How can I claim my advertising expenses in the income tax return?
April 1, 2024 | 55,00 EUR | answered by Tatiana Herrmann
Dear tax advisor,
My name is Leon Schönecker and I am an employee in a company. In my income tax return, I would like to claim my business expenses in order to reduce my tax burden. However, I am unsure about which costs I can deduct exactly and how to correctly report them in the tax return.
Among my business expenses are travel costs to work, work equipment such as a laptop and office supplies, further education and seminars, as well as professional literature. I have diligently collected all receipts and invoices, but I am unsure if I have accounted for everything correctly.
My concern is that I may have forgotten to declare some costs or made errors in calculating my business expenses. I want to ensure that I make full use of all possibilities to minimize my tax burden.
Could you please explain to me which business expenses I can claim in my income tax return and how to correctly report them? Are there specific forms or attachments that I need to fill out? Are there any specific maximum limits or conditions that I need to consider? I would greatly appreciate your assistance and guidance in this matter.
Sincerely,
Leon Schönecker
Dear Mr. Schönecker,
Thank you for your inquiry regarding deductible expenses in your income tax return. As a tax advisor, I can assist you and explain which costs you can claim and how to correctly report them in your tax return.
Deductible expenses generally include all costs directly related to your professional activity and necessary to generate or secure income. These include, among others, commuting expenses, work tools such as laptops and office supplies, further education and seminars, as well as professional literature. It is important to keep all receipts and invoices carefully in case of an audit by the tax office.
To report your deductible expenses in the tax return, you will need the appropriate form for the "Anlage N". There you can enter the different deductible expense items and calculate the total amount. Make sure to itemize all costs correctly and do not forget any items. There are no specific limits for deductible expenses, but the expenses must be reasonable and verifiable.
In addition to the mentioned deductible expenses, you can also claim other expenses such as work clothing, job application costs, or expenses for maintaining a second household. Again, it is important to keep all receipts and evidence.
I recommend that you carefully research which costs you can deduct and how to report them correctly before submitting your tax return. If you have any uncertainties or questions, I am happy to assist you.
I hope that this information was helpful to you. Please feel free to reach out if you have any further questions.
Best regards,
Tatiana Herrmann
