Department for tax returns 2024: This is how you avoid expensive punishments!

Department for tax returns 2024: This is how you avoid expensive punishments!

Deutschland - The year 2024 is coming to an end, and there are important deadlines for taxpayers that must be observed. The tax return for 2024 must be submitted by July 31, 2025. This regulation applies in particular to compulsory taxpayers, such as "https://www.weser-kurier.de/ratberger/steuerklaerung-2024-diese-gelten-doc80xa4rx5tas1G02GH161"> Weser Kurier . For taxpayers who commission a tax advisor or a income tax aid association, the deadline is extended until April 30, 2026.

The failure of these deadlines can lead to considerable consequences, including a delay surcharge of at least 25 euros per month. In addition, a maximum surcharge of 0.25 % of the tax liability is possible, which died up to 25,000 euros. There is also the possibility of imposing compulsory money between 100 and 500 euros, if the deadline is exceeded, such as the ftd notes.

Who is obliged to submit?

The obligation to submit a tax return is not only for duty taxpayers, but also for employees with ancillary income over 410 euros, self -employed, traders and freelancers, regardless of income. Pensioners must submit a tax return if their taxable income exceeds the basic allowance of 11,784 euros in 2024. Landlords should also become active as soon as the rental income exceeds this allowance. People with residence abroad who are subject to unlimited tax in Germany also fall into this category. Employees who are below the basic allowance are not obliged, but can voluntarily submit their tax return.

The tax return can be submitted up to four years retrospectively, which means that 2024 periods for the tax return are up to December 31, 2028. The tax office can also request an explanation, even if there is no obligation to ensure that all tax requirements are met, according to Haufe .

consequences of non -compliance

With a late submission, it is advisable to submit the tax return as soon as possible to minimize possible punishments. Late surcharges and interest on additional payments that start at 0.5 % per month from April 1, 2026 can otherwise increase the financial burden. The tax office also has the opportunity to estimate the taxable income, which in most cases leads to an unfavorable result for the taxpayer In view of these strict regulations and potential consequences, it is of the utmost importance for taxpayers to take care of their tax return in good time. An early planning and, if necessary, the commissioning of a tax consultant can help to avoid unwanted financial consequences.