Liability insurance in the tax return: Enter it here
You can state your liability insurance in the tax return and save some money. In this practical tip, we will tell you where to find the right field for the entry.
Liability insurance in the tax return: Enter it here
You can claim your liability insurance against tax:
- These include private liability insurance, motor vehicle liability insurance, dog liability insurance, property liability insurance and landowner liability insurance.
- A tax deduction for building owner liability, hunting liability, boat liability or water damage liability is also possible.
- However, your contributions will only be recognized if the maximum pension amount has not yet been exhausted with your contributions to health and nursing care insurance.
- The annual maximum for pension expenses is 1, 900 euros for employees and civil servants and 2, 800 euros for the self-employed.
- You can add up all liability contributions and enter them as special expenses in line "Pension expenses" in line 50 of the tax return.
In the next post, we will explain how to create your tax return with Elster Online.