Mortgage interest tax deduction

To receive a tax deduction for housing or land purchased on a mortgage, that is, a housing mortgage loan, you must submit to the Executive Service at the place of residence the declaration on personal income tax, as well as a copy of the following documents. Currently mortgage interest tax deduction can be obtained by absolutely all citizens who have decided to issue an apartment in a mortgage in this way.

A contract of sale or an agreement on equity participation in the construction of an apartment building, if any, an agreement on the assignment of rights of claim under the DDU (when acquiring rights to an apartment in a house under construction). The following documents may be required to receive the service:

• Extract from the Unified State Register of Legal Entities in the event of a transaction under a lease agreement;
• The act of transferring housing in the event of the acquisition of housing under a lease agreement or a lease agreement with housing and communal services. From 2022, the tax payment for housing in new homes is provided only after registration of the right to property. Thus, extracts from the Unified State Register of Legal Entities must be attached to the declaration of 2022; an act of transfer acceptance is no longer required.

2NDFL certificate on income and taxes paid for the year in which you submit the declaration, for the year. You can get the certificate in the accounting office or download it to the personal account of taxpayers on the website of the Federal Tax Service. If during the year you changed jobs or several jobs, you need to get certificates from all companies.

Verification of papers and declarations takes up to 3 months, although the Federal Tax Service promised to reduce the verification time by a month. In practice, this does not always work out, because the workload of employees is high. If errors are found in the documents and declarations of the Federal Tax Service, you will learn about them only after the end of the camera check. The tax refund process can continue.

For tax refunds, you can contact professional specialists. They take into account all tax benefits, calculate the maximum amount of tax that can be returned, prepare a declaration, and send it to the tax office.