In what main cases can an income tax refund be requested?
It is very important to understand that only those who pay income tax are eligible for a refund. If the benefits cover all income tax, and the tax was not paid during the year, then there is nothing to refund, respectively. This is how you will know if you paid more income tax than you should: If you changed jobs . If you changed jobs and there was a gap in the salary between the jobs , check your tax refund. It is important to know that the accounting departments at your current and old jobs do not exchange data on the amount of your taxes. If you did not work for part of the year (for example: you were on unpaid leave) If you have long-term health problems If you received benefits and payments from the National Insurance Institute (for example, unemployment benefits, maternity benefits, etc.) If you pay child support If you have made independent deposits to pension funds (payments made directly, without the employer's participation and they are not taken into account in calculating the salary) If you pay for insurance such as life insurance, disability insurance or a pension fund, part of the money you pay reduces your income tax. Additional cases in which you will receive a tax benefit: Losses from investing in securities on the stock exchange Withdrawal of pension funds before reaching retirement age and payment of 35% tax on this Change in family status: marriage or divorce, birth of a child (the birth of a child grants additional credit points to both the father and the mother) Mortgage payments Donation to a public institution recognized for tax purposes Completion of undergraduate or professional studies Moving to a locality that entitles to tax benefits It is possible to receive a tax refund for a deceased relative. In order for the heirs to receive the money, you will be required to present a will.
There are other situations that can lead to a refund.
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