Among the expenses that can be brought in deduction during the declaration of the incomesthose supported for the home they are, certainly, among the most important.
In fact, in model 730you can include, for example, the costs incurred by the taxpayer for the purchase and subsequent mortgage of your home, or even the expenses relating to the various building interventions carried out on the property relating to the various “home bonuses” provided for by our legislation.
The list of deductions is long and can have a significant impact in terms of savings for the taxpayer; therefore, it is better to see which expenses incurred can be included in the declaration.
Home purchase and mortgage
In the case of purchasing a house used as a first residence, you are entitled to numerous deductions relating to the expenses incurred.
Primarilythere is a deduction equal to 19% from the gross tax on interest paid and related ancillary charges on mutual for a maximum of 4 thousand euros (2 thousand if co-owned); furthermore, in relation to the purchase deed it is possible to deduct the expenses for intermediation real estate for a maximum of 190 euros.
It is necessary, however, that the declarant is the holder of the mortgage and owner of the real estate unit being considered.
In relation to mortgages contracted for interventions renovation building for the first home, they can always be deducted at 19% calculated on a maximum amount of €2,582.28. The same amount applies to loans taken out for the renovation of buildings.
We therefore enter the scope of the deductions of the various home bonuses that can be accessed.
The superbonus 110 is a separate discussion, so let’s start with the 50% deduction (the measure has been extended until 31 December 2024) of the expenses incurred for the renovationwith a ceiling of 96 thousand euros per single home as well as the interventions foreseen by the bonus earthquake.
With regard to the ecobonus, the deduction reaches 65% up to variable ceilings depending on the type of intervention. This measure is also valid until 31 December 2024. However, the deductions for “green” which reach 36% with a ceiling of 1800 euros per single home.
Finally, a deduction already extended until 31 December 2025 is that relating to expenses incurred for interventions on architectural barriers; the deductions reach 75% within a spending ceiling of 96 thousand euros.
Second home and rentals
As regards the non-main residence, it is possible to obtain a 19% deduction with a maximum of 2,065.83 euros for each mortgage holder without income brackets.
As regards rentals, a first deduction is due to low-income tenants who are entitled:
- to 300 euros if the income does not exceed 15,493.71 euros;
- to 150 euros if the income is between 15,493.71 euros and 30,987.41 euros.
As regards the agreed fees, the income bands are the same, but for the first the deduction is equal to 495.80 euros which drops to 247.90 euros for the second band.
Furthermore, for young people under 31 who live in rent, there is a fixed deduction of 991.60 euros if the total income does not exceed 15,493.71 euros.
The same amount and the same range are also valid for workers who have to move for work reasons; in the case of income between 15,493.71 euros and 30,987.41 euros the deduction reaches 495.80 euros.
