Tax return for pensioners: Save taxes with these five expenses

Tax return for pensioners: Save taxes with these five expenses

Every year, many pensioners in Germany have to submit their tax return and pay part of their limited pension to the tax office. But there is good news: They also have the opportunity to reduce their taxes by declaring certain expenses like other taxpayers do. In this article we explain which expenses are meant.

According to a report from www.wmn.de, not all pensioners have to submit a tax return. Only if the taxable part of the annual gross pension is above the basic allowance of 10,908 euros is there an obligation to submit a tax return. Pensioners with an annual income of less than 10,908 euros do not have to submit a tax return.

Pensioners can deduct various expenses from their taxes in order to reduce their tax burden. These include advertising costs such as costs for pension consultants, tax consultants and court fees in pension disputes. Costs for medicines and remedies that the health insurance company does not cover, as well as trips to doctors, treatments and pharmacies can also be deducted.

Furthermore, costs for hospital and spa stays can be deducted from tax, including the daily contribution of ten euros. Household-related services such as household help and craftsman services can also reduce taxes. Pensioners can deduct 20 percent of the costs for household-related services up to a maximum of 4,000 euros per year. Craftsman's services are also recognized, but only up to a maximum of 1,200 euros per year.

Church tax and donations for church, charitable and charitable purposes can also be deducted from tax. Amounts of up to 300 euros without a donation receipt will be accepted.

Overall, these deductible expenses can help retirees reduce their tax burden and have more money available. However, it is important to carefully document all expenses and supporting documentation to report them on your tax return.

The information comes from an article from www.wmn.de.