How to get a tax deduction for iis

10.01.18 271 714 22

So, you have entered into an agreement with a broker, opened an individual investment account and put money into it. It's time to earn an income.

Roman Koblenz

private investor

We will need to go through three stages: establish contact with the tax office, submit documents and receive a decision on the deduction.

What is it about

We are talking about tax deductions and benefits that are given under the program of individual investment accounts. The state wants you to invest a lot and well, therefore it makes more favorable investment conditions for you than with ordinary brokerage accounts.

IIS is a type of brokerage account, only with special tax benefits.

The IRS gives two types of IIA deductions: either it deducts your investment from taxable income, or it doesn't tax your investment income. The first option is the most popular because it adds 13% to your profitability.

To use state bonuses, you need to take into account some nuances - we wrote about this. Read it first if you do not understand what it is about.

Register in your personal account on the website of the tax

Since the deduction is tax, you will have to communicate with the tax office. Here's how it happened for me.

I called just in case and asked about the username and password from my personal account. I was told that I can come to any tax office for them and that I need to take my passport with me. You also need to know your TIN. If you go to the branch of the Federal Tax Service at the place of residence, then you only need a passport, and it is not necessary to know the TIN.

I went to the local branch of the Federal Tax Service, took a coupon there in an electronic queue. My number popped up almost immediately. Do not be afraid of crowds in the Federal Tax Service: even if there are a lot of people, they do not stand in the same line. I told the operator at the tax office that I came for the data for my personal account, gave my passport and three minutes later I received a sheet with a login and a temporary password for my personal account on the tax website.

At home, I logged into my personal account using my username and temporary password. I had to wait about three days until all the information appeared in my personal account: objects of taxation, 2-NDFL certificates, and so on.

If you have an account for public services and your account is verified, you can enter your personal account on the tax website through it. If you do not have an account for public services, you will also have to confirm it personally

What can be done through a personal account on the website of the tax

1. See all your objects of taxation and the amount of taxes accrued on them.
2. See all amounts of paid and unpaid taxes. You can pay online.
3. Receive tax reports.
4. Form declarations in the form 3-NDFL.
5. Submit tax returns.

Get an unqualified electronic signature

A tax return is an official document that must be signed by you. If you submit your declaration online, it must be signed electronically.

You can also get an electronic signature certificate in your personal account on the tax website, for this you need to go to your profile and select the "Get ES" tab.

You will be asked to enter a password to access the electronic signature certificate. This is the main thing to remember, otherwise you will be tormented to restore.

After that, you can fill out documents for deduction for IIS.

This signature is unqualified

Important: the electronic signature that can be obtained on the tax website is unqualified. This is the simplest electronic signature. She cannot sign any other documents, except for documents on the tax website.

We will write a separate article about a qualified electronic signature.

Preparation of documents

To receive a deduction for IIS, you need to submit a 3-NDFL declaration to the tax office along with a package of documents. Here's what to collect.

Certificate of income in the form 2-NDFL for the year in which you contributed money to the IIS. It confirms that you received income and paid tax at the rate of 13% in this tax period. Help can be obtained from the accounting department at the place of work.

From 01/01/2019, the 2-NDFL certificate is called "Certificate of income and tax amounts of an individual"

Scan of the agreement on opening a brokerage account. This may be an agreement on the maintenance of IIS, an agreement on brokerage services using IIS, an application, notification or notice of accession to the regulations or a brokerage agreement using IIS, or a general agreement. Each broker has a different name for this document.

We talk not only about deductions and investments, but also about bargains, living abroad and ways to protect yourself from thieves.

Confirmation of the transfer of funds to the IIS. If the money was paid in cash to the cashier, this is a cash receipt. If money was transferred from a bank account, this is a payment order. If the money was transferred from another brokerage account, this is an instruction to transfer funds and a broker's report.

For example, Roman deposited funds at the bank's cash desk, and the bank, on his behalf, transferred money to a broker for crediting to IIS. At the bank's cash desk, he was given a cash receipt and a receipt, which he attached to the declaration.

We fill out the declaration 3-NDFL

You can also fill out a tax return on the tax website. To fill out the declaration in the "Life situations" section, select the item "Submit a 3-NDFL declaration":

The declaration can be filled out on the Internet, or you can download a file created in the Declaration program. For example, we will fill in the Internet.

Filling out the declaration on the Internet is simple and intuitive. First, select the year for which you are filing a declaration. You need to choose the year in which you deposited money for IIS. Also at this stage, information about the taxpayer is automatically filled in.

At the third stage, you need to choose the deductions that will be declared in the declaration. The IIA deduction refers to investment deductions, they should be ticked.

After that, in the fourth step, fill in the income data. If your withholding agent - usually an employer - has already submitted annual returns, you can download income data from the data that he submitted to the tax office. To do this, tick the employer and click the "Fill from the certificate" button.

If your employer has not yet submitted reports, you will have to fill out the section manually based on your 2-NDFL certificate.

After that, you must indicate the amount of the investment deduction, that is, the amount of money that you contributed to the IIS for the year. This amount cannot be more than 400 thousand rubles. Here you also need to upload scans of supporting documents: certificates 2-NDFL, an agreement on opening an IIS and confirmation of the transfer of money to it.

At the last step, you will be shown the amount of tax to be returned. It remains only to enter the password for your electronic digital signature and click the "Confirm and send" button. Congratulations, you have submitted your application.

Sending an application and waiting for a response

A completed declaration will not yet return your money to the account: it will only confirm your right to return. You need to submit a tax return request.

Some time after you send the completed 3-NDFL declaration, information about the amount of tax overpayment will appear in the "My taxes" section of your personal account. In the same line there will be a special button - "Dispose".

If you do not have tax debts, you can receive the amount of the refund to your bank account, the details of which are indicated in the same section.

You have to wait an average of four months for money. Three months is the official term for consideration of the declaration from the date of its submission.

The return itself must be made within one month from the date of filing the application for a return, but not earlier than the completion of the consideration of the declaration.

Results

Getting a deduction through the tax website is much easier and clearer than it might seem. And my only trip to the Federal Tax Service was very useful, because access to my personal account will come in handy many more times.