8Mon·

Hello friends of the stock market,

I need your advice: I've been invested since last year and suddenly I get mail from the tax office for the first time in my life: tax return 2023.

I've never submitted one before and have never received any mail until now. Now I have until 24.10.24

At Trade Republic, the taxes I had to pay were always deducted automatically. Do I still have to include this in my tax return? I'm completely at a loss and the lady on the phone was really unfriendly.

Thank you in advance 💐

96 Comments

Ronald@AlterMann

8Mon

If I get a call before 9:00 a.m., I'm not thrilled either. 😂🙈🤷‍♂️

What does the tax office want, where else have you invested something, how high was your exemption order everywhere...

•

View all 52 further answers

DerDanner@Therapeut

8Mon

You've never filed a tax return?
You've missed out on a lot of money...
I've already gotten €1000 back 3 times
Look for someone nearby from Lohnsteuerhilfe, you won't pay much and you can give yourself some work to do

•

View all 24 further answers

Schumi150@Schumi150

8Mon

WISO tax from Buhl. Self-explanatory, simple and professional. Costs €30 a year, which you usually get back easily. And many times better than the advertised apps such as taxfix or steuerbot. The program explains everything, gives tips and guides you through the whole process in a very simple way. I finished my tax return with all the bells and whistles within an hour at the beginning of January and knew to the cent what I would get back bekomme🤌🏻🤌🏻🤌🏻

•

Caynify@Caynify

8Mon

@Schumi150 most of them are already available on Amazon for 15-20€

••

Gi Vey@Nofan

7Mon

I've also been using WISO for 10 years. And I have no idea about taxes or declarations. So you can see that anyone can do it....

••

Metis@Metis

8Mon

What does the tax office want from you? A tax return?

•

Sandy@DividendenMieze

8Mon

@Metis Yes, for 2023. I've never done one before and as soon as I invest, I get written to 😩

••

Metis@Metis

8Mon

@DividendenMieze I've already had to do two because of corona/short-time work... 🥲 At that time, however, without capital investment.
Otherwise, I would check what else the investment income attachment in the tax return would need apart from the brokers' annual tax certificates.

•

Charmin@Charmin

8Mon

In general, there is no obligation for you to provide information on the portfolio in your tax return. As you correctly assume, the taxes have already been paid.

However, it may make sense to check a few things, for example: if you are a member of the church, you can deduct the church tax paid on the capital gains.

It is also important to check that any losses have been offset correctly and that you have not paid too much tax.

If none of this makes a significant difference to you: all good, you don't have to worry about anything.

I use the online tool from https://www.steuerbot.de for my wife - it's really quick and very easy to use.

•

Sandy@DividendenMieze

8Mon

@Charmin Thank you. Just doing it with this ❤️

•

Ben@Bart_S

8Mon

Advice from a tax official personally: file retrospectively for the last 3 years and get the money back before it expires.

Of course, you declare everything you have received and hand in your TR documents.

•

Sandy@DividendenMieze

8Mon

@Bart_S problem: I received sick pay in 2021 and would therefore have been obliged to submit it. I was not notified at the time. According to the taxman, I now have to pay a 500 euro penalty because I'm only submitting it now. Will the penalty be enforced?

••

Ben@Bart_S

8Mon

So if you have not been written to, then the processor should be able to suspend the penalty, which is how it is done at our office.

Also, never trust a taxman 😉

•

Sandy@DividendenMieze

8Mon

@Bart_S then I hope for a nice official...I was definitely not contacted back then. Thanks for the info. I think that's very kind of you, as I've really been thinking about it. I am totally preoccupied and burdened by the subject. I have handed in all 4 years and am now hoping for the best.

•

Ben@Bart_S

8Mon

Keep your fingers crossed that the other offices in Germany are as nice as we are 🤗

•

Sandy@DividendenMieze

8Mon

@Bart_S That would be really great. I haven't done a tax return for 17 years. To be honest, I didn't even know that I had to do one with sick pay. Now they've written to me for the first time and it came out that I should have done one a long time ago. We'll see what happens now.

•

Deleted User

8Mon

Comment was deleted

Sandy@DividendenMieze

8Mon

@Trille85 I'm not actually obliged - I've never done one. What the tax office doesn't like now and why I now have to submit one: I was on sick pay for one day in 2023 and the lady said that obliges me + I didn't keep an eye on my VL savings and am therefore 45 euros over the 1,000 euro allowance and, according to the lady at the tax office, that also obliges me to submit a tax return.

••

Deleted User

8Mon

Comment was deleted

Sandy@DividendenMieze

8Mon

@Trille85 am currently in the process 😩

••