Taxpayers can download the car repair costs in the 730 model but only under certain conditions.
Let’s see when and how to download the maintenance and repair costs of cars in the 730 model.
Model 730 and car repair costs, can they be downloaded? – Information today. it
The tax return allows citizens to reduce the taxes to be paid by offloading some expenses on income. The compilation of the 730 model must be completed by the end of September but already from May taxpayers begin to send the declaration to obtain the refund as soon as possible.
To reduce the tax, then, both deductible and deductible expenses can be used. The former reduce the income on which the tax is calculated, the latter reduce the figure directly. To check which expenses to download, simply consult the Consolidated Income Tax Act. Health, veterinary, funeral, enrollment in musical courses, university, restructuring are some of the expenses most known by citizens. Not everyone knows that maintenance costs can also be deducted from income and vehicle repair.
Car repair expenses and model 730, when they can be downloaded
When talking about expenses deductible from income, it often happens that there is a lot of confusion. On the percentage of deduction, on the method of payment allowed, on the fiscal incapacity and the invoices to keep. So many details to know in order to fill in the 730 correctly. For example, is it possible to download the costs of car repairs?
Only one condition to unload car expenses in 739 – Informazioneoggi.it
In general, the cost of repairing your vehicle cannot be deducted from your income. All maintenance or repairs to damage caused by accumulated kilometers or wear and tear are paid by the tax payer. Only some exceptions to some conditions are allowed.
Specifically, it is possible to deduct the repair costs of a car for the exclusive use of a person with a disability. The reference is to the IRPEF deduction for disabled vehicles which is due both at the time of purchase of the car and for its maintenance.
In order to obtain the deduction, two conditions must be met. The vehicle (or the leasing contract on the vehicle) must be in the name of the disabled person and the latter must be seriously disabled and owner of Law 104, article 3 paragraph 3. If the seriousness of the disability is not recognized, then the benefit can only be accessed if one has walking difficulties.
The deduction is equal to 19% and concerns the expenses incurred in the year preceding the compilation of the 730 model. In the 2023 declaration, therefore, it will be necessary to report the expenses for 2022. Another clarification. The recovery is linked to the spending limit of 18,075.99 euros. It means that the disabled taxpayer can recover a maximum of 3,434.44 euros. This is for buying a car. For repairs, on the other hand, there are no thresholds to be respected.
Another condition for obtaining the deduction is inherent in the method of payment of repair and maintenance costs. It must have been done with traceable tools. In addition, you must have kept the invoices issued by the garage where the vehicle was repaired.
2023-06-27 14:45:51
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