayer's account, you must visit the FTS office, having your passport with you. Here you should fill out a form with an application. This can be done at the place of registration or residence. After registering on the website, your personal account will display data on previously paid and accrued taxes, as well as debts and taxable items.
Second stage: unqualified electronic signature (NEP)
It is necessary for sending applications, declarations and other documents online. To apply for an NEP, go to your personal account and select the "Get EP" section. Here you should select the option to store it in the secure FTS system. Next, you need to set a password for the certificate. After that, you can proceed to sending documents.
Stage three: collecting documents
List of documents that must be submitted to receive a tax deduction
Declaration 3-NDFL is filled out online on the tax service website in your personal account;
Certificate 2 NDFL for the last year during which funds were received into the IIS. It is a confirmation that income was received and taxes were paid at 13% during the specified tax period. The certificate can be issued at the place of work. If there are several sources of income, you should obtain a separate document for each.
Documents from the broker. The list includes an agreement to open a brokerage account, as well as documents confirming the implementation of contributions during the year (these can be cash receipts, payment orders, payment orders).
Stage four: filling out the 3-NDFL declaration
Filling out is possible online or manually (for this you will need to download and print the form). You can also do this in your personal account on the tax portal. To do this, go to the category "Life situations", in the subsection "Submit declaration 3-NDFL". In this case, a significant part of the data is filled in automatically. All that remains is to enter the missing ones.
Contents hide
1) What is an investment tax deduction?
2) Types of deductions for IIS
3) How many times can a deduction be received under an IIS?
4) Step-by-step instructions for receiving a tax deduction for investments
4.1) First stage: registration on the tax website
4.2) Second stage: unqualified electronic signature (NES)
4.3) Third stage: collection of documents
4.4) Fourth stage: filling out the 3-NDFL declaration
5) Conclusion
What is an investment tax deduction?
An investment tax deduction involves a refund of the tax received by an investor when selling financial instruments or other official income.
Investment tax deduction is also called a deduction for IIS. The abbreviation "IIS" stands for individual investment account. It is intended for organizing the bulk telegram blast implementation of trading operations on the stock exchange. Opening an IIS is available only to individuals with the status of individual entrepreneurs or self-employed. Trading can be carried out independently or entrusted to a third party (management companies, brokers). Regulation is carried out according to the norms of Federal Law No. 39, Art. 10.2-1.
Please note that IIS differs from a bank deposit account. When using it, income is not guaranteed. Even when using a conservative investment strategy and investing in proven companies that have been on the market for a long time, there is a risk of losses.
It should be remembered that funds in the deposit are not insured, and the securities market is considered a high-risk investment.
Types of deductions for IIS
There are two types of investment deductions. They are usually designated by the letters "A" and "B"
The first of them is a deduction for a contribution to an investment account. The deduction is 13% of the amount contributed to the IIS during 1 calendar year. Please note that only up to 400,000 rubles per year is taken into account in the calculation. The payment is made only if personal income tax is paid. The payment can be processed already based on the results of the first calendar year of existence and replenishment of the investment account.
How much can you get? Deduction "A" allows you to return up to 52 thousand rubles per year. However, it is also possible to increase the payment to 60,000 rubles. For this, the income must be 5 million rubles, and personal income tax payments must be 15%.
This type of deduction is considered most suitable for investors who:
They use conservative tactics, do not use risky assets, and also use small amounts;
They want to receive a deduction once a year;
Have an official income from which personal income tax has been paid in full.
The income deduction is marked with the designation "B". This is a type of tax deduction, which allows you to exempt the entire amount of income received using the IIS from taxation. Registration is possible if the account has been in operation for at least 3 years. This type of deduction is recommended in the following cases:
If the investment account is replenished with an amount exceeding 400 rubles;
Aggressive investment tactics are often used;
If other deductions were issued, for example, for the purchase of an apartment or for medical treatment;
If the account owner does not have taxable income, this group of persons includes individual entrepreneurs and self-employed individuals.
How many times can a deduction be received under an IIS?
The number of deductions of type "A" is unlimited. They can be issued annually. In this case, the submission can also be made retroactively, for previous years. Payment for the deduction of type "B" is available only once. It is provided when the account is closed and only on condition that it has existed for at least three years
By law, a person can have only one IIS. To open an account with another broker, you must close the previous one. It should be remembered that if less than three years have passed since the account was created, the right to a deduction of type "B" is lost.
You can receive an investment deduction even if you have other deductions, for example:
Social – for expenses on education, treatment or participation in charity;
Property - issued when purchasing an apartment or a plot of land.
It is possible to apply for several deductions at the same time. However, their total amount should not exceed the personal income tax paid.
Try paying in installments
First payment only after 30 days
Find out the limit
Step-by-step instructions for receiving a tax deduction on investments
It is not so difficult to get a deduction on IIS. Below is a step-by-step instruction:
First step: registration on the tax website
To obtain a login and password for the taxpayer's account, you must visit the FTS office, having your passport with you. Here you should fill out a form with an application. This can be done at the place of registration or residence. After registering on the website, your personal account will display data on previously paid and accrued taxes, as well as debts and taxable items.
Second stage: unqualified electronic signature (NEP)
It is necessary for sending applications, declarations and other documents online. To apply for an NEP, go to your personal account and select the "Get EP" section. Here you should select the option to store it in the secure FTS system. Next, you need to set a password for the certificate. After that, you can proceed to sending documents.
Stage three: collecting documents
List of documents that must be submitted to receive a tax deduction
Declaration 3-NDFL is filled out online on the tax service website in your personal account;
Certificate 2 NDFL for the last year during which funds were received into the IIS. It is a confirmation that income was received and taxes were paid at 13% during the specified tax period. The certificate can be issued at the place of work. If there are several sources of income, you should obtain a separate document for each.
Documents from the broker. The list includes an agreement to open a brokerage account, as well as documents confirming the implementation of contributions during the year (these can be cash receipts, payment orders, payment orders).
Stage four: filling out the 3-NDFL declaration
Filling out is possible online or manually (for this you will need to download and print the form). You can also do this in your personal account on the tax portal. To do this, go to the category "Life situations", in the subsection "Submit declaration 3-NDFL". In this case, a significant part of the data is filled in automatically. All that remains is to enter the missing ones.