hTTi

Just a follow up to say the Finanzamt accepted your argument straight away Panda. You are brilliant

Cheers John. Indeed it was AI (Gemini) that threw up the question mark surrounding the taxation of the growth of the fund. It was out of ideas, probably because it's so niche there are unlikely to be published examples on the internet for these LLMs to be trained on. Initially Gemini incorrectly sta...

You are a legend Panda! Will do.

Update. Ok so the Finanzamt has written to us and want the following by the 13th of November: Nachweis der Notar- und Grundbuchkosten der Schenkung sowie Stellungnahme zum Zusammenhang mit der Vermietung My Bold. Obviously I can provide copies of the bills but what am I supoosed to say in regards to...

I'm wondering if the Irish ARF wouldn't be considered equivalent to a German Betriebsrente or Riester-Rente etc. These funds as far as I know are not taxed during the growth phase ("Nachgelagerte Besteuerung", no Vorabpauschale stuff like with a "normal" investment fund). Is this...

Hi all, I am considering what route to take with my Irish defined contribution pension fund. I have 2 options in Ireland: 1) use the fund to buy a traditional annuity, which would be taxable in Germany as far as I understand it or 2) use the fund to invest in a so-called "approved retirement fu...

Awesome. Thanks Panda

My father in law has the small pension mentioned above and Pflegegeld and Blindengeld (which in Brandenburg reduces the Pflegegeld). Do Pflegegeld and/or Blindengeld count as "income" when declaring my father in laws income for these purposes?

Unfortunately I found that I can't claim back money for their support because they do not result as people in "state of need". Indeed as far as I read, the value of their assets is taken in consideration. If it is over 13.500 euro (dont remember the exact number) then they are not in stat...

PandaMunich wrote: ↑Wed Sep 17, 2025 11:30 pm

murphaph wrote: ↑Tue Sep 16, 2025 9:25 pm My understanding is that we have to choose which deduction to take, either the Pflegepauschbetrag or the Unterhaltsleistungen. Is that correct?

No, you can claim for both.

Oh wow, that's great. Thx Panda

Fraufruit wrote: ↑Tue Sep 16, 2025 8:23 pm This all seems to harken back to the day when family took care of family as many cultures still do.

Most caring in Germany is actually done by the family too.

Thanks a lot Panda. To help me get a firm grip on this I'll try to do the calculation here and see if you think it's right. As far as I understand it the Pflegegeld he gets is not considered income, so only his pension payments would be deducted from the Grundfreibetrag of €12,096 so it would be (€6...

My father in law (disabled through complete blindness in 2023) lives with us 50% of the time. He spends the other 50% of his time with his other daughter. He has no wealth whatsoever and has a very small state pension of around €600 and a really small private pension of around €80. He always admitte...

Ok great. Perfect. That's much simpler if I can just add a second line 33 that runs longer than the original one. Thanks so much. :) :) :) I found the original calculation for the AfA Bemssungsgrundlage which apportioned 90% of the costs to the buildings and 10% to the Grund & Boden so I will us...

Oh this stuff is more complicated than I thought. It's like one of those Russian dolls lol but I really appreciate your time and patience Panda. So we can add the Notarkosten to the original Bemessungsgrundlage but not in their full amount because you can't depreciate the Anschaffungskosten for the ...

You're a star Panda. Thanks very much. A follow up question if I may...I found this (recent) court judgment related to Anschaffungskosten when gifting property. It says the following: letzte Aktualisierung: 22.8.2023 FG Münster, Urt. v. 24.3.2023 – 2 K 1801/22 E EStG § 7; HGB § 255 Abs. 1 AfA-Bemess...

I have another question as I am curious. What is that "Weitere Daten hinzufügen" button for? FireShot Capture 064 - ELSTER - ESt unbeschränkt (ESt 1 A) - 3 - Absetzung für Abnutzung f_ - [www.elster.de].png It opens up another window to add a second Zeile 33 entry, see below. If I don't us...

Ah ok. So these "new" Anschaffungskosten are added to the old amount and only run for (in my case) another 30 years (as I bought the apartment 20 years ago and it's a 2% per year one). I thought they might be considered "new" Anschaffungskosten and be depreciated independently of...

Thanks a lot Panda. You are a legend. I guess I add it under -> Anlage V -> 3 - Absetzung für Abnutzung für Gebäude (ohne Beträge in den Zeilen 36 bis 41) -> durch direkte Zuordnung ermittelt ? Do I simply add a new entry by clicking +Weitere Daten hinzufügen? Or do I need to somehow add this amount...

I recently (end of 2023) gifted 50% of an apartment I owned to my wife. The apartment is rented out. Do the Notar- & Grundbuchskosten count as Anschaffungskosten (to be depreciated with the AfA) or as Werbungskosten, to be written off in one or more tax years? That's assuming these costs are tax...