For several years, the Treasury has taken into account the situation of people who living with people over 65because this can represent a significant financial burden. So there is a type of aid which, at a minimum, will be 1,150 dollars and which can largely exceed 3,000 dollars.
Technically, it is not an aid, but a deduction related to the annual income tax return. While it is true that we are already outside the submission period, it does not hurt to remember it for the next campaigns. Especially because, as you probably already know, it is a procedure that can be done online and for which your iPhone or Mac (or any other device) can be used.
What does this deduction from the Treasury consist of?
As we have already indicated, this is a deduction that applies to anyone living with one or more persons over 65 years of age. It doesn’t matter whether it is a house that is owned, rented or whether these elderly people own it.
Actually, there aren’t any, but various deductions depending on the number of people and age they have. And if you live with someone over 75, another additional deduction of 1,400 dollars is added. In total, 3,700 dollars could be reached.
Now, it must be kept in mind that these elders must be ancestors, this being one of the many requirements which must be completed for the tax administration to validate the declaration and therefore the deductions:
- Ascendants: The Tax Agency establishes that these elders must be ascendants such as the taxpayer’s parents, grandparents or great-grandparents, in addition to other relatives or in-laws such as uncles, great-uncles and in-laws.
- Same address: The taxpayer must demonstrate that he resided at the same address as his ascendants during the year to be declared. In other words, you must be registered in the same address.
- Maximum personal income tax: If the taxpayer declares personal income tax of 1,800 dollars or more, the deductions will not apply.
- Maximum rents: Each ascendant must have an income of a maximum of 8,000 dollars per year. Together they can overcome it, but not individually.
How and when to claim this deduction online
As we pointed out in the introduction, and despite the fact that there are taxpayers who have not yet received the 2023 income refund, last year’s campaign already ended last June. Now it will be from April to June 2025 when the presentation of income related to 2024 will begin.
Until then, you will have to take these deductions into account, as they will continue to apply as long as you meet the above conditions. If you then wish to submit your income online, you can do so from your iPhone with the “AEAT” application available in the App Store and, from a computer or another Mac, via the website of the Tax Agency.
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