IIS deduction for the year. Receiving a deduction for IIS through the personal account of the taxpayer. Tab "Declarant Information"
An individual investment account (IIA), unlike conventional brokerage accounts, allows you to receive guaranteed income from the state in the form of a personal income tax deduction in the amount of 13% of the amount of funds deposited (we wrote more about IIA in the article). This income is also called the investment deduction. In order to receive it, it is necessary to draw up a 3-NDFL declaration, attaching the necessary documents confirming both the presence of IIS and its replenishment during the tax period for which the declaration is submitted.
Fortunately, to complete this procedure today, it is not at all necessary to visit the tax authorities, wait in long lines for an opportunity to communicate with the employees of the Federal Tax Service, worrying every time that the documents are in order and they are accepted. With the advent of the service for filing a declaration in electronic form, the process of compiling and sending it has become much simpler, turning from paperwork into a certain pleasure. After all, it is always nice to receive money without wasting time and nerves. Indeed, under certain conditions (depending on the method of opening and replenishing the IIS, as well as on the deadline for submitting the declaration), the entire procedure for processing the investment deduction can be carried out without leaving home.
At the same time, filing a declaration through the electronic service of the Federal Tax Service raises many practical issues, primarily because the composition and format of electronic documents that are provided to the tax authorities instead of traditional "paper" documents are not fully understood.
This article is based on the real experience of one of our clients when using the electronic services of the Personal Account of the Federal Tax Service and contains the minimum set of actions required to file a tax deduction for IIS.
Deadline for filing an IIS declaration
The legislation sets a period from January 1 to April 30 for filing a declaration for the previous year, but it must be observed only if you had income that is required by law to be declared (for example, you rented out housing). If you only need to receive tax deductions (in the general case, there may be several), then you can file a declaration at any time during the year.
Of course, many prefer not to postpone the preparation of the declaration on the back burner, given that the term for its desk review is 3 months. In addition, the money received can be immediately reinvested, increasing both the size and the total income of the investor's portfolio. However, early filing also has its drawbacks. The fact is that to confirm the income described in the declaration, certificates 2-NDFL are used. They are present in the Personal Account in electronic form, but they do not appear there immediately, but as information about income is received by the tax authorities. Subject to regulations, last year's revenues appear in full only from June of the current year.
Thus, when submitting a declaration electronically, there are two options: do it immediately at the beginning of the year, while completing a number of additional steps in terms of collecting 2-NDFL certificates, or wait until June to avoid “paper work” as much as possible. In the first case, the tax deduction can be received on a bank account as early as April, in the second - not earlier than September. The choice, of course, is yours.
Documents for deduction on IIS
Here is the final list of documents that are necessary for the submission of the declaration in electronic form. In other words, what may need to be obtained “on paper” in advance, so that later there will be no problems at the stage of filling out the declaration and when considering it by the tax authorities:
Application for service in the financial markets (sometimes called the Master Agreement);
Notice of opening an individual personal account (this document contains specific details of the created personal account corresponding to the IIS);
2-NDFL certificates from each employer (only if the declaration is submitted at the beginning of the year, i.e. information on income for the last year has not yet appeared in the Personal Account);
Documents confirming the opening of the IIS:
Payment order or other document confirming the deposit of money to IIS (for each deposit during the tax period).
For documents confirming the opening of IIS, the exact name may differ depending on the broker. Therefore, if you have doubts about the need to provide a particular document, then it is better to provide it, because. scanning an extra document is easier than taking it to the tax office (if the declaration is not accepted, then you will most likely have to resolve all issues “on the spot”).
Nevertheless, in order to save you from unnecessary work, here is a list of documents that are not required to be provided when applying for an investment deduction, because. the practice of communicating with the tax authorities shows that they are not necessary:
Documents for registration of electronic signature
Documents for connection to the QUIK remote access system
Broker reports (order registers)
Risk Notice
Bank details of the client
As for the document confirming the replenishment of the IIS, its availability with you depends, first of all, on how the money was deposited. If you did this at the broker's office (for example, immediately upon opening the IIS), then the document should be in your hands. In other cases, you need to go to the broker and get the appropriate "paper", certified by the seal.
Thus, if you draw up a declaration no earlier than June (electronic certificates 2-NDFL are available in your Personal Account) and you have a document confirming the deposit of money into IIS during the tax period, then the entire procedure for filling out and sending the declaration can be carried out without leaving from home. In other cases, you will be required to first obtain and scan (or photograph in good quality) the missing documents.
Declaration on IIS
First we get to the authorization form. The most convenient way is to enter through the portal "Gosuslugi". If you do not have an account on this portal, we recommend that you get one, because. There are a lot of useful services and they are constantly developing. However, various authorization options are possible on the FTS website, all of which are described in detail in the section "How to access the service".
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All the necessary services are in the "Life Situations" section. First of all, to submit any documents in electronic form, you must obtain an electronic signature (ES):
If you already have an ES registered in your Personal Account, you can immediately proceed to step 5.
After going to the section for obtaining an ES, you must select the option for storing an electronic signature. It is recommended to leave the default option (storage in a secure system of the Federal Tax Service of Russia), in which case you will be able to use the received ES on any device during the year.
Below are your main details as the owner of the electronic signature. As a rule, they are filled in automatically, if you indicated them earlier on the State Services portal, you just need to check the correctness. If something needs to be corrected, then this can be done in the "Contact Information" and "Personal Data" sections, which are located on the top of the same form.
After checking the correctness of the details, you must enter the password for the ES certificate, and then send a request to create it.
As a rule, the generation of an ES certificate takes a long time (depending on the mood and the current load of the FTS servers, the process may take several hours). Unfortunately, the Personal Account does not allow you to perform further steps to fill out the declaration without an ES, so we recommend that you do not sit waiting at the screen, but simply return to the Personal Account after a while. You can always find out about the readiness of the ES certificate on the same form where the request for its receipt was sent:
After making sure that the ES certificate was successfully received, we again go to the "Life situations" section and click "Submit a 3-NDFL declaration" (we use any of the links, since it occurs several times). In the form that appears, select the action "Fill out a new declaration online":
First of all, you must select the year for which the declaration is submitted. At the time of writing this article, income statements up to and including 2017 were available, so the entire example is based on filling out a declaration for this tax period:
In the next step, as a rule, nothing needs to be changed. If you had income from foreign sources, then you must check the appropriate box:
The next step is to mark the types of tax deductions you want to receive. In addition to the investment deduction, to which this article is devoted, all kinds of social deductions are very often used. For example, if you underwent paid treatment, do not be too lazy to ask the medical institution for the necessary documents (contracts with acts, checks, a certificate for submission to the tax authorities, a copy of the license) in order to get an additional pleasant bonus to your investment deduction.
The next step is to indicate the taxable income that was for the reporting period. It is on the basis of them that the final amount of the deduction will be formed, because it should not exceed the amount of taxes paid to the budget.
According to Art. 29, clause 4 of the Tax Code of the Russian Federation, it is allowed not to indicate in the declaration the income from which the tax was fully withheld by the tax agent (the organization that paid you these incomes), if this does not prevent the receipt of tax deductions provided for by law. Based on this, we can answer one of the most popular questions among novice investors: is it necessary to indicate income received in the form of dividends in the declaration, because tax is also withheld from them? The fact is that tax deductions are not applied to income in the form of dividends at all, since they are positioned as income from equity participation in organizations (Article 210, clause 3 of the Tax Code of the Russian Federation). Accordingly, an indication in the declaration of dividends is not required and does not make any sense if the broker conscientiously withheld tax from them. The situation is quite different with income received, for example, in the form of wages. If they are not indicated in the declaration, referring to the fact that the employer has already withheld tax from them, then this will prevent them from receiving a tax deduction (simply speaking, there will be nothing to “deduct” from them).
As we already wrote at the beginning of the article, closer to the middle of the year, information about income for the previous year appears in the Personal Account. In this case, not only does the need to obtain “paper” 2-NDFL certificates disappear, but automatic filling in the income declaration becomes available. Thus, the most labor-intensive step of income tax return can be reduced to just pressing one button. Real magic!
If you, as a conscientious taxpayer, decide to file a declaration at the beginning of the year, then you should have prepared 2-NDFL certificates from each employer in advance. You must manually transfer information about income from there using the actions on the form "Add source", "Add income". Below is an example of filling.
Finally, we can move on to the fun part of completing the declaration. At this step, the amount of the investment deduction is indicated (the amount by which the IIA was replenished during the tax period), as well as other tax deductions, if they were noted at step 8. Scans of supporting documents are attached to each of the deductions. We described in more detail the necessary documents for the investment deduction at the beginning of the article. You can also attach scans of 2-NDFL certificates here, if the declaration is submitted at the beginning of the year, in order to avoid unnecessary questions and clarifications from the tax authorities later.
After filling in the information on deductions and attaching the necessary documents, we proceed to the final step, where you need to finally check the declaration before sending it. To begin with, you can see the total amount of the tax deduction and disclose in detail all the components from which it was calculated. We remind you that the maximum amount of the investment deduction is 52,000 rubles, however, if there are social and other types of deductions, the total amount may be higher.
If necessary, you can view the declaration in printed form, saving it in pdf format.
Below the form is a list of files attached in the previous step. Then you can enter the password for the ES certificate, which was specified in step 4, and send the final declaration.
In order to receive the investment and other deductions indicated in the declaration to a specific bank account (which must necessarily belong to the taxpayer), it is necessary to file an application for the refund of the amount of overpaid tax, indicating the details for payment there.
You can do this in your Personal Account in the "My taxes" section. As a rule, immediately after the electronic declaration is received by the tax authorities, the “Overpayment” section becomes available with the amount of the received tax deduction and the “Dispose” button. Accordingly, it is not necessary to wait for the end of the desk review of the declaration. The functionality of the Personal Account allows you to both offset the overpayment against tax debts, and specify bank details for receiving "on the card".
The results of a desk review of the declaration, as well as the processing status of other documents (including applications for a return) can be tracked in the Personal Account in the "Messages" section:
Ultimately, the desk review should move to the “Completed” status:
As for the application for the refund of the amount of overpaid tax, a response from the tax authority must also be generated on it. However, you will most likely find out about a positive decision before the answer appears in your personal account, having seen the receipt of money in a bank account.
If for some reason the information and statuses in the Personal Account are not updated within the specified timeframes (the tax authorities have 3 months for a desk audit of the declaration and another 1 month for the payment of a tax deduction), you can always send an appeal to the Federal Tax Service in any form, not necessarily To do this, call or visit. It is enough to go to the “Other situations” subsection in the “Life situations” section. After clicking on the link “There is no suitable situation”, a form will open for entering an arbitrary appeal to the Federal Tax Service. After sending it, you must provide a response within 30 days.
We go to the website of the Federal Tax Service www.nalog.ru, and in the section "Individuals" go to the Personal Account:
findings
As you can see, filing a tax deduction for IIS does not pose any difficulties if you know the basic nuances of using the Personal Account of the Federal Tax Service and clearly understand what documents will be required from you. If earlier it was required to allocate at least half a day to collect all the necessary documents and “go” to the tax office, now, with the advent of modern electronic services, it will take no more than an hour, which is definitely worth the earned 52,000 rubles.
We hope that this article will help you save a lot of time.
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Before each of us sometimes the question arises, what to do with the money earned. Interest on deposits is low, barely covering inflation. Banks lose their licenses and there are problems with the return of hard-earned money. Exchanges frighten with their mystery. The words "margin" and "spread" cause mystical horror.
Since 2015, a new tool for making a profit has been launched in Russia. These are customized. They are suitable for beginners and professionals, they promise 15-20 profits. One of the advantages of such an investment is the receipt of a tax deduction for IIS.
What is IIS
This is a special trust account for an individual. It has tax benefits and some restrictions. The client entrusts his money to brokers or banks for management. The credited money can be used in the stock market for profit. IIS has the following features:
- Each person can have only one investment account.
- Tax credits are due only after 3 years.
- The maximum duration is not limited.
- IIS can be closed at any time. In this case, you won't be able to use it.
- Partial withdrawal is allowed.
- The validity period is calculated from the moment of opening. You can simply open an account and deposit money later.
- The maximum amount for IIS is 1 million rubles. But only 400 thousand rubles are taken into account for the deduction. The maximum possible amount will be 52 thousand rubles.
- IIS provides an opportunity to earn on the purchase of various assets, stocks, bonds. And you can just limit the tax deduction.
The state supports IIS in order to increase the inflow of resources into the economy. In addition, they should encourage the population to accumulate, to create a safety cushion. And long money is the most important resource. IIS funds can be traded only on Russian exchanges.
Types of tax deductions
Investors are offered two types of tax deductions, on contribution and on income. Which view to use is up to you.
The deduction on the contribution offers at a rate of 13%. The maximum amount from which the benefit is accrued is 400 thousand rubles.
The money is paid out the following year for the year in which the contribution was made, but not earlier than 3 years after the opening of the account. If brokerage profit is received during the existence of the account, then taxes must be paid from it. If you received a deduction and closed the account without paying tax, you need to pay it later. Otherwise, a large fine is possible.
This type of deduction is suitable for officially working people who pay personal income tax and do not conduct active market activities.
IIS features
The income deduction exempts the owner from taxes on income received with the help of IIA. There are no restrictions on the amount in this type of deduction. It is beneficial for people who earn significant incomes to take advantage of this.
Compared to a conventional deposit, IIS is undoubtedly more profitable if you plan to invest for a long time. Banks keep cutting interest rates. If the rate is 5% higher than the rate of the Central Bank, then dividends from the deposit are also subject to taxation. IIS have benefits that can significantly increase your income. The IIS tax deduction is one of the advantages.
Many are afraid of a long period of three years, for which it is necessary to open a deposit. But we must remember that you can open an account in advance without investing a penny. Then, when free money appears, you can invest it. Three years will be counted from the date of opening
Getting a tax deduction for IIS
In the first quarter of the current year, you must submit a declaration on your accounts to receive a deduction for the past year. IIS allows you to get a deduction of 13% for personal income tax from the invested amount. To do this, you need to understand what to do to design it. This is a simple procedure and does not take much time.
Documents for tax deduction of IIS
To receive a deduction, you must have the following documents:
- Withdrawal application.
- Declaration 3NDFL.
- Register of documents.
- Certificate of 2NDFL from the employer.
- Papers from a broker about the opening of IIS and the availability of money (agreement, receipts, reports).
Declaration
First you need to draw up a declaration on the investment account. To do this, the website of the tax office has a program that will help you do it quickly and not make annoying mistakes. Installing it on your computer is very easy.
After installation, you must complete all the required sections. Initial conditions are set by default. The number of your tax office can be determined by the area of residence in the drop-down list or found in a search engine.
The next step is to fill in the information about the declarant. If this is not done, the program will remind you of this.
All required sections are filled in, otherwise it will be impossible to move forward.
The OKTMO code that needs to be entered can be found on the website of the tax office at the appropriate link.
The next step is to fill in information about income received over the past year.
Here it is necessary to indicate the source from which the payments were made. We indicate the name and details of the employer and mark the option for calculating standard deductions. If there were several employers during the year, then all are indicated.
Income must match the amount in the 2NDFL certificate to the penny.
Fill out the standard deduction form
In this tab, you need to specify what is right for you. If you have social (for charity, treatment and education) and property deductions, then the corresponding tabs are filled in.
After that, we proceed to the form "IIS tax deduction".
Of the four subsections, you must select the one that relates to the investment deduction. Next, you need to enter the amount you contributed over the past year.
All information must be checked and if everything is correct, print. When printed, it will be about 6 pages on standard forms.
Step-by-step instruction
Summarizing all of the above, we will determine the sequence of actions for obtaining a tax deduction for IIS. Below is a step by step guide.
Step-by-step instructions for the IIS tax deduction:
Step 1. We receive a 2-NDFL certificate from all employers (originals).
Step 2. We receive documents from the broker.
Step 3. We prepare a 3-personal income tax return.
Step 4. We write an application for a deduction in two copies. One is given to the tax office, and the second, with the signature of the inspector, remains with you. Forms can be downloaded online or obtained from the tax office. Be sure to know the details of your account, to which the refund will be credited.
Step 5. We draw up a register of documents in two copies. One copy remains in your hands, the second is given to the inspection.
Step 7. We form a package of documents and submit it to the tax office. If there are additional tax deductions, then we include contracts and documents for treatment, education, purchase of real estate (copies).
Step 8. We hand over the documents to the tax office.
Advantages of IIS
IIS appeared only in 2015. For most customers, this is exotic. We are used to using bank deposits. At first glance, they are very similar, but there is an important difference. When we place money on deposit, the bank promises a fixed percentage. This percentage directly depends on the Central Bank rate, and now it mostly fluctuates around 8%. Banks offering exorbitant interest are unreliable, you should not contact them.
IIS can be managed in different ways. If you do not want to take risks, you can use the risk-free scheme, place money on IIS and receive a profit in the form of tax refunds.
If you make large transactions in the market and receive a large income, then the second type of tax incentives will completely exempt you from paying them. You don't have to hide your profits. IIS are supported by the state, which guarantees their reliability.
By IIS? It depends on which type of tax relief you decide to take advantage of. One type allows you to receive a tax deduction annually. The second type generally exempts from paying taxes on income when the account is closed.
What tax deduction you choose when opening an IIS depends on you.
Choosing a broker to open an IIS
An individual investment account has clear, legally prescribed rules that are the same for all participants. Brokers are able to compete only by offering additional services and convenience to depositors. Therefore, when choosing a company, you need to carefully consider what it is and what it offers. Reputation in the financial sector is of great importance.
You need to know how long it has been on the market, whether there are necessary licenses, whether there have been scandals and complaints. In addition, you need to ask:
- Ease of opening an account.
- Ease of organization of work (availability of communication with a broker, terminals, etc.).
- Access to various financial instruments.
- Service cost.
- The possibility of transferring profits to a bank account.
- Minimum initial deposit.
- Various ready-made solutions.
The answers to these questions will help you make the right investment choice.
Maintenance cost is an important characteristic. You can evaluate its benefits only if you know exactly how you are going to use IIS. In one case, it can nullify your profit, in the other, it can turn out to be quite small.
How easy it is to open an account, is it possible to do it remotely or do you have to go to the bank, is also important. This is especially important for small towns, where there may not be a broker's representative office.
The organization of the withdrawal of money can provide a legitimate opportunity to receive income ahead of time.
We hope that the article on IIS, tax deduction, will allow you to make the right choice.
Investment tax deduction appeared relatively recently. The opportunity to receive the amounts due on financial actions arose at the beginning of 2016. From that moment, many questions began to arise.
It is for this reason that citizens need to know how the investment tax deduction in 2018 is made and what are the nuances in its execution and calculation.
The investment balance deduction is a type of compensation that allows the holders of established financial accounts under the IIA program to receive a percentage of the amount of the tax deduction. A number of aspects have been identified that should be guided.
The main ones, which include the IIA deduction, include the possibility of issuing a calculation for investors who are not in the state, but in the private field. This category of citizens has become the main direction for the development of the ISS system since 2016.
Legal regulation of the investment balance
The Tax Code of the Russian Federation regulates the investment tax deduction by a number of articles. The items related to it are also highlighted.
When calculating a tax deduction, citizens should be guided by and refer to the norms given in the Tax Code of the Russian Federation, and not to references to competent publishing houses and magazines.
Art. 219.1 regulates investment tax deductions of the tax code in terms of carrying out the calculation algorithm for the generated balance sheet. The norm regulates subsidies in case of positive financial action directed to investing in securities.
Paragraphs 2 and 3 of this article indicate the amount of the deduction being made - 13% and prescribe the conditions under which a person can be completely exempt from paying personal income tax when making financial transactions.
Persons eligible to claim a deduction
The 2017 investment tax deduction received a number of additions to the main list of citizens who have the opportunity to receive settlements from the Federal Tax Service.
As already noted, all citizens of the Russian Federation engaged in trading various types of financial assets in the form of papers are entitled to receive an investment tax deduction. This form of financial assets is classified as property. Therefore, when making a transaction for the sale of such assets, a person must pay tax to the budget.
This also included investors who not only own shares and bonds and are engaged in their implementation, but also citizens who are directly involved in trading on the stock exchange. After the expansion of the norm, all participants and holders of securities in the stock system are the main categories of citizens claiming deductions on the investment balance.
How is the calculation carried out
The amount of the investment tax deduction is based on the declaration provided by the holder and the trader. The procedure itself, according to which the calculation is made on the basis of the submitted declaration, is carried out according to the state in which the investment accounts of citizens are located:
- with contributions at the time of signing the contract;
- for all funds received;
- received a deduction for previous months;
- by closing the investment balance before the date set in the contract, namely within the first three years.
Based on the indicators presented on the investment accounts of a citizen, accurate calculations of deductions will be given.
When using personal income tax on the account, the calculation procedure will be as follows:
- all conditions for placing funds on accounts are determined;
- at the end of the term of the contract, it is terminated;
- the account holder submits a statement indicating that the deductions were not received earlier;
- There will be no tax withholding on the basis of the received statement.
Calculation procedures may vary based on the grounds for the maintenance of investment savings
Where do you get deductions?
It is the IFTS that is the main government entity that performs the regulatory function in the monitored area. In the department at the place of registration of a person, consultations on the account are carried out. If you need statements confirming the absence of transactions from investment accounts, you should also contact the tax office.
If the account holder works through an intermediary in the person of a broker, then under a trust management agreement, all documents will be transferred to him. Based on the securities received, brokers send requests for tax deductions from the investment accounts they supervise from the Federal Tax Service.
What are the legal grounds
The investment tax deduction for fixed assets received from personal income tax is transferred to the account holder, subject to the main rule prescribed in the contract. It is not a violation of the terms of the IIS contracts. It equals 3 years.
There are a number of points that make it impossible to receive payments due to the holder:
- the contract was terminated by the citizen ahead of schedule;
- transactions were carried out aimed at cashing out money placed under agreements on IIS;
- the methods of obtaining investment tax deductions have been changed;
- investors have missed the deadline for applying for investment tax credits.
It is important to comply with the deadline set by law. It is 3 years after the termination of the IIS contract.
The current procedures for receiving deductions are controlled by the following rules:
- receive deductions only from the amount on the ISS, not exceeding the established amount of a maximum of 400,000 rubles;
- providing the IFTS with statements proving that the money was credited;
- the holder can have only 1 IIS;
- you can receive no more than 52,000 rubles under the agreement in the form of investment tax deductions;
- the holder has a permanent source of income, from where personal income tax is collected at the expense of the state.
Subject to the established rules, investment tax deductions will be available after the end of the contract.
How deductions are calculated
Investment tax deduction for personal income tax is made using established algorithms and rules. In general order, they look like this:
- not only holders receive funds, but also their non-working close relatives;
- you can make a settlement and pay money after the end of the contract;
- when using deductions earlier than the established date of the end of the contract, all funds are subject to recalculation.
The deduction is issued no more than 1 time in 12 months by transfer of funds, or in the form of non-payment of personal income tax from the profit received.
illustrative examples
Common examples of investment tax deductions are quite simple. The operation when accruing completely when calculating depends on the current indicators of funds from the holder of the IIS.
Here are 3 commonly used methods:
- The return of a part of the investments of previously made investments. It is convenient to use with small amounts. If funds up to 400,000 rubles were placed, an application is submitted every 12 months. With an annual salary of 500,000 rubles and funds for ISS of 300,000 rubles, the payment will be 39,000 rubles.
- Elimination of income tax deductions. You need a statement confirming that the deduction was not withdrawn earlier. If money was invested in the amount of 800,000 rubles, and a total of 1.2 million rubles was received from them for 3 years. It is for this amount that an application is submitted for the abolition of the obligation to pay personal income tax.
- Income received from transactions of sale and purchase of valuable financial assets. When the holder put 1 million on the IIS and increased the income by trading up to 2 million rubles, the deductions can be abolished. The main reason is the ownership of the purchased shares at the first purchase longer than the validity period of the IIA. In addition, the amount of 2 million rubles is less than the amount established on the basis of the SEC coefficients.
Calculations of investment tax deductions are carried out exactly according to the presented three options. If the holder terminates the contract, he will not be entitled to receive investment tax deductions. Only if the established rules are observed is it possible to claim benefits and payments.
How deductions are issued to holders under the law
The investment period to receive income from the IFTS is 36 months, starting from the day when the IIA contract was closed. If the deadline is missed, the owner will not be able to receive the due settlement payments.
How to get investment tax deductions for existing systems through personal income tax?
The following procedure is required:
- Apply to the Federal Tax Service with an application for a certificate confirming that the citizen did not receive tax deductions for the past year.
- Submit the resulting statements to your broker.
These are all the actions that a citizen needs to perform. Further, the rest of the tasks will be performed by the broker.
Required Document Types
You will need to provide papers of the following sample:
- an agreement on the provision of services for servicing an open IIS with a brokerage company;
- a certificate received from the IFTS that the required amount of money is on the balance sheet;
- completed 2-personal income tax from the applicant's income for the past year;
- 3-personal income tax with all details and calculations.
Attached to the package of papers is a request for investment tax deductions from the department of the Federal Tax Service.
Important points upon receipt
Investment tax deductions for 3-personal income tax will be active only 36 months after the signing of the agreement. You can receive a maximum deduction once in 12 months. After termination of the contract, the period of receipt is 36 months.
When opening an IIS and depositing funds into the account, they cannot be withdrawn and withdrawn during the period valid under the contract. If this prescribed and basic condition is violated, then the right to receive an investment tax deduction is abolished.
Part of the operations is carried out by the broker himself when maintaining the account. It is important to reflect in the service agreement all the requirements and rules according to which this procedure will be carried out. Funds can be credited to the holder's account in large amounts, however, the right to receive a tax deduction limits the amount of funds when handling from a maximum amount of up to 400,000 rubles.
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So, you have entered into an agreement with a broker, opened an individual investment account and put money into it. It's time to earn an income.
Roman Koblenz
private investor
We will need to go through three stages: establish contact with the tax office, submit documents and receive a decision on the deduction.
What is it about
We are talking about tax deductions and benefits that are given under the program of individual investment accounts. The state wants you to invest a lot and well, so it makes more favorable investment conditions for you than with ordinary brokerage accounts.
IIS is a type of brokerage account, only with special tax benefits.
The IRS gives two types of IIA deductions: either it deducts your investment from taxable income, or it doesn't tax your investment income. The first option is the most popular because it adds 13% to your profitability.
To use state bonuses, you need to take into account some nuances - we wrote about this. Read it first if you do not understand what it is about.
Register in your personal account on the website of the tax
Since the deduction is tax, you will have to communicate with the tax office. Here's how it happened for me.
I called just in case and asked about the username and password from my personal account. I was told that I can come to any tax office for them and that I need to take my passport with me. You also need to know your TIN. If you go to the branch of the Federal Tax Service at the place of residence, then you only need a passport, and it is not necessary to know the TIN.
I went to the local branch of the Federal Tax Service, took a coupon there in an electronic queue. My number popped up almost immediately. Do not be afraid of crowds in the Federal Tax Service: even if there are a lot of people, they do not stand in the same line. I told the operator at the tax office that I came for the data for my personal account, gave my passport and three minutes later I received a sheet with a login and a temporary password for my personal account on the tax website.
At home, I logged into my personal account using my username and temporary password. I had to wait about three days until all the information appeared in my personal account: objects of taxation, 2-NDFL certificates, and so on.
If you have an account for public services and your account is verified, you can enter your personal account on the tax website through it. If you do not have an account for public services, you will also have to confirm it personally
What can be done through a personal account on the website of the tax
- See all your objects of taxation and the amount of taxes accrued on them.
- See all amounts of paid and unpaid taxes. You can pay online.
- Receive tax reports.
- Form declarations in the form 3-NDFL.
- Submit tax returns.
Get an unqualified electronic signature
A tax return is an official document that must be signed by you. If you submit your declaration online, it must be signed electronically.
You can also get an electronic signature certificate in your personal account on the tax website, for this you need to go to your profile and select the "Get ES" tab.
You will be asked to enter a password to access the electronic signature certificate. This is the main thing to remember, otherwise you will be tormented to restore.
After that, you can fill out documents for deduction for IIS.
This signature is unqualified
Important: the electronic signature that can be obtained on the tax website is unqualified. This is the simplest electronic signature. She cannot sign any other documents, except for documents on the tax website.
We will write a separate article about a qualified electronic signature.
Preparation of documents
To receive a deduction for IIS, you need to submit a 3-NDFL declaration to the tax office along with a package of documents. Here's what to collect.
Certificate of income in the form 2-NDFL for the year in which you contributed money to the IIS. It confirms that you received income and paid tax at the rate of 13% in this tax period. Help can be obtained from the accounting department at the place of work.
From 01/01/2019, the 2-NDFL certificate is called "Certificate of income and tax amounts of an individual"
Scan of the agreement on opening a brokerage account. This may be an agreement on the maintenance of IIS, an agreement on brokerage services using IIS, an application, notification or notice of accession to the regulations or a brokerage agreement using IIS, or a general agreement. Each broker has a different name for this document.
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Confirmation of the transfer of funds to the IIS. If the money was paid in cash to the cashier, this is a cash receipt. If money was transferred from a bank account, this is a payment order. If the money was transferred from another brokerage account, this is an instruction to transfer funds and a broker's report.
For example, Roman deposited funds at the bank's cash desk, and the bank, on his behalf, transferred money to a broker for crediting to IIS. At the bank's cash desk, he was given a cash receipt and a receipt, which he attached to the declaration. 
We fill out the declaration 3-NDFL
You can also fill out a tax return on the tax website. To fill out the declaration in the "Life situations" section, select the item "Submit a 3-NDFL declaration":
The declaration can be filled out on the Internet, or you can download a file created in the Declaration program. For example, we will fill in the Internet.
Filling out the declaration on the Internet is simple and intuitive. First, select the year for which you are filing a declaration. You need to choose the year in which you deposited money for IIS. Also at this stage, information about the taxpayer is automatically filled in.
At the third stage, you need to choose the deductions that will be declared in the declaration. The IIA deduction refers to investment deductions, they should be ticked.
After that, in the fourth step, fill in the income data. If your withholding agent - usually an employer - has already submitted annual returns, you can download income data from the data that he submitted to the tax office. To do this, tick the employer and click the "Fill from the certificate" button.
If your employer has not yet submitted reports, you will have to fill out the section manually based on your 2-NDFL certificate.
After that, you must indicate the amount of the investment deduction, that is, the amount of money that you contributed to the IIS for the year. This amount cannot be more than 400 thousand rubles. Here you also need to upload scans of supporting documents: certificates 2-NDFL, an agreement on opening an IIS and confirmation of the transfer of money to it.
At the last step, you will be shown the amount of tax to be returned. It remains only to enter the password for your electronic digital signature and click the "Confirm and send" button. Congratulations, you have submitted your application.
Sending an application and waiting for a response
A completed declaration will not yet return your money to the account: it will only confirm your right to return. You need to submit a tax return request.
Some time after you send the completed 3-NDFL declaration, information about the amount of tax overpayment will appear in the "My taxes" section of your personal account. In the same line there will be a special button - "Dispose".
If you do not have tax debts, you can receive the amount of the refund to your bank account, the details of which are indicated in the same section.
You have to wait an average of four months for money. Three months is the official term for consideration of the declaration from the date of its submission.
The return itself must be made within one month from the date of filing the application for a return, but not earlier than the completion of the consideration of the declaration.
Results
Getting a deduction through the tax website is much easier and clearer than it might seem. And my only trip to the Federal Tax Service was very useful, because access to my personal account will come in handy many more times.
This article will be of interest to those who are interested in investing their money, as well as how to get money from the state. Of course, we have not forgotten about the employees of the accounting department of banks, brokerage companies and other financial organizations who are tax agents when calculating personal income tax and deductions for transactions subject to accounting for IIS.
What is an individual investment account
First, let's clarify that an individual investment account (IIA) is an account designed for separate accounting of funds, securities of a client - an individual. Such an account is opened and maintained in accordance with Art. 10.2.-1 of the Federal Law of April 22, 1996 N 39-FZ "On the Securities Market".Under the IIS maintenance agreement, only funds can be transferred by the client, with the exception of cases when funds for IIS are transferred from another IIS.
At the same time, the total amount of funds that can be transferred during a calendar year under such an agreement cannot exceed 1,000,000 rubles.
An individual is entitled to have only one contract for the maintenance of IIS.
There are some restrictions on transactions reflected in the IIS. For example, it is not allowed to purchase federal loan bonds intended for the population - OFZ-n (53001RMFS) on IIS. Also, operations carried out as part of the activities of a forex dealer are not allowed.
Investment deductions
The RF Tax Code provides for three types of investment deductions. For IIS transactions, two of them are provided (optional):For the amount of funds deposited on IIS, but not more than 400,000 rubles. (the deduction limit in the amount of 400,000 rubles remained, despite the increase in the size of the allowable contribution to the IIA to 1 million rubles);
For the amount of a positive financial result obtained from transactions recorded in IIS.
1. Deduction for the amount of money deposited on IIS
In this case, the amount of personal income tax to be returned for the year may be 52,000 rubles, if at least 400,000 rubles are deposited on the IIS. and if the annual income of the taxpayer, taxable at a rate of 13%, amounted to at least 400,000 rubles.
If the contract for maintaining IIS was valid for less than three years, then an individual needs to restore the amount of personal income tax for previous years that was not paid due to the application of the deduction and pay it to the budget along with penalties.
The deduction can be claimed annually during the term of the contract for the maintenance of IIS, subject to replenishment of funds for IIS. Profitability from operations on the IIS account does not matter.
Receiving a deduction is possible at the end of the calendar year in the tax authority, providing:
- tax return in form 3-NDFL;
- an agreement with a broker (trustee);
- documents confirming the transfer of funds to the IIS.
To receive investment deductions, the IIS must be valid for at least 3 years.2. Deduction for the amount of a positive financial result obtained from transactions recorded on IIS
There is no limit on the amount of the deduction. The deduction can be used at the end of the contract for the maintenance of IIS (at least three years!). You can choose to receive a deduction in one of the following ways:
- at the tax agent on the date of closing the IIA, submitting, along with the relevant application, a certificate from the tax authority stating that this IIA is the only one, and no deduction was provided in the amount of investments in the IIA. The tax agent will reduce the tax base from IIS transactions by the amount of the deduction.
- in the tax authority by submitting a tax return in the form of 3-NDFL at the end of the year.
Pay attention to this feature in terms of income in the form of a bond coupon. If the coupon is included in the sale price (revenue), then such income is taken into account when calculating the investment deduction. If the coupon was received from the issuer during the period of holding the bond, then such income is not income from the sale and is not included in the calculation of the investment deduction (Letter of the Ministry of Finance dated 08.29.2017 N 03-04-06 / 55349).
Calculation of the tax base
The procedure for calculating the tax base for transactions recorded on the IIS is similar to the procedure for calculating the tax base for transactions recorded on ordinary brokerage accounts. The main feature is that the calculation of the tax base is carried out separately from other brokerage accounts.Recall that the tax base for transactions with securities and transactions with derivatives is determined in accordance with Article 214.1 of the Tax Code of the Russian Federation. Features of determining the tax base for transactions reflected in IIS are established in Art. 214.9 of the Tax Code of the Russian Federation. The financial result (tax base) is defined as the sum of financial results for sets of operations. The Tax Code of the Russian Federation distinguishes, in particular, the following sets of operations:
1) with securities circulating on the OSM;
2) with securities not circulating on the securities market;
3) with derivatives circulating on the organized market;
4) with derivatives not traded on the organized market.
The financial result on transactions recorded in IIS is determined by summing up:
Financial results determined on the relevant transactions at the end of each tax period of the contract for the maintenance of IIS,
The financial result determined as of the date of termination of the specified contract.
The procedure for offsetting losses between sets of transactions:
Tax base that can be reduced by a loss | Type of loss |
For operations with derivatives circulating on the organized market, if their underlying assets are securities, stock indices or other financial instruments (stock derivatives) | |
On transactions with securities circulating on the OSM | For transactions with derivatives circulating on the organized market, if their underlying assets are securities, stock indices or other financial instruments (after reduction of the tax base for transactions with all derivatives circulating on the organized market) |
For operations with all derivatives circulating on the organized market | For operations with derivatives circulating on the organized market, if their underlying assets not are securities, stock indices or other financial instruments ( Non-equity derivatives) |
Result from operations with securities | Result from operations with derivatives | Netting result |
||
Stock | Non-stock |
|||
| Help in the form 2-NDFL, including: | ||||
| Σ = (1) + (2) + (3) | ||||
| 2-NDFL: Σ = (1) - [(2) - (3)] (if Σ>0) | ||||
| or: | ||||
| Loss statement: Σ = (1) - [(2) - (3)] (if Σ<0) | ||||
| 2-NDFL: Σ = (1) + [(3) - (2)] | ||||
| 2-NDFL: Σ = (1) + [(2) - (3)] | ||||
| 2-NDFL: (1) | ||||
| and | ||||
| Loss statement: Σ = [(3) - (2)] | ||||
| Loss statement: (3) | ||||
| 2-NDFL: Σ = (1) - (2) (if Σ>0) | ||||
| or: | ||||
| Loss statement: (3) + [(2) - (1)] (if (2) > (1)) | ||||
| 2-NDFL: (3) + [(2) - (1)] | ||||
| 2-NDFL: (3) | ||||
| Loss statement: (1) Σ = [(2) - (1)] | ||||
| Loss statement: (1), [(2) - (3)] | ||||
| 2-NDFL: [(3) - (2)] | ||||
| and | ||||
| Loss statement: (1) | ||||
| Loss statement: (1), [(3) - (2)] | ||||
| 2-NDFL: Σ = [(2) - (3)] - (1) (if Σ>0) | ||||
| or: | ||||
| Loss statement: (1) Σ = [(2) - (3)] - (1) (if Σ<0) | ||||
| Loss statement: (1), [(2) + (3)] | ||||
The amounts of losses received by an individual from transactions with instruments not circulating on the OSM do not reduce the tax base of the current tax period.
Amounts of loss that, as of the expiration date of the IIA contract, were not taken into account when determining the tax base are not taken into account, i.e. such losses can never be offset.
Calculation, deduction and payment to the budget of the amount of tax in respect of income from transactions recorded on the IIA are carried out by the tax agent in the following cases:
1) on the date of payment to the taxpayer of income (including in kind) not on the IIS of the taxpayer - based on the amount of the payment made (for example, when a coupon, partial redemption or dividends on securities accounted for on the IIA are credited to a brokerage account);
2) on the date of termination of the contract for the maintenance of IIS, except for the case of transfer of all assets recorded in IIS to another IIS opened to the same individual.
The tax agent is obliged to pay the calculated amount of tax to the budget no later than one month from the date of payment of income or the date of termination of the contract.
Upon termination of the contract for the maintenance of IIS, the tax agent determines the tax base separately for each tax period in which the contract for the opening and maintenance of IIS was in force.
Operations with currency, operations in currency
By itself, the exchange rate difference does not generate income subject to personal income tax. At the same time, when calculating the tax base for transactions made in foreign currency, the following should be taken into account.
Income (expenses accepted for deduction in accordance with Articles 214.1, 214.3, 214.4, 214.5, 218 - 221 of the Tax Code of the Russian Federation) of a taxpayer expressed in foreign currency are recalculated into rubles at the official exchange rate of the Bank of Russia established on the date of actual receipt of these income (date of actual implementation of expenses).
When determining the tax base for transactions with securities denominated in foreign currency, the financial result is determined by converting into rubles:
Amounts received from the sale of securities at the exchange rate of the Bank of Russia effective on the date of actual receipt of income from the sale of securities,
The amounts paid upon their acquisition, at the exchange rate of the Bank of Russia effective on the date of actual expenditure on their acquisition.
With regard to REPO transactions, interest received / paid is recognized as income / expense on such transactions. The date of receipt of income (implementation of expenses) under the REPO operation is the date of actual fulfillment (termination) of the participants' obligations under the second part of the REPO. At this moment, the exchange rate of the Bank of Russia is determined for converting income / expenses into rubles.
If there are no rubles for IIS
The tax agent is obliged to withhold the calculated amount of tax from ruble funds of the taxpayer, which are at the disposal of the tax agent, based on the balance of the client's ruble funds on the relevant accounts, formed on the date of withholding the tax.Withholding the amount of tax in relation to the tax base determined by the tax agent for transactions not recorded on the IIA from the taxpayer's funds placed on the IIA is not allowed.
The withholding of tax amounts from the taxpayer's funds in foreign currency, as well as the forced conversion of funds in foreign currency into rubles, are not provided for by Article 226.1 of the Tax Code of the Russian Federation. At the same time, the taxpayer may give an instruction to convert funds in foreign currency into rubles with crediting to the relevant accounts opened with the Bank.
If there are no rubles on the account or there are not enough rubles to withhold the tax, then the tax agent sends a message about the impossibility of withholding the amount of tax to the tax authorities before March 1 of the year following the expired tax period. The payment of tax in this case is made by the taxpayer in accordance with Article 228 of the Tax Code of the Russian Federation, namely:
- no later than December 1 of the year following the expired tax period, on the basis of a tax notice sent by the tax authority on the payment of tax,
- in respect of income, information about which is submitted by tax agents to the tax authorities for 2016 - no later than December 1, 2018 on the basis of a tax notice sent by the tax authority on the payment of tax.