Presenting the model 730/2024 it is necessary for the taxpayer to bring to the Caf a series of documents which confirm not only the received incomebut also the expenses incurred for which the due deduction is requested in the tax return. In case of control by the Revenue Agency all these documents will be used to show expenses incurred and income received, if the declaration is contested.
The documentation, therefore, must be maintained for as long as an inspection by the tax administration can intervene. For a few years, however, not all of them need to be kept, because some are not control objects. What are the documents related to model 730/2024 that is necessary keep until 31 December 2029?
Below thelist of documents to be kept for tax return purposes to obtain discounts and deductions.
Form 730/2024, documents to be kept until 31 December 2029
The list of documents to be kept for the 730/2024 form
During the presentation of the tax declarationthe taxpayer is required to show all documents which highlight the right to tax deductions and deductions.
All the documents relating to form 730/2024 they go stored until December 31, 2029deadline within which the Revenue Agency can carry out checks on the right to the benefits enjoyed.
Generally speaking, the taxpayer is therefore required to keep all the documentation relating to both the income received and the tax deductions requested with form 730/2024.
We provide below thelist of main documents that you need to keep:
- Single Certification relating to income and withholdings made;
- receipts, receipts, invoices and payment receipts relating to deductible and deductible expenses;
- F24 forms relating to tax payments made;
- tax return from previous years in the case of expenses deductible in multiple years;
- registered rental contract, in case of rental;
- starting from the expenses incurred in 2020, documents certifying that the payment was made with traceable means.
We specify that the above is a non-exhaustive list of the necessary documentation. Remember that the general rule is that the taxpayer must retain all documents that prove the right to deductions or deductions in the 730/2024 form.
Model 730/2024, new documents to be kept for deductions and deductions
From 2020 theobligation to prepare and maintain also documents who certify that they have paid the relevant expense with traceable means.
Starting from the charges relating to 2020, the deduction is available exclusively in the case of payment by card, debit card, postal order or bank transfer.
As is now known, this obligation concerns all the expenses indicated in article 15 of the TUIR, with the exception of drugs, medical devices and healthcare expenses supported at public facilities or accredited with the NHS.
More specifically, these include, for example, expenses for public transport passes, school and university expenses, veterinary expenses and funeral expenses.
A large list of expenses for which it will be used keep additional documents. The receipt and invoice issued by the merchant or professional must prove that the payment was made by card or debit card.
If the receipt does not contain this information, it will be necessary to keep (and deliver to the CAF) the copy of theBank account balancethe receipt of the bank transfer made, the postal slip or alternatively the MAV of the payment made with PagoPA.
Form 730/2024: which documents to keep to calculate income
Let us now analyze the most relevant documentation relating to the 730/2024 model.
On the income side, the taxpayer must have access to the Single Certification 2021 (former CUD model) which certifies the income of employee and similar, the incomes of self-employmentthe commissions and other incomes as well as the fees deriving from short rental contracts.
The 2024 Single Certification must also be kept and exhibited in the event of checks on the withholdings made by the withholding agent and, essentially, to prove that IRPEF has been correctly paid.
Which documents to keep for the deduction of health expenses in the tax return
In form 730/2024, the costs for the purchase of drugs and medical expenses can be deducted, in compliance with the deductible indicated by the Revenue Agency.
These expenses can be demonstrated by means of the invoice or receipt that is issued by the pharmacy after the purchase.
Only documents that indicate:
- type of drug,
- quantity of product purchased;
- alphanumeric product code;
- tax code of the taxpayer making the purchase.
Services can also be deducted general practitioner/family doctor regarding services that have an additional cost, such as a sports visit or one aimed at renewing a driving licence.
As already mentioned, for the health costs incurred by private doctors, care must also be taken to keep the documents demonstrating that the payment was made by traceable means. In the absence of a receipt indicating this circumstance, it will be necessary to prepare a bank statement. For the purchase of drugs, medical devices and over-the-counter medicines, for visits and tests carried out at accredited public or private facilities, proof of traceable payment is not required, given that these deductions are foreseen even if the payment takes place in cash.
Which documents to keep for the deduction of university and education expenses
On the side of deductions for children’s education expenses, the taxpayer must keep all receipts relating to educational trips, canteens and other expenses.
However, as regards university expenses, it is necessary to keep the invoices relating to:
- registration taxes and registration (also for off-course students);
- surcharges for exams and graduation;
- there participation in entrance tests to degree courses, possibly foreseen by the faculty, as carrying out the pre-selection test constitutes an indispensable condition for access to university education courses (Resolution 11.03.2008 n. 87);
- there attendance of Active Training Internships (TFA) for the initial training of teachers established at university faculties or institutions of higher artistic, musical and dance education.
Even in this case it is necessary to prove the traceability of payments.
Documents to be kept for the mortgage and building renovation deduction in 730
Mortgage expenses are also deductible and the documents to be kept to certify the expenses incurred are different based on the intended use of the property, the year of purchase, the type of seller and any renovation works.
Generally speaking, if the purchased property is like main residence the intended use must be self-certified. If the loan covers both the expenses for the purchase of the property and the building renovation, the taxpayer must self-certify the sum attributable to both.
Instead, the deduction only of the expenses of building renovation must be proven by invoices, bank transfer receipts and the condominium administrator’s declaration. The taxpayer’s self-certification is required for the expenses on which the deduction is calculated.
Which documents can you not keep if you present a pre-compiled 730/2024?
Having listed all the documents that need to be kept, it is worth specifying a very important point. For those who file their tax return independently and make use of the 730 pre-populatedThe pre-filled Income form and the 730 simplifiednot all documents need to be retained.
All the expenses already included in the model by the Revenue Agency were provided by third parties (the pharmacy, the school, the bank, etc…). For these expenditure items, if not modified, it is not necessary to keep receipts, invoices and proof of payment by traceable means. Even in the case of an inspection, in fact, these are expenses for which proof of having incurred them will not be required.
If you modify some items of those preloaded by the tax administration, it will be necessary to keep the documentation certifying only the modified items, while for those confirmed the documentation is not necessary.
