Tax tip: How to put donations from the tax

Donate – when you can put something off

There are different types of donations that can be tax deductible. They are deducted from the total annual income and thus reduce the taxable amount of money, but a maximum of 20 percent of total income may be removed from the tax per year, the rest can only be asserted the following year. In the tax return, donations are entered under the special expenditure deduction, some conditions must be met for discontinuation itself: For example, there must have been a voluntary donation, there must be a donation and the donation contribution must have been transferred to a tax -privileged organization in Germany. Tax -privileged organizations include foundations, non -profit associations, political parties, churches and museums. In addition to financial donations, donations in kind can also be asserted for tax purposes, and membership fees to tax -privileged organizations also include a donation, but this includes no leisure associations such as sports clubs or carnival clubs.

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Donations to political parties

With the exception of donations to political parties, it applies to all donations that they are subtracted by the total income and the amount to be taxed is reduced. However, party donors benefit significantly more from donation contributions, half of the donation amount is deducted directly from the tax liability, and a maximum of 825 euros a year can be deducted. The maximum limit doubles for a mutual couple to 1,650 euros. With a donation of 3,300 euros submitted, a married couple will therefore receive 1,650 euros as a tax refund, everything that goes beyond that can only be taken into account next year. The upper limit of deductible taxes for one year is 6,600 euros for couples.

Required evidence

A tax return does not have to be settled in terms of donation, they only have to be present in order to submit them to the tax office in the event of a request. For donation amounts of up to 200 euros, the donation must only be proven with a simplified evidence, as simplified evidence, printed account statements with the donation transfer, printouts of online banking with the relevant sales, deposit documents from banks and PayPal account statements in paper form that contain the email address. In addition, it must be recognizable on the evidence whether it is a donation or membership fees that the association is exempt from corporation tax and for what purpose the donation was carried out. The same rule applies to disaster donations and donations to political parties.

Large donations over 200 euros require a donation certificate.

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