Code 312 In Declaration 3 Personal Income Tax What to Write 2021

The state is taking measures to reduce the tax burden on its citizens, including with the aim of providing additional support for the construction or purchase of housing in Russia.

To reduce the tax base, the mechanism of tax deductions is used. These are the names of the amounts that are established at the federal level and are deducted from income subject to taxation. This automatically leads to a reduction in the amount of calculated income tax; accordingly, after settling the budget, the payer has more money in his hands compared to the situation when no deduction is provided.

To indicate tax deductions in the 2-NDFL declaration, as well as in accounting registers containing information on income and taxation of individuals, special identifiers are used in the form of a set of numbers (codes).

Code 312 In Declaration 3 Personal Income Tax What to Write 2021

As you know, a certificate in form 2-NDFL is attached to the tax return. This certificate contains all kinds of information about the income of an individual, tax charges collected from them and the deduction code in question. Property type tax deductions are coded with only two numerical combinations - 311 and 312.

Find out the appropriate BCC for your case on the website of the Federal Tax Service. In addition, you can use a service that will help you determine not only the BCC, but also the numbers of your inspection of the Federal Tax Service and the All-Russian Classifier of Municipal Territories (OKTMO). OKTMO code - what is it in 3-NDFL? Using OKTMO, the declaration indicates the code of the municipality at the place of residence (or registration) of the person (or individual entrepreneur).

Who can take advantage of the right to deduct code 311

This tax deduction is provided only to tax residents of Russia (these are all citizens staying in the country for at least 183 days a year). You can also take advantage of the deduction:

persons who received income taxed at a rate of 13% during the reporting period;
citizens who have not previously used this deduction (if your right has already been used, you can receive a deduction for your spouse);
real estate buyers who completed this transaction with a non-related party;
citizens who paid for purchased housing with their own or borrowed funds.

Code 312 in certificate 3 personal income tax, what does it mean?

How to fill out the 3-NDFL yourself Individuals who want to reduce the tax base due to spending money on purchasing an apartment can print out the 3-NDFL declaration, enter the required information into it, send it for verification and soon receive a deduction.

However, the document form must be used in a strictly defined form (put into effect on December 24, 2014 using order number MMV-7-11/671). What sheets to fill out An individual will need to indicate data on the title page of form 3-NDFL, on a sheet entitled information on tax amounts subject to refund from the budget (this is section number one), on the page requiring information about the size of the taxable base (this second section), as well as on sheets A and D1.

Deduction from the tax agent in the reporting year code 311 in 3 personal income tax what to write

The legislation provides for the following code, which must be used when reflecting property deductions when issuing personal income tax certificate 2: 311 - when reflecting the amounts used for the acquisition or construction of real estate as a property deduction.

Line 120 (clause 1.12) - the total amount of the deduction, in our example it is 1,500,000 rubles;
Line 180 (clause 2.5) - the amount of the deduction provided according to the certificate, in our example it is 210,000 rubles.
Line 230 (clause 2.10) - the amount of deduction carried over to the next year, in the example it is 1,500,000-210,000 = 1,290,000 rubles.

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In what case is line 312 filled in?

The legislation establishes that the property deduction may include interest paid by the taxpayer to the bank under a mortgage or other loan agreement.

To use these amounts as a deduction, the employee needs to request a certificate from the bank about the amounts of interest repaid during the year, fill out a personal income tax declaration 3, and if there is not enough income to return personal income tax amounts for the past year, transfer the amount of interest repaid to the next year.

In this case, the employee can use this benefit immediately based on tax confirmation, or at the end of the next year, claim a refund in connection with the use of a property deduction.

If the employee chooses the first option, then his employer, when filling out personal income tax certificate 2 at the end of the year, will have to use a special code 312 - when reflecting the amounts used to repay interest on mortgages and other loan agreements when purchasing real estate.

Deduction from the tax agent in the reporting year code 312 in 3 personal income tax what to write

A postal item saves you time on visiting the service; in addition, when ordering the item in the form of a valuable confirmation letter, you can have clear confidence that it will not be lost along the way or directly in the service, at the processing stage. However, incorrect registration will lead to the fact that you will lose a significant amount of time and will still be forced to visit the inspection department yourself.

Money spent on the purchase of a house is indicated in income certificates (2-NDFL) by the conditional code 311. It takes into account the finances that were spent on the construction of a new or the purchase of an already built house, as well as a plot or a share in them . This is what code 311 means in the 2-NDFL certificate.

Standard deduction codes and their interpretation

So, the new standard deduction range for children. Let's take a closer look at the new codes and their decryptions.

Deduction code 126 - reflects the deduction made for the first child who has not yet reached the age of majority, as well as for children studying full-time, or graduate students, residents, interns, cadets who are under 24 years of age. Provided to the parent or his spouse, adoptive parent, in whose care the child is. The deduction amount is 1400 rubles.

Deduction code 127 in the 2-NDFL certificate - reflects the deduction provided for the second child (minor), also for children studying full-time, or graduate students, residents, interns, cadets who are under 24 years old. Provided to the parent or his spouse, the adoptive parent in whose care the child is. Replaced deduction code 115 in the 2-NDFL certificate in the new year. The deduction amount is 1400 rubles.

Code 128 - reflects the deduction made for the third (and next) child who has not reached the age of majority, also for children under 24 years of age if they are full-time students, studying in residency, graduate school, internship or are cadets. Provided to the parent or his spouse, the adoptive parent, in whose care the child is. The deduction will be 3000 rubles.

Code 129 is a deduction for a child with a disability group, as well as for children under 24 years of age if they are full-time students, studying in residency, graduate school, internship, or are cadets. Provided to the parent or parent's spouse, adoptive parent in whose care the child is. Deduction – 12,000 rubles.

Code 130, 131, 132, 133 - reflects the deduction provided for the first, second, third and subsequent minor children, for a child with a disability group, also for children under 24 years of age, if they are full-time students, studying in residency, graduate school, internship or are cadets. Provided to the adoptive parent, guardian, or the spouse of the adoptive parent, guardian, or trustee. Deduction code 126 is used much more often than 130.

Code 134 is a double deduction for the first-born child who has not reached the age of majority, also for children under 24 years of age if they are full-time students, studying in residency, graduate school, internship or are cadets. Provided to the parent or adoptive parent if he is the only one. The deduction is calculated in the amount of 2800 rubles.

Code 135 - a double deduction made for the first-born child who has not reached the age of majority, also for children under 24 years of age if they are full-time students, studying in residency, graduate school, internship or are cadets. Provided to the adoptive parent (custodian or guardian), if he is the only one. The deduction amount is 2800 rubles.

Code 136 - reflects a deduction (double) for the second child (minor), also for children under 24 years of age, if they are full-time students, studying in residency, graduate school, internship or are cadets. Provided to the parent (adoptive parent) if he is the only one. The deduction will be 2800 rubles.

Code 137 - reflects the deduction made (double) for the second child, who is still a minor, also for children under 24 years of age, if they are full-time students, studying in residency, graduate school, internship or are cadets. Provided to the adoptive parent, guardian or guardian, if he is the only one. Deduction – 2800 rubles.

Code 138 – double deduction for the third (next) child under the age of majority, also for children under 24 years of age, if they are full-time students, studying in residency, graduate school, internship or are cadets. Provided to the parent or adoptive parent if he is the only one. The deduction amount is 6000 rubles.

Code 139 is a double deduction for the third (and each subsequent) child who is a minor, also for children under 24 years of age if they are full-time students, studying in residency, graduate school, internship or are cadets. Provided to the adoptive parent or guardian, if he is the only one. Deduction – 6000 rubles.

This is not the whole explanation of the deduction codes in the 2-NDFL certificate.

Codes from 140 to 149 - double deductions provided for the first, second, third minor child, or those with a disability group, also for children under 24 years of age, if they are full-time students, studying in residency, graduate school, internship or are cadets. Provided to a parent or adoptive parent (one of their choice) if there is an application from the second parent or adoptive parent to refuse to issue a tax deduction.

From this article we learned about the introduction of new tax deduction codes in the 2-NDFL certificate.

Instructions for filling out a declaration for personal income tax refund for an apartment

It should be noted that if the 3-NDFL form for a property tax discount is drawn up on behalf of the wife/husband of the apartment owner, then the taxpayer’s attribute code is no longer “01”, but “02”. If the parents of a minor owner want to reimburse the tax - “03”, if an individual owns the property on an equal basis with the child - “13”, and if the apartment belongs simultaneously to the taxpayer, his child and spouse - “23”.

Sheet D1 is devoted to calculation data regarding property deductions that are provided in the case of the purchase of real estate, including an apartment. Otherwise, if the taxpayer sold the property, he is required to fill out sheet D2 instead of sheet D1.

Code 311 in personal income tax declaration 3 what to write

WARNING]Attention! Before you start processing 3-NDFL for personal income tax reimbursement for an apartment, we advise you to read article number 220 of the Tax Code of Russia, which will help the taxpayer make sure that he can actually receive property compensation by law, or, on the contrary, understand that he has this right it is not there.[/WARNING] What sheets to fill out? An individual will need to indicate data on the title page of form 3-NDFL, on the sheet entitled information on tax amounts subject to refund from the budget (this is section number one), on the page requiring entry information on the size of the tax base (this is the second section), as well as on sheets A and D1.

In it you enter data from the certificate form 2-NDFL, clause 4.1, code 311, summing up all months (for those who have the total amount of property tax deductions provided in clause 4.6 of the certificate 2-NDFL, which also takes into account code 312, clause 4.1). If you receive a property tax deduction at work only for the purchase of real estate (apartment, house, room), then take the data from clause 4.6 of the 2-NDFL certificate.

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What does deduction code 311 mean?

The 311 deduction allows an individual to offset part of the costs incurred on:

purchase of an apartment or other housing (house, room, share in a residential building);
housing construction;
acquisition of a land plot intended for housing construction (or purchase of a share in such a plot).

The deduction is provided only if the purchase or construction of housing is carried out on the territory of Russia.

Amount of tax deduction by code 311

You should understand the difference between the amount of the deduction and the amount of money that can be returned with its help.

A deduction is a reduction not of a tax, but of the taxable base. At the same time, the tax amount is also reduced - but not by the amount of the deduction, but by an amount that is 13% of the deduction (income tax is calculated at this rate in Russia).

According to current legislation, the maximum deduction amount under code 311 is 2 million rubles. This means that the amount of income tax for this deduction is up to 260 thousand rubles.

2,000,000 x 13% = 260,000

Thus, even if a person spent 3 or 5 million rubles on the purchase of housing, the deduction amount will be no more than 2 million rubles. If less than 2 million rubles are spent (for example, 1.5 million), then the amount will be fully discounted.

Deduction code 104 and other codes for personal income tax

Standard – circumstances such as whether the taxpayer has children or special services to the state are considered.
Social – the circumstances of the need for training, treatment, etc. are considered. We can talk about the taxpayer or relatives who are financially dependent on him.
Property – the presence of a mortgage or housing construction are considered.
For non-taxable income - this includes prizes, gifts, certain types of financial assistance, etc.
Professional - these are royalties, expenses for creating a literary work, etc.
Investment is the rarest category, relating mostly to those who work in the securities market.

Taxes are what the financial viability of the state rests on. The richer the country, the higher the salaries of its citizens, and, consequently, taxes - the basis of prosperous and non-prosperous countries. If the state advocates that people pay taxes, the population would be happy to refuse them. But such is the system, its tax component is one of the pillars that supports our well-being.

Basic codes when filling out the 3-NDFL declaration

All payers receiving income from the use of copyrights must submit a 3-NDFL declaration to the inspectorate. For royalties, a code system consisting of nine elements is provided. Depending on the type of creativity, the values of these indicators differ. Let's look at some of them:

Filling out the residential address of the income tax payer requires specifying the Russian region code. The regulatory document in the reference book “Region Codes” establishes a list of designations used. The list of documents displayed in the directory allows you to fill out not only the 3-NDFL declaration, but also many other documents, for example, for registering business participants. This coding system is common and is used throughout the country.

Program for filling out the 3-NDFL declaration for 2021

This list is intended for entering income by type of payment source. We add information about monthly income for the calendar year, for which you need to click on the + to the left of the words “ Month, income .”. To delete erroneously entered data, you must use " - ". In the drop-down menu, you must fill in the fields (information must be taken from the 2-NDFL certificate).

“Adjustment number” – 0 (if an initial declaration is submitted, if a clarifying declaration is submitted, then in this field you need to indicate the adjustment number: in the case of filing the first clarifying declaration with the tax authority, indicate 1, in the case of filing a second clarifying declaration, 2, and so on) ;

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What does code 311 mean in the 2-NDFL certificate?

To receive the standard deduction, you will have to make almost no effort. It is enough to inform the company’s accountant about this desire. Such payments imply a refund of tax accrued on income that was spent on the maintenance of minor children (their upbringing). In addition, the standard deduction is due to those who spent on education and treatment. People who directly invest in activities (authors, entrepreneurs, notaries) have the right to receive a professional deduction. Property involves the return of part of the funds spent on the purchase of real estate.

Current legislation imposes quite serious obligations regarding the payment of personal income tax. persons (personal income tax). Such deductions to the budget are required to be made from almost any income. The employer must submit a certificate in Form 2-NDFL to the tax office. This certificate is necessary to control deductions. She must:

How else can you use the deduction?

When calculating the deduction, state support funds are not taken into account. For example, maternity capital, military mortgage or housing certificates from the regional administration. Such government assistance is not reflected in the tax base. And funds spent on home decoration can be included in the limit amount up to 2 million rubles. But for this, certain nuances must be observed:

if the housing was purchased from the developer, and the text of the purchase and sale agreement indicates that unfinished living space has been sold;
The text of the purchase agreement states that the living space being sold is sold without finishing.

If the text of the contract specifies that the apartment has no repairs, not finishing, then the deduction may be denied. For the tax service, repair and decoration are not synonymous

Therefore, it is important to adhere to this wording

The buyer of an apartment can include the following finishing costs in the property deduction:

materials for repairs;
payment for the work of the construction team;
payment for drawing up estimates and design of finishing works.

There is no clear list in the legislation, but the expenses incurred must be appropriate in meaning. Costs that are not directly related to finishing work may not be included in the property deduction amount. Expenses will be approved for:

installation and dismantling of windows and doors;
installation of flooring, tiles, kitchens, ceilings, bathrooms;
painting or wallpapering walls and ceilings;
laying communication systems - water supply, heating systems, electrical wiring.

To confirm expenses, checks, acts, receipts, payment orders are suitable, which clearly indicate what the payment was made for. You can include materials in expenses, even if you carried out all the repair and installation work yourself. You can specify any materials - doors, windows, primer, wallpaper. But a drill, an air conditioner or the price of a kitchen set cannot be included in the deduction.

You can include the amount of finishing not in the deduction for the decoration of the apartment, but in another period. If this year the accrued tax amount is less than the deduction, then the balance can be carried over to the next year and so on until the entire allowable amount is returned.

Code 312 in certificate 3 personal income tax, what does it mean?

Also, instead of the column “Date of acquisition”, the column “Date of the act of transfer” has appeared, i.e. this column contains the date of signing, execution of the act of acceptance and transfer of the object. The column “Date of registration or act” has been replaced by the column “Date of registration of ownership”, i.e. the data is taken from the certificate of ownership of the object. Your object can be not only an apartment, but also a house or a room.

2-NDFL contains information about income in the amount, as well as the corresponding codes. In addition, tax deductions are also included there. Tax deduction These are funds that the government returns from taxes paid. To some extent they compensate for certain types of expenses and reduce the tax burden.

Code 311 in personal income tax declaration 3 what to write

Sheet A is intended to enable an individual to report in writing to the tax authority on his income received from sources located on the territory of the Russian Federation. Therefore, if a taxpayer’s profit is transferred to his bank card from other countries, then he must fill out Sheet B.

In the “deduction (expense) amount” window, enter the amount indicated in the documents confirming your purchase of the car. deduction code 306 The amount of actually incurred and documented expenses for the acquisition, storage and sale (redemption) of investment units of mutual investment funds. deduction code 307 The total amount of expenses actually incurred by the taxpayer and documented in connection with the acquisition of securities.

25 Jan 2021 etolaw 616

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What type of deductions does code 311 refer to?

All tax deductions are classified into the following categories:

Standard.
This is the most common type of deduction available to most people to provide tax relief for child support expenses. In addition, standard deductions are provided to citizens with a special status (Heroes of the USSR and the Russian Federation, holders of the Order of Glory, etc.).
Investment.
With the help of such deductions, income received from transactions with securities and certain other types of investment activities is subsidized.
Property.
They are used to reduce the tax base for persons who have purchased an apartment or other real estate.
Professional.
Citizens engaged in business or private practice apply to receive such deductions.
Social.
Used to subsidize amounts spent on full-time education in educational institutions of the taxpayer or his children under 24 years of age.

Deduction code 311 belongs to the category of property deductions.