Rent deduction in 730/2024: rules, instructions and amounts

Can the Irpef due be reduced with the rent deduction in 730/2024? The legislator believes that among the expenses worthy of tax breaks are those for renting a property used as a main residence.
Consequently, from form 730/2024 it is possible to deduct the expenses incurred for rent, i.e.
the rent, during 2023.
How does the deduction work in the tax return for rent? The general rule, in any case, provides that the deduction is due when the expense incurred relates to the main residence, i.e.
the one in which the taxpayer usually lives.
If a multi-month rental contract is stipulated for the beach house, there is no deduction on the amounts paid as rent, of course this is just an example.
The deadline to send form 730/2024 is September 30th.
We remind you that from 30 April 2024 the pre-compiled declaration is available on the Revenue Agency website.
The rent can also be deducted with the Personal Income model.
In this regard, we remind you that for 2024 this model must also be presented with a deadline of 30 September.
Rent deduction in 730/2024: general rules, instructions and amounts The general rules for the deduction of rent expenses Rent deduction in 730/2024: instructions and amounts 2024 rent deduction for young people How to fill out form 730/2024 to obtain the deduction rent Off-site workers and deduction of rent expenses in 730 Off-site students and rent deduction in model 730 The general rules for the deduction of rent expenses Also in 2024 it is possible to deduct the expenses incurred to pay the rent in 2023.
They are tenants who sign rental contracts for properties used as a main residence to be able to benefit from the Irpef reimbursement.
The deduction is recognized and graduated in relation to the amount of overall income.
If the deduction is higher than the gross tax, reduced by deductions for family dependents and other deductions relating to particular types of income, the person providing tax assistance will recognize a credit equal to the portion of the deduction that was not covered by the tax .
The deductions are not cumulative, but the taxpayer can choose the one most favorable to him.
If during 2023 the taxpayer has moved house several times, always with a regular rental contract, he can benefit from more deductions.
The rented property must be different from the parents' main home.
The rental contracts for which it is possible to obtain an Irpef reimbursement of expenses incurred are the following: Deduction for tenants of accommodation used as a main residence; Deduction for tenants of accommodation used as a main residence rented under conventional contracts (dry tax rate); deductions for contracts stipulated by young people between the ages of 20 and 31; Employed workers who transfer residence for work reasons.
read also Deductions 730/2024: the complete list of expenses that can be downloaded Rent deduction in 730/2024: instructions and amounts Taxpayers who incurred expenses to pay the rent in 2023 can deduct them in form 730/2024 .
As we have seen, the general rule valid for everyone is that the expenses were incurred for the rental of properties used as a main residence.
In form 730/2024 the deductions must be indicated in part E "Charges and expenses" in the lines between E 71 and 72, section V.
Tenants of accommodation used as a main residence, to obtain the deduction due, must complete form 730 /2024 on line E71.
Code 1 must be indicated by taxpayers who have stipulated or renewed the rental contract for properties intended for primary residence.
In this case, the maximum amount of the deduction will be: 300 euros if the total income does not exceed 15,493.71 euros; 150 euros if the total income is between 15,493.72 and 30,987.41 euros.
Code 2 is the one that tenants of accommodation used as a main residence rented with contracts under the conventional regime, i.e.
according to the flat rate tax regime, must use.
The amounts of the deduction are equal to: 495.80 euros if the total income does not exceed 15,493.71 euros; 247.90 euros if the total income is between 15,493.72 and 30,987.41 euros.
2024 rent deduction for young people Code 4 must instead be used for the rental payments due to young people for their main residence.
By “young people” we mean subjects aged between 20 and 31 years of age.
If you turn 31 on January 1, 2023, the deduction is not available for 2023.
The age requirement is, however, satisfied if it also occurs for part of the year in which one intends to benefit from the deduction.
In this case we also speak of a "rent bonus".
The deductions for the "Rental Bonus" are equal to 20% of the rent if the total income does not exceed 15,493.71 euros, the amount of the deduction cannot exceed 2,000 euros; it cannot be less than 991.60 euros.
In the event that the rental contract is stipulated by multiple tenants (or tenants), only those who meet the necessary requirements for the deduction will be able to take advantage of it.
It is not possible to obtain the deduction for the rent stipulated by young people between the ages of 20 and 31 if the house is registered with codes A/1, A/8 and A/9, i.e.
luxury properties, of an elegant type, homes in villas and palaces with historical and artistic merits.
Further limits are represented by the case in which the case concerns public residential accommodation or accommodation aimed at tourist purposes.
How to fill out form 730/2024 to obtain the rent deduction To correctly fill out part E you need to pay attention to the following instructions: in Column 1 (Type): the code relating to the deduction (which we saw above) must be indicated.
in Column 2 (number of days): the number of days in which the rented property unit was used as a main residence must be indicated.
in Column 3 (percentage): the percentage of deduction due must be indicated.
For example, two taxpayers who are joint owners of the principal residence lease must indicate “50”.
If the rental contract was signed by a single person, "100" should be indicated instead.
Line E72 is dedicated to employees who have moved their residence to the municipality where they work or to one of the neighboring ones in the three years preceding the year in which the deduction was requested.
Off-site workers and deduction of rent expenses in 730 As we have seen, employees who move their residence for work can benefit from the deduction of rent expenses.
These employees must be holders of any type of rental contract for real estate units used as a main residence located in the new municipality of residence, no less than 100 kilometers away from the previous one, and in any case outside their region.
They can take advantage of the deduction within the first three years of transferring residence.
The deduction is available exclusively to employees even if the change in residence is the consequence of a newly stipulated employment contract.
Recipients of income assimilated to that of employed work are excluded.
If the taxpayer, during the period of eligibility for the deduction, ceases to be an employee, he loses the right to the deduction starting from the tax year following the one in which this qualification no longer exists.
Here are the amounts of the deduction based on income: 991.60 euros if the total income does not exceed 15,493.71 euros; 495.80 euros if the total income is between 15,493.72 and 30,987.41 euros.
Off-site students and rent deduction in the 730 form.
As regards the rent deduction for off-site students, there is something new regarding the minimum distance for have access to Irpef reimbursement.
The Revenue Agency's instructions specify that for the 2024 tax return, therefore relating to 2023 expenses, the minimum distance between the municipality of residence and the university must be 100 kilometers, and in any case outside the same province .
In this case the deduction must always be indicated in table E, but in lines E8-E10 and the code relating to this deduction is 18.
read also Off-site student rent deduction in 730/2023: requirements and instructions