hTTi

Nixon wrote: ↑Thu Aug 07, 2025 5:17 pm Would that be 20k per year or lifetime or something else?

20k€ every 10 years: https://expertise.tax/en/faq-german-tax ... tance_gift

I’m considering transferring all my mutual fund units to my mother, who is an Indian resident. Take care. There is also German gift tax to consider. The tax-free amount for a gift in the direction "child --> parent" is only 20,000€, please see here: https://www.rosepartner.de/freibetrag-s...

You could just buy one.
I got mine here: https://www.beckmann-kg.de/Schutzdach-f ... 0nbsp%3Bcm

This is not about paying tax on the UK interest in Germany, which you will continue to have to do. This is about additionally paying tax on the currency profit to Germany. For example, if you had a 1 year term deposit of 100,000 GBP at 3% that you invested on 01.08.2025, when 1€ = 0.86650 GBP: https...

Thanks for the update!
I'm glad you got it sorted.

jgb29de wrote: ↑Sun Jul 27, 2025 2:05 pm I need to reinvest my Traditional IRA as I can no longer hold mutual funds.

Why can't you just keep that traditional IRA?

Does this calculator correctly calculates Fünftel-Regelung ? https://www.online-tools.biz/abfindung/index/nklO1IOlYSjyHhKK And the "Weitere Einkünfte" should be gross salary or ( gross salary - social contributions ) ? Yes, it's correct. You have to use both for the Abfindung and for the ...

What is then the point of limited tax liability? People with limited tax liability do not get the Grundfreibetrag (personal tax-free allowance, 12,348€ in 2026). Only people with unlimited tax liability get it. You, however, will get it, because of § 2 (7) sentence 3 EStG: https://dejure.org/gesetz...

Frantic wrote: ↑Wed Jul 23, 2025 4:18 pm My concern is also that if, in the future, the missing Solidarity tax amount is discovered, I am anyway the one which should pay it and not my employeer

Yes, that's true.
But maybe they never find out?

Wouldn't I pay less tax income, if I would receive severance package next year in January including 1 salary, and then leave Germany and would have limited tax liablity in Germany in 2026 ? Comparing to leaving at the end 2025, after receving full yearly salary including severance, because this wou...

Now my friend had already the solution :D : " don't submit the steuerklarung! If you did not change employeer or you did not have additional incomes apart the ones from your employeer, you can omit to submit it !" Apart the "smartassery" of the solution :roll: I believe that a S...

Send them this letter as a registered letter: ************************************************************************ Betrifft: Kündigung der Geschäftsbeziehung Sehr geehrte Damen und Herren, Hiermit kündigen wir unsere sämtlichen Produkte bei Ihnen mit sofortiger Wirkung. Bitte überweisen Sie das ...

No, you have 2 different AfA rows, with the one for the Notar and Grundbuch costs incurred now also running for 50 years (in your case). You do not add Bemessungsgrundlagen, you add the two AfA amounts and fill the result into Anlage V. The second AfA row will "outlast" the first one, so t...

This case is about the daughter claiming the whole value of the house for AfA, despite having paid only 1,102 in notary costs. She had promised to pay something, but that never happened, so this ended up being a complete gift, just like in the case of your wife. --> the court ruled that she can only...

I was not sure if Employment or this room was the right place for this thread. Soon or Later I will leave my current company. They provide a Pension Scheme. They put some money on their own in their Pension Funds and I can put small part of my salary there. By the way this Funds has a kind of guara...

Let's say you leave Germany at the end of January 2026 and move to another EU country where you get a regular job and start paying tax income and social things there. For January you are still getting salary from regular employment in Germany, but after January and to end of the year you are living...

It opens up another window to add a second Zeile 33 entry, see below. If I don't use that for my case, when would I use it? Please see here: https://www.steuern.de/steuererklaerung-anlage-v Ein Gebäude wird grds. als Ganzes abgeschrieben. Besteht ein Gebäude aber aus mehreren sonstigen selbstständi...

They are new Anschaffungskosten and run for 50 years.
You still have to add the old AfA amount to the new AfA amount, since there is only one field for AfA in the tax form.

The pear tree is surprisingly full of fruit this year
And the zucchini in these metal SchneckenStopp metal ufo saucers have started producing.
The black tomatoes are also coming along nicely, the others not so much.

You need to add it to the old AfA amount and only fill in the sum of old+new.